Michigan City, IN Commercial Real Estate for Sale

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Updated: Mar 17

Mixed-Use Building with Carriage House

1115 Franklin Street, Michigan City, IN 46360

$510,000

5,737 sqft 0.06 AC lot

5,737‑square‑foot mixed‑use property on a 0.06‑acre parcel
Street‑level retail space with two apartments above
Separate carriage house included with the property
2024 roof, furnace, and 200 amp electrical service
All units occupied under active leases

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1115 Franklin Street, Michigan City, IN 46360

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Est. Cap Rate

9.1%
Above avg (5.9%)
Est. NOI

$46K
Annual
Price @ 7% Cap

$659K
Above asking
Property Type

Single Family Residence
Built 1900

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Updated: Apr 23

Brick Mixed-Use Building

731 Washington Street, Michigan City, IN 46360

$639,000

4,495 sqft 0.14 AC lot

4,495 square feet on a 0.1355‑acre lot
Brick building constructed in 1870
Mixed‑use layout with residential and restaurant components
Commercial kitchen with indoor and outdoor dining areas
Separate office and large deck area

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Tunnel Car Wash with Updated Equipment

3417 Franklin Street, Michigan City, IN 46360

$1,075,000

4,702 sqft 0.79 AC lot

B-2 zoning supports the current car wash configuration and possible commercial reuse, subject to City of Michigan City verification.

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Remodeled Office Building

2814 Franklin Street, Michigan City, IN 46360

$749,000

3,960 sqft 0.51 AC lot

Flexible professional layout with private parking, ADA access, and separate work areas for staff and visitors.

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Mixed-Use Building with Bakery Space

909 Franklin St, Michigan City, IN 46360

$1,700,000

8,265 sqft

Commercial space includes baking equipment, walk-in coolers, a loading dock, and a three-car garage.

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Updated Restaurant With Patio

615 E In-212, Michigan City, IN 46360

$675,000

1,712 sqft 0.71 AC lot

Established food-and-beverage business includes a separate residence, liquor and gaming licenses, and refreshed building systems.

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Industrial Flex Facility with Heavy Power

100 Anchor Road, Michigan City, IN 46360

$3,000,000

60,500 sqft 4.42 AC lot

Versatile industrial space supports manufacturing, distribution, and service operations with substantial loading and electrical capacity.

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High-Visibility Commercial Redevelopment Opportunity

Michigan City, IN 46360

$1,075,000

4,702 sqft 0.79 AC lot

4,702 SF property with redevelopment potential in a prime location.

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Mixed-Use Building with Office Space

2710 Franklin Street, Michigan City, IN 46360

$369,900

4,454 sqft 0.19 AC lot

Office and residential components occupy a well-maintained early 20th-century building with separate entrances and utilities.

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Mid-Century Modern Church

4274 W Dunes Highway, Michigan City, IN 46360

$500,000

12,436 sqft 1.43 AC lot

Two-building property includes a sanctuary, parsonage, offices, classrooms, and basement facilities.

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Storefront Property Near Lake Michigan

3636 E Us Highway 12, Michigan City, IN 46360

$595,000

5,000 sqft

Commercial space positioned near Beachtown and Lake Michigan attractions.

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B3 Zoned Commercial Land Parcel

N Frontage Road, Michigan City, IN 46360

$400,000

1.01 AC lot

B3-zoned commercial parcel with Highway 421/Franklin Street frontage near the I-94 interchange and major employers.

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Two-Building Office Property

2702 W Dunes Highway, Michigan City, IN 46360

$250,000

1,170,512 sqft 0.35 AC lot

B-2-zoned property with two existing buildings and public water service in the Town of Pines.

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Commercial Land Assemblage With Highway Frontage

2621 E Us Highway 12, Michigan City, IN 46360

$1,750,000

3,550 sqft

Multi-parcel assemblage at two addresses along US Highway 12 with extensive highway frontage for a range of commercial redevelopment uses.

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Office Building With Multiple Entrances

4121 Franklin Street, Michigan City, IN 46360

$699,900

3,840 sqft 0.50 AC lot

Flexible office layout with separate access points, dedicated parking, updated mechanical systems, and a rear deck.

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Commercial Corner Lot

Cook Street, Michigan City, IN 46360

$244,900

0.29 AC lot

Commercial parcel positioned at a visible intersection near hospitality, entertainment, retail, and regional rail amenities.

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Move-In Ready Office Building

2814 Franklin St, Michigan City, IN 46360

$749,000

3,960 sqft

Bright, fully remodeled office building with ADA access and a 27-space private parking lot.

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Mixed-Use Property with B2 Zoning

409 W 9th Street, Michigan City, IN 46360

$99,999

2,797 sqft 0.13 AC lot

Two-story commercial property with public utilities and on-street parking near shopping, an arts district, and Washington Park.

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Office Building with Multiple Entrances

4121 Franklin St, Michigan City, IN 46360

$699,900

3,840 sqft 0.50 AC lot

Versatile building with three separate entrances, 11 offices, and 24 designated parking spaces.

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Commercial Land Near I-94

3886 N 950 W, Michigan City, IN 46360

$350,000

5.58 AC lot

5.38 acres of commercial land in Michigan City, Indiana.

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Marine Business and Storage Property

2766 W Dunes Highway, Michigan City, IN 46360

$750,000

320 sqft 1.10 AC lot

For sale including an office building, work vehicle, and two hydraulic boat trailers supporting repair, maintenance, and storage operations.

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Mixed-Use Quadplex with Retail

1115 Franklin Street, Michigan City, IN 46360

$510,000

0.06 AC lot

Fully leased property combines street-level retail, residential apartments, and a separate carriage house under active leases.

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Neighborhood Shopping Center

1700-1724 E HWY 20, Michigan City, IN 46360

Contact for pricing

23,780 sqft

Established retail property with daily-needs tenancy, highway exposure, and available suites for occupancy growth.

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Wooded Agricultural Land

11011 W 100 N, Michigan City, IN 46360

$675,000

50.00 AC lot

Wooded acreage with a concrete-floor pole barn and well and septic service.

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Michigan City, IN Commercial Real Estate Market Trends and Statistics

Explore 80 commercial real estate for sale in Michigan City, IN, showcased through 80 active listings on our real estate platform. These investment opportunities span a total of 1,605,090 square feet of properties for sale, with an estimated market value of $24,897,299.

Sale prices for business properties in Michigan City, IN start at $35,000, averaging $638,392, and reaching up to $3,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 44K

Population Growth (5Y) +0.7%

Median Household Income $59,641

College Educated 15.5%

High-Yield Neighborhoods for Investment

Identify Michigan City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
46360	$731.5K

Taxes & Financing

Tax Rate (average for all types) 2.64%

Property Tax per SF $45.66 per SF

Tax Rate vs County Average 0.23 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in LaPorte County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in LaPorte County

Office

Property Size Breakdown

The majority of commercial real estate listings in Michigan City fall within the 10,000 to 25,000 square foot range.

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