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Mixed-Use Property with Upper Rental
For Sale
Contact for pricing
Pending

2714 Franklin St, Michigan City, IN 46360

Corner property with commercial frontage and an upper-level short-term rental.

Property SizeContact for details
Days on Market142

Property Features for 2714 Franklin St

General Information

Standard status Pending
Property subtype Retail, Multifamily

Additional Details

Corner Location Yes

Amenities

large window displays
updated kitchen
cathedral ceilings
upper deck
shed
backyard

Building Details

Buildings 1
Stories 2
Listing Agency: North Star Properties, LLC
Listed By: Monica O'Donnell · License #IN
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 2:16AM

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 North Star Properties, LLC

Investment Insights

Based on property information with market context.

This mixed-use property combines a street-facing commercial level with an upper floor currently operating as a short-term rental. The main floor offers generously sized rooms, large display windows, and existing plumbing connections for a kitchen and bathroom, supporting a range of storefront-oriented configurations.

The upper level includes an updated kitchen, cathedral ceilings, a broad floor plan, and access to an upper deck. Additional exterior features include a shed and a landscaped backyard. Positioned at the corner of Franklin and Superior in downtown Michigan City, the property places the commercial space along Franklin Street while retaining a separate upper-level use.

Key Highlights

  • Corner position at Franklin and Superior in downtown Michigan City
  • Large display windows along the main commercial level
  • Main floor includes plumbing connections for a kitchen and bathroom

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Auto Parts Store Building Supply

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

Location Intelligence

Trade Area within ½ mile

523
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Corner property with commercial frontage and an upper-level short-term rental.
Where is this mixed-use property located?
The property is located at 2714 Franklin St Michigan City, IN.
What are key features of this property?
This property features: Corner position at Franklin and Superior in downtown Michigan City; Large display windows along the main commercial level; Main floor includes plumbing connections for a kitchen and bathroom
More about this property
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