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Retail Space on Franklin Street
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3207-3299 Franklin St, Michigan City, IN

5,756 SF retail space with high traffic and parking.

Space Size2,729 SF - 5,756 SF
Lot Size2.34 Acres
Days on Market276

Property Features for 3207-3299 Franklin St

General Information

Standard status Active
Size 2,729 SF - 5,756 SF
Lot size 2.34 Acres
Property subtype FLEX_R_AND_D
Lease Type NNN

Spaces For Lease

at 3207-3299 Franklin St Contact us

3221 Franklin St $9.75/SF/Yr

Floor
1
Size
5,756 SF
Type
RETAIL
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- 5,756 SF retail space with open floor plan - Space can be leased as a whole, or...
show more
Contact us

3231 Franklin St $10/SF/Yr

Floor
1
Size
2,729 SF
Type
FLEX_R_AND_D
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- 5,756 SF retail space with open floor plan - Space can be leased as a whole, or...
show more
Contact us
Listing Agency: Bradley Company | Merrillville
Listed By: Steven (Steve) Nicksic
Source: Moodyscre
Added: Nov 24, 2025 Changed: Aug 9 Last Checked: Aug 26 at 8:55AM

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 Bradley Company | Merrillville

Investment Insights

Based on property information with market context.

This 5,756 square foot retail space features an open floor plan and is situated on Franklin Street, which experiences daily traffic counts exceeding 18,500 vehicles. The space can be leased in its entirety or divided equally. The property is part of an active retail center anchored by a neighboring CVS Pharmacy. Located approximately 2 miles from Hwy 80/94, the property offers abundant parking for both employees and clients. The space includes an overhead door at the rear to facilitate pickups and deliveries. The building features 40 feet of retail window frontage and lighted pylon signage.

Key Highlights

  • High‑traffic location on Franklin St (over 18,500 vehicles daily).
  • Anchored by CVS Pharmacy in an active retail center.
  • Divisible 5,756 SF retail space offering flexible leasing options.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Gym & Fitness Center Grocery & Convenience Store Spa & Massage Center

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
$1.46 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

286
Businesses Nearby

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 5,756 SF retail space with high traffic and parking.
Where is this retail space located?
The property is located at 3207-3299 Franklin St Michigan City, IN.
What is the lease rate?
The lease rate is $9.75 SF/Yr.
What are key features of this property?
This property features: High‑traffic location on Franklin St (over 18,500 vehicles daily).; Anchored by CVS Pharmacy in an active retail center.; Divisible 5,756 SF retail space offering flexible leasing options.
(219) 508-0554 Call to check price and availability
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