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Remodeled Office Building
For Lease
$5,280/Mo

2814 Franklin Street, Michigan City, IN 46360

Commercial Lease, Michigan City, IN

Space SizeContact for details
Lot Size0.51 Acres
Days on Market49

Property Features for 2814 Franklin Street

General Information

Property type Commercial Lease
Property subtype Office
Parking features Off Street, Alley
Security features Security System
Subdivision Oaklawn Add
Directions From Hwy 20 Head North On Franklin St. Go through the stoplight at Coolspring Ave. Building will be on the right at the corner of Franklin St and Gardena
Standard status Active
APN 460133312022000022
Size 3,960 SF
Lot size 0.51 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description 42-01-33-312-022 OAKLAWN ADD LOT 1 & VAC 15 FT ALLEY BTW LTS 1 & 2 BLK 3
Tax Annual Amount 6105
Legal Description 42-01-33-312-022 OAKLAWN ADD LOT 1 & VAC 15 FT ALLEY BTW LTS 1 & 2 BLK 3

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Water source Public

Amenities

skylights
ADA compliant
ADA bathrooms
ramp access
break area
employee bathroom
security system
irrigated landscaping

Building Details

Year built 1962
Listing Agency: Coldwell Banker Realty · Coldwell Banker Real Estate
Listed By: Zane Galloway · License #RB16000549
Added: Jul 28 Changed: Sep 12 Last Checked: Sep 14 at 9:06PM
MLS# 843048

Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office building provides 3,960 square feet of functional workspace within a 1962 structure remodeled in 1994. The interior includes a bright waiting area, reception space, 10 offices, two testing rooms, storage rooms, a utility room, employee break area, and dedicated employee bathroom. Two offices are sized for conference use, while skylights bring natural light into the circulation areas. The building is ADA compliant, with two ADA bathrooms and ramp access from the parking area.

Located at 2814 Franklin Street in Michigan City, the property includes a 0.5096-acre lot with 27 parking spaces and multiple ingress and egress points. Public water and sewer serve the building, which is heated by natural gas and forced air. The layout may accommodate multiple tenants, and the grounds include irrigation and an active Sentinel Alarm security system.

Key Highlights

  • 3,960‑square‑foot office building on a 0.5096‑acre lot
  • 10 offices, including two large enough for conference use
  • 27‑space private parking lot with multiple ingress and egress points

Property Analytics

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Current Use

Brennen Constance Counselor

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage Garden Center Computer & Electronic Repair

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

NNN (Triple Net)
Lease Type
$2.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

344
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Flexible office layout with private rooms, reception areas, conference-capable offices, and accessible building features.
Where is this office building located?
The property is located at 2814 Franklin Street Michigan City, IN.
What is the lease rate?
The lease rate is $5,280/Mo.
What are key features of this property?
This property features: 3,960‑square‑foot office building on a 0.5096‑acre lot; 10 offices, including two large enough for conference use; 27‑space private parking lot with multiple ingress and egress points
More about this property
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