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Property profile & analytics

1409 Franklin St Michigan City, IN 46360

  • Commercial real estate
  • 10,049 SF
  • 0.11 lot acres
Value Estimation
Location Intelligence
Property ID
US31-2207690
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Commercial real estate

Property Details for 1409 Franklin St

Year built
1949
Construction
WOOD
Lot size
0.11 lot acres
Property size
10,049 SF
Property type
Commercial real estate
APN
46-01-32-228-014.000-022
APU
460132228014000022

Description

This exceptional 10,049 square foot retail showroom, located at 1409 Franklin Street in LaPorte County, presents a unique investment opportunity. Currently occupied by a single tenant, Rent-A-Center, the property boasts 5,049 square feet of immediately available space upon lease expiration at the end of 2024. The building, constructed in 1949, is zoned B2, offering flexibility for a variety of retail uses. The available space features a spacious showroom area, perfectly suited for showcasing products or services. In addition to the showroom, the property includes two private offices, providing ample space for administrative tasks or client meetings. A convenient bathroom is also included. The minimum divisible space is 5,049 square feet, making it ideal for a single tenant seeking a prominent location. This property represents a strong opportunity for businesses seeking high visibility and a well-established presence in a thriving LaPorte County market. The existing tenant provides a stable income stream until the lease expires, offering a seamless transition for a new occupant. This is a rare chance to acquire a well-located, versatile retail space with significant potential. The property's size and layout offer considerable adaptability for a range of retail concepts. Serious inquiries are encouraged.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Michigan City
County
Laporte
State
Indiana
Longitude
-86.8979
Latitude
41.7087
CBSA code
33140
CBSA name
MICHIGAN CITY-LA PORTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$3,153
$28,800
$75,100
$103,900
-
$28,800
$75,100
$103,900
More about this property
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