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    Michigan City, IN Motels for Sale

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    Trail Creek, IN Long Beach, IN Beverly Shores, IN
    Highway 20 Commercial Land Opportunity
    $1,450,000
    3.50 Acres
    Highway 20 Commercial Land Opportunity

    326 US-20, Michigan City, IN 46360

    3.5-acre commercial lot with existing vacant motel building.
    • 3. 5‑acre commercial lot on Highway 20, a highly desirable location in Michigan City.
    • Existing vacant motel building presents renovation or redevelopment opportunities.
    • Environmental study and stake survey already completed.
    • Seller is open to leasing the motel or the ground.
    • Billboard on‑site generates monthly income.
    Updated: Jul 31, 2024
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    Based on your search, we've compiled 32 Potential Opportunities for your consideration. Besides 1 Active listings in Michigan City, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 23 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.

    Chicago Motel Near Cottage Grove
    $2,450,000
    12,000 SF
    Chicago Motel Near Cottage Grove

    37-room motel in Greater Grand Crossing community for sale.

    9112 S Cottage Grove Avenue, Chicago, IL 60619

    View details
    Chicago Motel with Restaurant Building
    $2,300,000
    18,000 SF
    Chicago Motel with Restaurant Building

    34-room motel with separate restaurant in Chatham neighborhood.

    7621 S Cottage Grove Avenue, Chicago, IL 60619

    View details
    Prime Commercial Parcel in Bridgman
    $114,000
    1.11 Acres
    Prime Commercial Parcel in Bridgman

    One-acre commercial land with high visibility and access.

    10067 Red Arrow Highway, Bridgman, MI 49106

    View details
    Prime Commercial Parcel in Bridgman
    $119,000
    1.00 Acre
    Prime Commercial Parcel in Bridgman

    One-acre commercial land with high visibility and access.

    10067 Red Arrow Hwy, Bridgman, MI 49106

    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.

    Highway Exit Commercial Land
    $300,000
    2.75 Acres
    Highway Exit Commercial Land

    Prime land with high visibility near resort community.

    Blue Star Highway lot: 2, Saugatuck, MI 49453

    View details
    Commercial Land on Adrian Highway
    $299,900
    3.43 Acres
    Commercial Land on Adrian Highway

    Commercial Highway Zoned lot with high traffic counts on M-52.

    3264 N Adrian Highway, Adrian, MI 49221

    View details
    Commercially Zoned Corner Development Land
    $2,100,000
    8.00 Acres
    Commercially Zoned Corner Development Land

    8.86-acre corner site with municipal sewer, natural gas, and 3-phase electric for motel or restaurant development.

    7900,7990,7996 N Alger Road, Alma, MI 48801

    View details
    Land on State Route 235
    $109,900
    1.76 Acres
    Land on State Route 235

    1.76-acre lot with development opportunities near Indian Lake.

    15527 State Route 235, Lakeview, OH 43331

    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.

    3944 Franklin St
    HOTEL/MOTEL
    10,938 SF Lot: 1.22 Acres
    Value Estimation by Request

    3944 Franklin St, Michigan City, IN 46360-7315

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    3948 Franklin St
    HOTEL/MOTEL
    4,056 SF Lot: 0.74 Acres
    Value Estimation by Request

    3948 Franklin St, Michigan City, IN 46360-7315

    View details
    326 Us Hwy 20
    HOTEL/MOTEL
    8,098 SF Lot: 3.50 Acres

    326 Us Hwy 20, Michigan City, IN 46360-7361

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    3801 Frontage Rd
    HOTEL/MOTEL
    21,088 SF Lot: 1.64 Acres
    Value Estimation by Request

    3801 Frontage Rd, Michigan City, IN 46360-0022

    View details
    5724 Franklin St
    HOTEL/MOTEL
    17,964 SF Lot: 1.08 Acres
    Value Estimation by Request

    5724 Franklin St, Michigan City, IN 46360-7844

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    201 Kieffer Rd
    HOTEL/MOTEL
    6,912 SF Lot: 3.42 Acres
    Value Estimation by Request

