200 Cook St Michigan City, IN 46360
- Land
Current Use by Public Records
- Land
Property Details for 200 Cook St
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 12,197 square foot industrial land parcel presents a remarkable investment opportunity in Michigan City, Indiana. Located at 200 Cook Street, this corner lot boasts a high-traffic count at the intersection of Highway 12 and Cook Street, offering unparalleled visibility and accessibility. Its strategic location places it directly adjacent to Burn'em Brewing and the Blue Chip Hotel & Casino, ensuring high foot traffic and potential synergy with established businesses. The property's proximity to the lakefront, the uptown arts district, and the newly constructed South Shore Double Track train station (providing express service to downtown Chicago in approximately 60 minutes) further enhances its desirability. The site is ideally suited for commercial development, and a liquor license is potentially available for a restaurant build. Michigan City's burgeoning growth and the presence of a nearby multi-million dollar mixed-use development project underscore the long-term potential of this location. This property is perfect for both buy-and-hold investors and developers seeking a prime location in a rapidly developing area. Furthermore, incentives are available through Michigan City and La Porte County to support development projects. The asking price for this unique opportunity is $247,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Michigan City
- County
- La Porte
- State
- Indiana
- Longitude
- -86.8888
- Latitude
- 41.7217
