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    410 Michigan St Plymouth, IN 46563

    Sponsored
    For Lease
    $12 SF/Yr

    Historic Downtown Office Suite, 2024 sq ft

    Lot size:
    34,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    The Plymouth Building offers a unique opportunity to lease a 2,024 square foot office suite in a historic building. This meticulously maintained, five-story building, constructed in 1908, boasts a total of 34,000 square feet and 25 suites. This particular suite features five individual offices (ranging from 120 to 182 square feet), a spacious 156 square foot breakroom, a 136 square foot storage area, and private bathrooms. The suite also includes a large 1184 square foot general use area, providing ample flexibility for various business needs. Enjoy the convenience of a private street entrance and street parking. Elevator access is available within this well-maintained building. Tenants are responsible for electricity and internet; all other utilities are included. A 5% annual rent escalation will be implemented after the first year of the lease. The suite is situated on a 0.23-acre lot and features 12-inch ceilings. This is an exceptional opportunity to secure a prominent office space in a desirable location. The suite's layout and amenities make it ideal for a variety of businesses seeking a blend of historical charm and modern convenience. Don't miss this chance to establish your business in this iconic building.

    Property Features for 410 Michigan St

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    34,000 SF
    Total Rate
    34000

    Building Details

    Year Built
    1908
    Stories
    5

    Unit(s) available at that property

    Space
    Size
    2,024 SF
    Rate per SF
    $12

    HighLights

    • Plymouth Building: 34,000 SF, 25 suites, multi‑tenant office building.
    • One available space totaling 2,024 SF.
    • Features include street‑level entrance, elevator, and private bathrooms.
    • Building amenities: breakroom and storage area.
    • Tenants responsible for electricity and internet; other utilities included.
    • Rent escalates 5% annually after the first year.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coworking space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Plymouth
    County
    Marshall
    State
    Indiana
    Longitude
    -86.3090807
    Latitude
    41.3430101

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    FAQs

    What type of property is this?
    Coworking space - Historic Downtown Office Suite, 2024 sq ft
    Where is this coworking space located?
    The property is located at 410 Michigan St Plymouth, IN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Plymouth Building: 34,000 SF, 25 suites, multi-tenant office building.; One available space totaling 2,024 SF.; Features include street-level entrance, elevator, and private bathrooms.
    Request Owner's contact information
    410 Michigan St Plymouth, IN 46563
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    Plymouth, IN 46563
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    410 Michigan St Plymouth, IN 46563
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