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    Michigan City, IN Motels for Sale

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    Highway 20 Commercial Land Opportunity
    Updated: Jul 31, 2024
    Highway 20 Commercial Land Opportunity

    326 US-20, Michigan City, IN 46360

    Contact for pricing
    3.50 AC lot
    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.
    View details
    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    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.

    Historical Motel with Monthly Rentals
    Historical Motel with Monthly Rentals

    1159 S Shore Drive, Holland, MI 49423

    $1,850,000
    6,000 sqft 0.80 AC lot

    For sale historical motel with 14 monthly rental units and nearby lake access with multiple entry points.

    View details
    Two-Story 37-Room Motel
    Two-Story 37-Room Motel

    9112 S Cottage Grove Avenue, Chicago, IL 60619

    $2,399,000
    0.42 AC lot

    Zoned B3-2 with central air in a two-story 37-room motel with main-level parking.

    View details
    Historical Motel Near Lake Macatawa
    Historical Motel Near Lake Macatawa

    1159 S Shore Drive, Holland, MI 49423

    Contact for pricing
    6,000 sqft

    Historical motel with monthly rentals near Lake Macatawa.

    View details
    2-Story 37-Room Motel
    2-Story 37-Room Motel

    9112 S Cottage Grove Avenue, Chicago, IL 60619

    Contact for pricing
    12,000 sqft 0.41 AC lot

    A 37-room, two-story exterior-corridor motel built in 1971 with main-level parking on commercial land.

    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.

    High-Visibility Highway Commercial Land
    High-Visibility Highway Commercial Land

    Blue Star Highway lot: 2, Fennville, MI 49408

    $300,000
    2.75 AC lot

    Cleared highway exit land in a C-3 district for a range of commercial and service uses.

    View details
    Commercially Zoned Corner Land
    Commercially Zoned Corner Land

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

    $2,100,000
    8.00 AC lot

    Large commercial parcel with utilities on site and strong expressway visibility for restaurant, lodging, and complementary uses.

    View details
    Commercial Land with Stream
    Commercial Land with Stream

    15527 State Route 235, Lakeview, OH 43331

    $109,900
    1.76 AC lot

    B-2-zoned parcel on State Route 235 with mature trees and a rear stream.

    View details
    Prime Corner Commercial Land Available
    Prime Corner Commercial Land Available

    7125 N LILLEY Road, Canton Twp, MI 48187

    $550,000
    0.60 AC lot

    0.60-acre vacant lot on a hard corner in Canton.

    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

    3944 Franklin St, Michigan City, IN 46360-7315

    $285,000
    Estimated value
    10,938 sqft 1.22 AC lot
    View details
    3948 Franklin St
    HOTEL/MOTEL

    3948 Franklin St, Michigan City, IN 46360-7315

    $225,000
    Estimated value
    4,056 sqft 0.74 AC lot
    View details
    326 Us Hwy 20
    HOTEL/MOTEL

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

    $255,000
    Estimated value
    8,098 sqft 3.50 AC lot
    View details
    3801 Frontage Rd
    HOTEL/MOTEL

    3801 Frontage Rd, Michigan City, IN 46360-0022

    $470,000
    Estimated value
    21,088 sqft 1.64 AC lot
    View details
    5724 Franklin St
    HOTEL/MOTEL

    5724 Franklin St, Michigan City, IN 46360-7844

    $410,000
    Estimated value
    17,964 sqft 1.08 AC lot
    View details
    201 Kieffer Rd
    HOTEL/MOTEL

    201 Kieffer Rd, Michigan City, IN 46360-9277

    $340,000
    Estimated value
    6,912 sqft 3.42 AC lot
    View details
    3934 Frontage Rd
    HOTEL/MOTEL

    3934 Frontage Rd, Michigan City, IN 46360-9264

    $765,000
    Estimated value
    15,114 sqft 0.90 AC lot
    View details
    110 Kieffer Rd
    HOTEL/MOTEL

    110 Kieffer Rd, Michigan City, IN 46360-9276

    $2,255,000
    Estimated value
    24,384 sqft 2.26 AC lot
    View details
    401 Kieffer Rd
    HOTEL/MOTEL

    401 Kieffer Rd, Michigan City, IN 46360-9579

    $2,900,000
    Estimated value
    58,932 sqft 3.25 AC lot
    View details
    5727 600th W
    HOTEL/MOTEL

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

    $350,000
    Estimated value
    16,575 sqft 28.97 AC lot
    View details
    4411 Us Hwy 12
    HOTEL/MOTEL

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

    $375,000
    Estimated value
    12,391 sqft 3.60 AC lot
    View details
    3651 Dunes Hwy
    HOTEL/MOTEL

    3651 Dunes Hwy, Michigan City, IN 46360-6719

    $250,000
    Estimated value
    8,324 sqft 0.36 AC lot
    View details
    4128 Franklin St
    HOTEL/MOTEL

    4128 Franklin St, Michigan City, IN 46360-7804

    $815,000
    Estimated value
    45,600 sqft 3.63 AC lot
    View details
    5820 Franklin St
    HOTEL/MOTEL

    5820 Franklin St, Michigan City, IN 46360-7843

    $735,000
    Estimated value
    110,074 sqft 2.88 AC lot
    View details
    9834 400th N
    HOTEL/MOTEL

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

    $1,560,000
    Estimated value
    31,130 sqft 1.56 AC lot
    View details
    3674 Frontage Rd
    HOTEL/MOTEL

    3674 Frontage Rd, Michigan City, IN 46360-0024

    $2,725,000
    Estimated value
    57,102 sqft 2.78 AC lot
    View details
    3221 Dunes Hwy
    HOTEL/MOTEL

    3221 Dunes Hwy, Michigan City, IN 46360-6711

    $160,000
    Estimated value
    1,820 sqft 0.17 AC lot
    View details
    3221 Dunes Hwy
    HOTEL/MOTEL

    3221 Dunes Hwy, Michigan City, IN 46360-6711

    $215,000
    Estimated value
    7,432 sqft 0.62 AC lot
    View details
    3805 Frontage Rd
    HOTEL/MOTEL

    3805 Frontage Rd, Michigan City, IN 46360-0022

    $810,000
    Estimated value
    31,512 sqft 1.12 AC lot
    View details
    1630 Maple St
    HOTEL/MOTEL

    1630 Maple St, Michigan City, IN 46360-6622

    $215,000
    Estimated value
    7,546 sqft 1.19 AC lot
    View details
    1200 Mallard Dr
    HOTEL/MOTEL

    1200 Mallard Dr, Michigan City, IN 46360-7781

    $285,000
    Estimated value
    4,280 sqft 9.92 AC lot
    View details
    777 Blue Chip Dr
    HOTEL/MOTEL

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

    $40,530,000
    Estimated value
    920,913 sqft 34.37 AC lot
    View details
    510 2nd St
    HOTEL/MOTEL

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

    $245,000
    Estimated value
    5,040 sqft 0.20 AC lot
    View details

    Michigan City, IN Motels Market Trends and Statistics

    Explore 24 motels for sale in Michigan City, IN on our real estate platform.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Motels 1

    Demographics Overview

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

    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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