Property profile

432 St John Rd Michigan City, IN 46360

OFF-MARKET
Warehouses
50,600 SF 7.28 ac lot
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Property summary

AI-generated overview

This exceptional 50,600-square-foot commercial property, located at 432 St. John Rd in Michigan City, Indiana, presents a unique investment opportunity. The building, zoned B-2, offers a flexible layout ideal for a variety of industrial, retail, or showroom uses. Currently, 50,000 square feet is available for lease in a single-tenant configuration. The property boasts a substantial 7.28-acre lot, providing ample space for expansion, loading, and parking. The building's classification as both flex and warehouse space allows for diverse operational needs. Its location in Michigan City, Indiana, zip code 46360, offers convenient access to major transportation routes, enhancing logistical efficiency. The property's size and versatility make it suitable for businesses requiring significant space and flexibility. This is a rare opportunity to secure a large, well-situated commercial property in a thriving Indiana market. The property is ready for immediate occupancy, offering a significant advantage for businesses seeking a quick and efficient transition. Interested parties should inquire promptly to secure this exceptional space.

Property profile

Verified
Property type Warehouses
Total area 50,600 SF
Lot 7.28 ac (317,117 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

432 St John Rd Michigan City, IN 46360
Michigan City metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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