55510 Franklin St Michigan City, IN 46360
- Retail properties
- 16,635 SF
Current Use by Public Records
- Retail properties
Property Details for 55510 Franklin St
- Property size
- 16,635 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional single-story, Class B medical office building, located at 55510 Franklin Street in Michigan City, Indiana, presents a unique investment opportunity. The property boasts a total of 16,635 square feet, with 11,760 square feet currently vacant and immediately available for lease. The building is zoned for Commercial Retail use and is ideally situated for medical practices, offering multiple suites with a minimum divisible space of 5,800 square feet and a maximum contiguous space of 11,760 square feet. Its convenient location offers unparalleled visibility and accessibility, just one minute north of I-94, providing easy access for patients and staff. The property benefits from a high-traffic location at the entrance to Walmart, surrounded by a robust retail environment including major retailers such as Meijer, Lowe's, and Menards. This strategic placement ensures high foot traffic and strong brand recognition. The building consists of one building with a total of one suite. This presents a rare chance to secure a significant presence in a thriving commercial area. The property is located in LaPorte County, Indiana, with a zip code of 46360. This is an excellent opportunity for a medical practice or other commercial tenant seeking a high-visibility location with ample space.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Michigan City
- County
- LaPorte
- State
- Indiana
- Longitude
- -86.8939
- Latitude
- 41.6882
