3072 Ohio St Michigan City, IN 46360
- Retail properties
- 1 SF
- 0.79 lot acres
Current Use by Public Records
- Retail properties
Property Details for 3072 Ohio St
- Lot size
- 0.79 lot acres
- Property size
- 1 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional 0.79-acre storefront property at 3072 Ohio St, Michigan City, Indiana, presents a unique investment opportunity. Priced at $170,000, this B-2 zoned lot boasts 115 feet of frontage along Ohio Street, offering excellent visibility and accessibility. The property's location provides significant advantages, situated near US 20 and just 1.5 miles north of the interchange of I-94 and US-421, ensuring convenient access for customers and employees. Its proximity to the Chicago Loop (under 60 miles southeast) and South Bend (40 minutes west) further enhances its appeal. The wooded lot offers significant potential for development, and its location within the Michigan City Economic Development Corporation's Mall and Office Tower Property Redevelopment Project suggests future growth in the area. The property's B-2 zoning allows for a variety of commercial uses, and there's the added benefit of potential expansion
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
- LaPorte
- State
- Indiana
- Longitude
- -86.9032
- Latitude
- 41.6822
