Michigan City Industrial Building
For Sale
Contact for pricing
332 US-20, Michigan City, IN 46360
Two properties available: industrial building and restaurant on US-20.
Property Size38,190 SF
Lot Size2.00 Acres
Price / SF$29.46
Days on Market1242
Property Features for 332 US-20
General Information
Standard status
Active
Size
38,190 SF
Class
C
Lot size
2.00 Acres
Property subtype
Industrial
Zoning
B2
Building Details
Year Built
1965
Buildings
1
Stories
1
Listing Agency:
NAI Cressy - Mishawaka
(574) 271-4060
Listed By:
Roy Roelke · License #IN RB14051091
Source:
Crexi
Added: Mar 29, 2023
Changed: Aug 11
Last Checked: Aug 21 at 8:59AM
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 - Mishawaka
Investment Insights
Based on property information with market context.
This portfolio features two properties, the first being a 38,190 SF industrial building situated on over 2 acres in Michigan City. The building includes overhead doors and benefits from municipal water and sewer services. A billboard on the premises provides additional annual income. The site is located adjacent to Dunes Plaza Shopping Mall, which hosts tenants such as Pet Smart, TJ Maxx, Dollar General, Ross, and Five Below. The location offers excellent visibility and is a few minutes from Franklin Street, with a traffic count exceeding 19,000 vehicles daily. Zoned B-2 General Commercial District, the property allows for uses such as restaurants, retail, and hotels. Ample parking is available, with 45,700 SF of paved parking. The second property is a restaurant on 2.3 acres. Located on E. Michigan Blvd. (US 20) in Michigan City, IN, the restaurant experiences an average daily traffic count of over 13,000 vehicles per day. The property is conveniently located near Michigan City’s waterfront and beaches, the City of LaPorte, and the beach towns along Lake Michigan. The surrounding area includes local and national retailers, commercial businesses, and residential neighborhoods. It is located 0.5 mile from US 421 and Franklin St. into downtown Michigan City, and 2 miles from I-94. The properties can be purchased separately or together.
Key Highlights
- Excellent location on US Hwy 20 in Michigan City with high traffic counts (19,000+ vehicles daily).
- Zoned B‑2 General Commercial District allowing for restaurant, retail, and hotel uses.
- Ample parking with 45,700 SF of paved area.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
552
Businesses Nearby
Balanced
Demand for This Use
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
Market
Vacancy Rate% for Industrial in Midwest region
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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 - Two properties available: industrial building and restaurant on US-20.
Where is this warehouse located?
The property is located at 332 US-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: Excellent location on US Hwy 20 in Michigan City with high traffic counts (19,000+ vehicles daily).; Zoned B‑2 General Commercial District allowing for restaurant, retail, and hotel uses.; Ample parking with 45,700 SF of paved area.
