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Three-Story Downtown Office Building
For Sale
$625,000

717 Michigan Ave, La Porte, IN 46350

Three-story commercial building with elevator service and a 2,312 SF third-floor open-concept creative space.

Property Size20,868 SF
Price / SF$29.95
Days on Market111

Property Features for 717 Michigan Ave

General Information

Standard status Active
Size 20,868 SF
Property subtype Commercial

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Clear Height 20 ft

Amenities

elevator
hardwood flooring
oversized windows
natural light
basement storage
exterior access to basement

Building Details

Year Built 1889
Stories 3
Tenancy Multi
Listing Agency: Blackrock Real Estate Services
Listed By: Angela Carr
Source: Illianahomesource
Added: May 25 Changed: Sep 9 Last Checked: Sep 12 at 10:28AM

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 Blackrock Real Estate Services

Investment Insights

Based on property information with market context.

This iconic three-story commercial building totals approximately 20,868 SF and is described as well-maintained. The property includes fully leased space on the first floor to long-term tenants and the seller’s accounting firm on the second floor. The third floor is currently presented as an expansive 2,312 SF open-concept area with dramatic 20-foot ceilings, hardwood flooring, oversized windows, and abundant natural light, complemented by three additional rooms. A leased apartment on the third floor is accessible by elevator and stairwell.

An elevator serves all floors and is professionally inspected and maintained annually. The full basement provides storage and includes its own exterior access opening, which the listing describes as supporting potential adaptive reuse ideas subject to approvals.

The building is positioned in historic downtown LaPorte with immediate access to Highway 35/39 and State Road 2, and the listing notes eligibility for the Urban Enterprise Grant Program. A full rent roll document is available in the document section.

Key Highlights

  • Iconic three‑story commercial building totaling approx. 20,868 SF in historic downtown LaPorte
  • 3rd‑floor lease space totals 2,312 SF with an open‑concept layout and dramatic 20‑foot ceilings
  • Elevator services all floors; elevator is professionally inspected and maintained annually

Property Analytics

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Open Analytics

Current Use

John T. Heroldt, ... Physician Edward Jones - Financial ... Financial Advisor Hair by Hannah ... Hair Salon Parcel Port Courier Service UPS Authorized Shipping ... Courier Service

Suggested Use

Top Pick Parking Lot & Garage Bakery (Bike/Boat/Book/etc) Store Skin Care Clinic Acupuncture Tech Support 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

20 ft
Clear height
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,252
Businesses Nearby

Demographics for 46350, IN

44,522
Population
19,576
Households
2.3
Avg Household Size
42
Median Age
24%
College-Educated
92%
High-School Grad
193.5 sq mi
ZIP Area
230
Density / Sq Mi
$75,311
Median Household Income
$44,309
Median Earnings
$920
Median Rent
$199,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Three-story commercial building with elevator service and a 2,312 SF third-floor open-concept creative space.
Where is this office building located?
The property is located at 717 Michigan Ave La Porte, IN.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Iconic three‑story commercial building totaling approx. 20,868 SF in historic downtown LaPorte; 3rd‑floor lease space totals 2,312 SF with an open‑concept layout and dramatic 20‑foot ceilings; Elevator services all floors; elevator is professionally inspected and maintained annually
More about this property
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