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    1 Cadence Plz Michigan City, IN 46360

    For Lease
    $18 SF/Yr

    Downtown Michigan City Office Suites

    Lot size:
    14,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    Cadence Plaza, a 14,600 square foot, two-story office building in Michigan City, Indiana, offers flexible coworking space. This 1.6-acre property, built in 1987, features 30 suites, ranging from 150 to 7,000 contiguous square feet, perfect for businesses of all sizes. The building boasts 80 parking spaces, ensuring ample convenience for employees and clients. Modern amenities include high-speed internet (Ethernet and Wi-Fi), updated appliances, and secure pinpad/key access. Seven restrooms and two kitchens are conveniently located throughout the building. Office furniture is available for lease. Located in the heart of downtown Michigan City (zip code 46360), this property benefits from a central location and is zoned for Downtown Core use. The building's adaptable layouts cater to diverse business needs, from individual offices to larger, single-tenant spaces. This is an exceptional opportunity for businesses seeking a thriving, well-equipped workspace in a prime location.

    Property Features for 1 Cadence Plz

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    14,600 SF
    Total Rate
    21900

    Building Details

    Year Built
    1987
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Lower Level
    Size
    7,000 SF
    Rate per SF
    $18
    Space
    Suite 31
    Size
    144 SF
    Rate per SF
    $18

    HighLights

    • 14,600 square foot, two‑story office building in Michigan City, IN.
    • 30 suites ranging from 150 to 7,000 contiguous square feet.
    • 80 parking spaces.
    • High‑speed internet, updated appliances, and secure access.
    • Seven restrooms and two kitchens.
    • Office furniture available for lease.
    Property Profile Location Intelligence

    Current Use by Public Records

    Coworking space

    Map

    City
    Michigan City
    County
    Laporte
    State
    Indiana
    Longitude
    -86.89927347248
    Latitude
    41.718673955956

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    FAQs

    What type of property is this?
    Coworking space - Downtown Michigan City Office Suites
    Where is this coworking space located?
    The property is located at 1 Cadence Plz Michigan City, IN.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 14,600 square foot, two-story office building in Michigan City, IN.; 30 suites ranging from 150 to 7,000 contiguous square feet.; 80 parking spaces.
    Request Owner's contact information
    1 Cadence Plz Michigan City, IN 46360
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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
    1 Cadence Plz Michigan City, IN 46360
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