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Two-Story Office Units
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2424 Franklin St, Michigan City, IN 46360

Small office suites provide gross-lease simplicity with utilities, maintenance, restrooms, Wi-Fi, parking, and 24/7 access included.

Space Size300 SF
Property Size11,776 SF
Days on Market143

Property Features for 2424 Franklin St

General Information

Standard status Active
Size 300 SF
Net Rentable 300 SF
Class B
Total Parking Spaces 50
Property subtype Office
Occupancy 90%
Lease Type Gross

Space & Availability

Available Space 300 SF
Space Use Office
Condition Turnkey
Available From Immediate

Site & Location

Road Access Yes
Utilities to Site Yes

Amenities

24/7 access
security camera coverage
parking lot
Wi-Fi

Building Details

Building Size 11,776 SF
Year Built 1968
Stories 2
Tenancy Multiple

Spaces For Lease

at 2424 Franklin St Contact us

Franklin Suite 206 $20/SF/Yr

Size
300 SF
Type
Office
Lease Type
Gross
Availability
Active
Contact us
Listing Agency: John Mathewson
Listed By: John Mathewson · License #INDIANA | RB14051634
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 5:05AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of John Mathewson

Investment Insights

Based on property information with market context.

Two office suites of approximately 300 square feet each are available within a professionally maintained, two-story office building. The suites are offered under fully gross-style leases that include utilities, common area maintenance, restrooms, NIPSCO electric and gas, and standard building Wi-Fi through a mesh network. Property-wide security cameras and 24/7 access support straightforward daily operations for office users.

Built in 1968, the building is approximately 90% occupied and includes a parking lot with convenient in-and-out access from Franklin Street. The address is 2424 Franklin Street in Michigan City, Indiana, along a busy commercial corridor. The available configuration is suited to users seeking compact, ready-to-use office space with predictable occupancy costs and shared building services.

Key Highlights

  • Two office suites of approximately 300 square feet each
  • Fully gross‑style leases include utilities, CAM, restrooms, NIPSCO electric and gas, and standard building Wi‑Fi
  • Approximately 90% occupied two‑story office building

Property Analytics

Current Use

Ride With Care ... Handicapped Transportation Service Kenneth Fugate & Associates ... Law Firm Fugate Law Firm Law Firm Computer Pros MC, ... Electronics & Wireless Store Hannah Keener Physician

Suggested Use

Top Pick Building Supply Law Firm Real Estate Agency Big Box & Wholesale Store Dental Office Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

90%
Occupancy
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

566
Businesses Nearby

Demographics for 46360, IN

44,209
Population
21,652
Households
2
Avg Household Size
42
Median Age
23%
College-Educated
90%
High-School Grad
76.6 sq mi
ZIP Area
577
Density / Sq Mi
$59,641
Median Household Income
$36,738
Median Earnings
$924
Median Rent
$155,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Small office suites provide gross-lease simplicity with utilities, maintenance, restrooms, Wi-Fi, parking, and 24/7 access included.
Where is this office units located?
The property is located at 2424 Franklin St Michigan City, IN.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Two office suites of approximately 300 square feet each; Fully gross‑style leases include utilities, CAM, restrooms, NIPSCO electric and gas, and standard building Wi‑Fi; Approximately 90% occupied two‑story office building
More about this property
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