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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1073 Pine St Michigan City, IN 46360

5,350 SF Built 25
Property ID
Property summary
AI-generated overview

This exceptional Class A retail opportunity, located at The Franklin at 11th Street Station in Michigan City, offers 5,350 square feet of space, divisible to a minimum of 1,200 square feet. Ideally suited for a restaurant and coffee shop, this property is part of a vibrant mixed-use development boasting 220 upscale apartments and a convenient, 565-space enclosed parking garage. Its strategic location at the intersection of Franklin and 11th Street provides excellent visibility and accessibility. The development is further enhanced by its proximity to the brand new South Shore Train Station, offering residents and patrons easy access to downtown Chicago within a 65-minute commute. The commercial zoning ensures flexibility for a variety of retail uses. This is a unique chance to establish a business within a thriving community, benefiting from high foot traffic and a strong residential base. The property's modern design and amenities create a desirable environment for both businesses and customers. The available space is highly adaptable, allowing for customization to meet specific business needs. Don't miss this chance to be part of Michigan City's premier mixed-use development.

Property profile
Verified
Property type Retail properties & Spaces
Year built 25
Total area 5,350 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • NICTD South Shore Michigan City 11th Street Commuter Parking Lot Parking Lot & Garage
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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