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Industrial Warehouse with Billboard Income
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332 W US Hwy 20, Michigan City, IN 46360

Industrial warehouse with multiple docks, ample parking, and billboard income on a highly traveled corridor.

Property Size38,190 SF
Price / SF$29.46
Days on Market547

Property Features for 332 W US Hwy 20

General Information

Standard status Active
Size 38,190 SF
Property subtype INDUSTRIAL
Listing Agency: NAI Cressy Commercial Real Estate - Corporate
Listed By: Christopher Barth · License #RB14051091
Source: Moodyscre
Added: Feb 11, 2025 Changed: Aug 8 Last Checked: Aug 8 at 10:42AM

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 NAI Cressy Commercial Real Estate - Corporate

Investment Insights

Based on property information with market context.

This warehouse offers a value-added source of annual billboard income, along with building signage and a large dock area for servicing operations. The property also includes ample on-site surface parking and excess land that could be cleared for expansion of the building and/or parking lot. Municipal water and sewer are available to the site.

Situated on US 20 with close proximity to I-94 and US 12, the property benefits from placement along a highly traveled commercial corridor with industrial, retail, and commercial businesses. The combination of dock capacity, surface parking, and billboard income may support a range of industrial uses while leveraging existing site improvements.

Key Highlights

  • Industrial warehouse on US 20 in a highly traveled commercial corridor near I‑94 and US 12
  • Value‑added annual billboard income
  • Large number of docks servicing the building and building signage

Property Analytics

Current Use

Warehouses

Suggested Use

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

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

552
Businesses Nearby
Balanced
Demand for This Use

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Similar Off Market Nearby

  • Lakeshore Storage 922 US-20, Michigan City, IN 46360

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial warehouse with multiple docks, ample parking, and billboard income on a highly traveled corridor.
Where is this warehouse located?
The property is located at 332 W US Hwy 20 Michigan City, IN.
What is the asking price?
The asking price for this property is $1,125,000.
What are key features of this property?
This property features: Industrial warehouse on US 20 in a highly traveled commercial corridor near I‑94 and US 12; Value‑added annual billboard income; Large number of docks servicing the building and building signage
(574) 485-1553 Call to check price and availability
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