Highway Commercial
For Sale
$1,050,000
W 400 N, Michigan City, IN 46360
Land, Michigan City, IN
Property SizeContact for details
Lot Size21.81 Acres
Days on Market535
Property Features for W 400 N
General Information
Property type
Land
Property subtype
Other
Zoning description
Commercial
Subdivision
Coolspring Township
Directions
From I-94 Head North on Franklin St (421). Turn Right on 400 N. Property is to the South across from Walmart
Standard status
Active
APN
460516126001000046
Lot size
21.81 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
Legal Description: 11-05-16-126-001 W 1/2 OF NE 1/4 NW 1/4 S16 T37 R4. 21.814 AC
Tax Annual Amount
541
Legal Description
Legal Description: 11-05-16-126-001 W 1/2 OF NE 1/4 NW 1/4 S16 T37 R4. 21.814 AC
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Coldwell Banker Realty · Coldwell Banker Real Estate
(269) 469-3950
Listed By:
Zane Galloway · License #RB16000549
(219) 707-9282
Added: Apr 10, 2025
Changed: Sep 5
Last Checked: Sep 26 at 5:06AM
MLS# 818882
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 21.814-acre commercial land tract is zoned B-3 Highway Commercial and offers a large development footprint along W 400 N. The property has two frontage areas measuring over 700 feet each, with the northern side facing Walmart and the southern side across from Duneland Dialysis. Preliminary survey work outlines a potential division into 6 parcels of about 3.5 acres each, allowing the full tract or individual parcels to be considered.
Access is provided from the southern corridor to Michigan City near I-94 and U.S. 421 (Franklin St). I-94 traffic is reported at over 45,000 vehicles daily, and the site is within the I-94 TIF District. Public water and public sewer are available, with gas and electric available at the street. A new Franciscan Health hospital is part of the surrounding development context.
Access is provided from the southern corridor to Michigan City near I-94 and U.S. 421 (Franklin St). I-94 traffic is reported at over 45,000 vehicles daily, and the site is within the I-94 TIF District. Public water and public sewer are available, with gas and electric available at the street. A new Franciscan Health hospital is part of the surrounding development context.
Key Highlights
- 21.814 acres zoned B‑3 Highway Commercial
- Two frontage areas of over 700 feet each
- Preliminary subdivision plan for 6 parcels of about 3.5 acres each
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
393
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Commercial land - B-3-zoned development land with public water and sewer access at the street.
Where is this commercial land located?
The property is located at W 400 N Michigan City, IN.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: 21.814 acres zoned B‑3 Highway Commercial; Two frontage areas of over 700 feet each; Preliminary subdivision plan for 6 parcels of about 3.5 acres each
