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    Michigan City, IN
    Medical Premises

    Michigan City, IN Medical Office Space for Sale

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    Trail Creek, IN Long Beach, IN Beverly Shores, IN Chesterton, IN La Porte, IN New Buffalo, MI Michiana, MI Westville, IN
    Modern Commercial Space on 4.5 Acres
    Updated: Sep 25, 2024
    Modern Commercial Space on 4.5 Acres

    9856 W 400 N, Michigan City, IN 46360

    $899,900
    3,069 sqft 4.35 AC lot
    Prime location with high visibility near Highway 421 and I‑94, providing easy access to Chicago and Northwest Indiana.
    Flexible space suitable for various professional uses, including medical, dental, veterinary, or banking.
    Functional layout featuring multiple patient rooms, a large lobby, lab, and break room.
    Ample room for future expansion on just under 4.5 acres.
    20+ parking spaces available.
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    This listing looks promising.

    Here's a quick look at some key insights for

    9856 W 400 N, Michigan City, IN 46360

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    • Est. Cap Rate

      6.6%
      Above avg (5.9%)

    • Est. NOI

      $60K
      Annual

    • Price @ 7% Cap

      $853K
      Suggested

    • Property Type

      Medical Building
      Built 1998
    View Property Analytics
    Two-Unit Medical Office Building
    Updated: Mar 27
    Two-Unit Medical Office Building

    1200 S Woodland Avenue, Michigan City, IN 46360

    Contact for pricing
    2,512 sqft
    Two‑unit commercial office building built in 1987, currently medical/office space
    Fully leased with gross rent of $36,000 annually
    Busy corner location with 17 on‑site parking spaces
    Zoned B2
    View details
    Based on your search, we've compiled 45 Potential Opportunities for your consideration. Besides 2 Active listings in Michigan City, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 35 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Medical Office Building with Exam Rooms
    Medical Office Building with Exam Rooms

    5424 E Us Highway 20, Rolling Prairie, IN 46371

    $285,000
    2,244 sqft 0.50 AC lot

    Versatile office with multiple exam rooms, conference space, and ample parking on a major highway corridor.

    View details
    All-Brick Medical Office Building
    All-Brick Medical Office Building

    414 Lincolnway, La Porte, IN 46350

    $295,000
    1,653 sqft 0.23 AC lot

    All-brick office building with six offices, reception, and waiting area, plus ample front parking.

    View details
    Highway Frontage Commercial Building For Sale
    Highway Frontage Commercial Building For Sale

    5424 E Us Highway 20, Rolling Prairie, IN 46371

    $285,000
    2,244 sqft

    Versatile commercial building on US Highway 20 in Rolling Prairie.

    View details
    Former Northwest Health Occupational Building
    Former Northwest Health Occupational Building

    Boyd Blvd 311, La Porte, IN

    Contact for pricing
    1.31 AC lot

    13,049 SF building suitable for various uses.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Commercial Land Near I-94
    Commercial Land Near I-94

    3886 N 950 W, Michigan City, IN 46360

    $350,000
    5.58 AC lot

    5.38 acres of commercial land in Michigan City, Indiana.

    View details
    Valparaiso, IN Commercial Land
    Valparaiso, IN Commercial Land

    2500 Cumberland Drive, Valparaiso, IN 46383

    $227,383
    1.00 AC lot

    One-acre commercial lot in a premium, fully developed location.

    View details
    Valparaiso Land Parcel For Sale
    Valparaiso Land Parcel For Sale

    2601 Leonard Dr, Valparaiso, IN 46383

    $395,000
    4.00 AC lot

    4-acre Valparaiso land parcel suitable for medical or assembly.

    View details
    Valparaiso Commercial Land For Sale
    Valparaiso Commercial Land For Sale

    1465 Clark Road, Valparaiso, IN 46385

    $284,900
    1.23 AC lot

    Commercial land on State Highway 2, near Highway 30.

    View details

    Off-Market Properties in Michigan City, IN

    Consider similar Off-Market properties in Michigan City, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    1232 Michigan Blvd
    MEDICAL BUILDING

    1232 Michigan Blvd, Michigan City, IN 46360-4856

    Value Estimation by Request
    2,658 sqft 0.15 AC lot
    View details
    9856 400th N
    MEDICAL BUILDING

    9856 400th N, Michigan City, IN 46360-2910

    Value Estimation by Request
    3,069 sqft 4.35 AC lot
    View details
    7002 Johnson Rd
    MEDICAL BUILDING

    7002 Johnson Rd, Michigan City, IN 46360-2929

    Value Estimation by Request
    4,041 sqft 1.11 AC lot
    View details
    1225 Coolspring Ave
    MEDICAL BUILDING

