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326 Us-20, Michigan City, IN, 46360
Highway 20 Commercial Land Opportunity

326 Us-20 Michigan City, IN 46360

For Sale
Contact for pricing

3.5-acre commercial lot with existing vacant motel building.

Lot Size3.50 Acres
Days on Market728

Property Features for 326 Us-20

General Information

Standard status Active
Lot size 3.50 Acres
Property subtype Hospitality, Retail, Industrial, Office

Building Details

Year Built 1952
Listing Agency: Coldwell Banker Real Estate Group
Listed By: Zak Elhidaoui · License #RB14051459
Source: Crexi
Added: Jul 31, 2024 Changed: Jul 10 Last Checked: Jul 27 at 7:34PM

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 Coldwell Banker Real Estate Group

Investment Insights

Based on property information with market context.

This 3.5-acre commercial lot is located on Highway 20, identified as one of the most desirable commercial sites in Michigan City. The property includes an existing vacant motel building. Opportunities include renovating the motel to meet city requirements or developing the land for other business purposes. An environmental study and stake survey have already been completed. There is a billboard on site that generates monthly income.

Key Highlights

  • 3. 5‑acre commercial lot on Highway 20, a highly desirable location in Michigan City.
  • Existing vacant motel building presents renovation or redevelopment opportunities.
  • Environmental study and stake survey already completed.

Property Analytics

Property Profile Location Intelligence

Current Use

Motels

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Dental Office HVAC Service Hair Salon

Zoning and permitted uses should be independently verified with authorities.

Similar Off Market Nearby

  • Travel Inn — 3944 Franklin St, Michigan City, IN 46360
  • ABC Motel — 3948 Franklin St, Michigan City, IN 46360
  • Christy's Motel Court — 326 US-20, Michigan City, IN 46360
  • Best Western Plus — 502, Michigan City, IN 46360
  • Baymont by Wyndham Michigan City — 4128 Franklin St, Michigan City, IN 46360

Frequently Asked Questions

What type of property is this?
Motel - 3.5-acre commercial lot with existing vacant motel building.
Where is this motel located?
The property is located at 326 Us-20 Michigan City, IN.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: 3. 5‑acre commercial lot on Highway 20, a highly desirable location in Michigan City.; Existing vacant motel building presents renovation or redevelopment opportunities.; Environmental study and stake survey already completed.
More about this property
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