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860 Michigan St New Carlisle, IN 46552

For Sale
$789,900

Prime Commercial Land, High Traffic Area

Description

Added:
Dec 11, 2024
Days on Market:
368
This exceptional 10.05-acre commercial land parcel presents a remarkable investment opportunity in New Carlisle, Indiana. Strategically located on West Michigan Street (US 20) and County Line Road, this property boasts high visibility and significant traffic volume, benefiting from its position on a major commercial corridor connecting St. Joseph and LaPorte Counties. The site offers excellent frontage on both roadways and includes a pre-existing curb cut. The property's LB-Local Business zoning allows for a diverse range of commercial uses, including retail, restaurants, hospitality, automotive sales and service, banking, healthcare, and more. This versatile zoning makes it ideal for various development projects. The area is experiencing significant growth, with two large industrial companies soon to bring over 4,000 new jobs to New Carlisle. The property's proximity to established businesses like Phillips 66, Dollar General, 1st Source Bank, and CVS Pharmacy further enhances its appeal. Its location near railway lines, major electric lines, and the Kankakee Aquifer System provides excellent infrastructure access. The asking price for the entire 10.05 acres is $789,900; however, individual parcels are also available for purchase. Parcel C (1.16 acres) is priced at $271,870, Parcel D (1.5 acres) at $150,000, and Parcel E (2 acres) at $150,000. Contact us for pricing on the remaining parcels. This is a rare opportunity to acquire a substantial commercial property in a thriving Indiana community. The APN is 71-01-34-151-008.000-018.

Property Features for 860 Michigan St

General Information

Property type
Land
Lot Size
437,778 SF

HighLights

  • $789,900 asking price for 10.05 acres of commercial land.
  • Located at 860 W Michigan St, New Carlisle, IN 46552 (APN: 71‑01‑34‑151‑008.000‑018).
  • LB‑Local Business zoning allows diverse commercial uses including retail, restaurants, and more.
  • High‑traffic location on US 20, near major employers and amenities.
  • Property is divisible into five parcels with varying sizes and prices; some parcels are priced individually, others require contacting the broker for pricing.
Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

Location Insight

  • Map
  • Local Demand
City
New Carlisle
County
St Joseph
State
Indiana
Longitude
-86.5247679
Latitude
41.7032161

FAQs

What type of property is this?
Land - Prime Commercial Land, High Traffic Area
Where is this land located?
The property is located at 860 Michigan St New Carlisle, IN.
What is the asking price?
The asking price for this property is $789,900.
What are key features of this property?
This property features: $789,900 asking price for 10.05 acres of commercial land.; Located at 860 W Michigan St, New Carlisle, IN 46552 (APN: 71-01-34-151-008.000-018).; LB-Local Business zoning allows diverse commercial uses including retail, restaurants, and more.
More about this property
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