    201 Kieffer Rd, Michigan City, IN 46360-9277

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    3934 Frontage Rd
    HOTEL/MOTEL
    15,114 SF Lot: 0.90 Acres
    Estimated value
    $760,000

    3934 Frontage Rd, Michigan City, IN 46360-9264

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    110 Kieffer Rd
    HOTEL/MOTEL
    24,384 SF Lot: 2.26 Acres
    Estimated value
    $2,100,000

    110 Kieffer Rd, Michigan City, IN 46360-9276

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    401 Kieffer Rd
    HOTEL/MOTEL
    58,932 SF Lot: 3.25 Acres
    Estimated value
    $2,900,000

    401 Kieffer Rd, Michigan City, IN 46360-9579

    View details
    5727 600th W
    HOTEL/MOTEL
    16,575 SF Lot: 28.97 Acres
    Value Estimation by Request

    5727 600th W, Michigan City, IN 46360-9113

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    4411 Us Hwy 12
    HOTEL/MOTEL
    12,391 SF Lot: 3.60 Acres
    Value Estimation by Request

    4411 Us Hwy 12, Michigan City, IN 46360-1944

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    3651 Dunes Hwy
    HOTEL/MOTEL
    8,324 SF Lot: 0.36 Acres
    Value Estimation by Request

    3651 Dunes Hwy, Michigan City, IN 46360-6719

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    4128 Franklin St
    HOTEL/MOTEL
    45,600 SF Lot: 3.63 Acres
    Estimated value
    $815,000

    4128 Franklin St, Michigan City, IN 46360-7804

    View details
    5820 Franklin St
    HOTEL/MOTEL
    110,074 SF Lot: 2.88 Acres
    Estimated value
    $1,350,000

    5820 Franklin St, Michigan City, IN 46360-7843

    View details
    9834 400th N
    HOTEL/MOTEL
    31,130 SF Lot: 1.56 Acres
    Estimated value
    $1,560,000

    9834 400th N, Michigan City, IN 46360-2910

    View details
    3674 Frontage Rd
    HOTEL/MOTEL
    57,102 SF Lot: 2.78 Acres
    Estimated value
    $2,725,000

    3674 Frontage Rd, Michigan City, IN 46360-0024

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    3221 Dunes Hwy
    HOTEL/MOTEL
    1,820 SF Lot: 0.17 Acres
    Value Estimation by Request

    3221 Dunes Hwy, Michigan City, IN 46360-6711

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    3221 Dunes Hwy
    HOTEL/MOTEL
    7,432 SF Lot: 0.62 Acres
    Value Estimation by Request

    3221 Dunes Hwy, Michigan City, IN 46360-6711

    View details
    3805 Frontage Rd
    HOTEL/MOTEL
    31,512 SF Lot: 1.12 Acres
    Estimated value
    $810,000

    3805 Frontage Rd, Michigan City, IN 46360-0022

    View details
    1630 Maple St
    HOTEL/MOTEL
    7,546 SF Lot: 1.19 Acres
    Value Estimation by Request

    1630 Maple St, Michigan City, IN 46360-6622

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    1200 Mallard Dr
    HOTEL/MOTEL
    4,280 SF Lot: 9.92 Acres
    Value Estimation by Request

    1200 Mallard Dr, Michigan City, IN 46360-7781

    View details
    777 Blue Chip Dr
    HOTEL/MOTEL
    920,913 SF Lot: 34.37 Acres
    Estimated value
    $40,530,000

    777 Blue Chip Dr, Michigan City, IN 46360-2422

    View details
    510 2nd St
    HOTEL/MOTEL
    5,040 SF Lot: 0.20 Acres
    Value Estimation by Request

    510 2nd St, Michigan City, IN 46360-3212

    View details

    Michigan City, IN Motels Market Trends and Statistics

    Explore 24 motels for sale in Michigan City, IN on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $1,450,000.

    Sale prices for motels in Michigan City, IN start at $1,450,000, averaging $1,450,000, and reaching up to $1,450,000 — 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

    Motels 2
    Hotels 1

    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 $1.5M

    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

    Office

    Property Size Breakdown

    The majority of commercial real estate listings in Michigan City fall within the 10,000 to 25,000 square foot range.

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