806 Us-20 Michigan City, IN 46360
- Retail properties
- 22,000 SF
- 2.50 lot acres
Current Use by Public Records
- Retail properties
Property Details for 806 Us-20
- Year built
- 1959
- Lot size
- 2.50 lot acres
- Property size
- 22,000 SF
- Property type
- Retail properties
Description
This exceptional 22,000-square-foot retail flex space, situated on a 2.5-acre lot in Michigan City, Indiana's desirable NWI submarket, presents a unique investment opportunity. The single-story, Class B building, constructed in 1959 and extensively renovated in 2022, offers flexible layouts to suit diverse business needs. Units range from a minimum of 2,000 square feet to a maximum contiguous space of 22,000 square feet, accommodating multiple tenants or a single large occupant. The property boasts a convenient location near Franklin and downtown Michigan City, benefiting from high daily traffic counts exceeding 15,000 vehicles. Features include ample on-site parking (100 spaces), a 400-amp power supply, and a well-designed layout combining retail and warehouse space. The retail area comprises a boardroom, two offices, three bathrooms, and an employee lunchroom. The warehouse section features 12-18-foot high ceilings and two roll-up doors (one 10ft x 16ft, one 8ft tall), plus air conditioning in both areas. The property is zoned B-2 and has an APN of 46-05-08-100-007.000-009, with Ohio Street as a cross street. Currently, one 2,000 square foot space is immediately available. This property offers a blend of modern amenities and a prime location, making it ideal for a variety of businesses.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Michigan City
- County
- Laporte
- State
- Indiana
- Longitude
- -86.9115
- Latitude
- 41.6804