    1225 Coolspring Ave, Michigan City, IN 46360-6312

    $1,265,000
    Estimated value
    60,732 sqft 4.66 AC lot
    View details
    3777 Frontage Rd
    MEDICAL BUILDING

    3777 Frontage Rd, Michigan City, IN 46360-7695

    $3,685,000
    Estimated value
    37,524 sqft 4.11 AC lot
    View details
    312 Us Hwy 20
    MEDICAL BUILDING

    312 Us Hwy 20, Michigan City, IN 46360-7368

    $765,000
    Estimated value
    11,900 sqft 1.85 AC lot
    View details
    3723 Franklin St
    MEDICAL BUILDING

    3723 Franklin St, Michigan City, IN 46360-7310

    Value Estimation by Request
    14,132 sqft 1.06 AC lot
    View details
    Woodland Ave
    MEDICAL BUILDING

    Woodland Ave, Michigan City, IN 46360

    Value Estimation by Request
    0.16 AC lot
    View details
    Ww 400th Nn
    MEDICAL BUILDING

    Ww 400th Nn, Michigan City, IN 46360

    Value Estimation by Request
    8,442 sqft 1.05 AC lot
    View details
    8955 400th N
    MEDICAL BUILDING

    8955 400th N, Michigan City, IN 46360-9330

    $950,000
    Estimated value
    22,106 sqft 3.59 AC lot
    View details
    5408 Johnson Rd
    MEDICAL BUILDING

    5408 Johnson Rd, Michigan City, IN 46360-9376

    Value Estimation by Request
    1,642 sqft 2.02 AC lot
    View details
    10282 400th N
    MEDICAL BUILDING

    10282 400th N, Michigan City, IN 46360-9470

    Value Estimation by Request
    4,175 sqft 1.00 AC lot
    View details
    3012 Franklin St
    MEDICAL BUILDING

    3012 Franklin St, Michigan City, IN 46360-6144

    Value Estimation by Request
    4,176 sqft 0.47 AC lot
    View details
    710 Franklin St
    MEDICAL BUILDING

    710 Franklin St, Michigan City, IN 46360-3563

    Value Estimation by Request
    22,274 sqft 0.16 AC lot
    View details
    1028 Karwick Rd
    MEDICAL BUILDING

    1028 Karwick Rd, Michigan City, IN 46360-1505

    Value Estimation by Request
    2,445 sqft 0.48 AC lot
    View details
    3727 Frontage Rd
    MEDICAL BUILDING

    3727 Frontage Rd, Michigan City, IN 46360-7678

    $505,000
    Estimated value
    7,486 sqft 2.23 AC lot
    View details
    10176 400th N
    MEDICAL BUILDING

    10176 400th N, Michigan City, IN 46360-9008

    Value Estimation by Request
    11,365 sqft 0.97 AC lot
    View details
    1200 Woodland Ave
    MEDICAL BUILDING

    1200 Woodland Ave, Michigan City, IN 46360-7383

    Value Estimation by Request
    2,512 sqft 0.67 AC lot
    View details
    8807 400th N
    MEDICAL BUILDING

    8807 400th N, Michigan City, IN 46360-9371

    Value Estimation by Request
    5,784 sqft 1.00 AC lot
    View details
    8865 400th N
    MEDICAL BUILDING

    8865 400th N, Michigan City, IN 46360-9222

    $760,000
    Estimated value
    20,414 sqft 3.32 AC lot
    View details
    4212 Michigan Blvd
    MEDICAL BUILDING

    4212 Michigan Blvd, Michigan City, IN 46360-3131

    Value Estimation by Request
    3,804 sqft 0.58 AC lot
    View details
    8733 400th N
    MEDICAL BUILDING

    8733 400th N, Michigan City, IN 46360-9330

    $840,000
    Estimated value
    18,912 sqft 13.00 AC lot
    View details

    Michigan City, IN Medical Office Space Market Trends and Statistics

    Explore 37 medical office space for sale in Michigan City, IN on our real estate platform. These investment opportunities span a total of 5,581 square feet of properties for sale, with an estimated market value of $899,900.

    Sale prices for medical spaces in Michigan City, IN average $899,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Office buildings 7
    Office Units 5
    Medical Office Space 2

    Demographics Overview

    Population 44K
    Population Growth (5Y) +0.7%
    Median Household Income $59,641
    College Educated 15.5%

    High-Yield Neighborhoods for Investment

    Identify Michigan City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46360 $899.9K

    Taxes & Financing

    Tax Rate (average for all types) 2.64%
    Property Tax per SF $45.66 per SF
    Tax Rate vs County Average 0.23 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in LaPorte County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in LaPorte County

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