1111 Us-20 Michigan City, IN 46360
- Warehouses
- 34,754 SF
- 10.00 lot acres
Current Use by Public Records
- Warehouses
Property Details for 1111 Us-20
- Lot size
- 10.00 lot acres
- Property size
- 34,754 SF
- Property type
- Warehouses
- Property subtype
- Industrial properties
Description
This exceptional 10-acre industrial property in Michigan City, Indiana, presents a unique investment opportunity. The site boasts three strategically interconnected buildings totaling 34,754 square feet, offering versatile space for distribution, manufacturing, or warehousing. Building 1, a 18,404 sq ft steel-frame structure built in 1985, features 12 truck doors (7 east, 5 west with 5 drive-through bays) and 9 exterior electrical hookups. It also includes training and sleeping quarters. Building 2 (8,358 sq ft), constructed in 1998, is a brick building housing office, dispatch, training, and sleeping areas, complete with a backup generator. Landscaping includes a pond and picnic area. Building 3 (7,488 sq ft), built in 2006, is a wood-frame structure with heated and unheated areas for tarp repair and storage, and two drive-in truck doors. All buildings are connected via underground conduit and fiber optics. The property includes an on-site industrial sanitary sewer storage system. The asking price is $2,000,000 ($57.55/sq ft). The property is conveniently located on US Highway 20, offering easy access to US 421, I-94, and the Indiana Toll Road (I-80/90). Abundant retail and restaurants are within a 2-mile radius. The 2023/2024 real estate taxes totaled $13,319.98. The property's APN is 46-05-06-400-007.000-046. This well-maintained property is currently vacant and ready for immediate occupancy. The property is located in Unincorporated Coolspring Township, but has a Michigan City address and zip code of 46360.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Michigan City
- County
- LaPorte
- State
- Indiana
- Longitude
- -86.9188
- Latitude
- 41.6825
