100 Anchor Rd Michigan City, IN 46360
For Lease
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This exceptional 62,045-square-foot multi-use building at 100 Anchor Road, Michigan City, Indiana, presents a unique investment opportunity. Situated on 4.41 acres in the Industrial Park submarket, this two-story structure boasts a diverse range of spaces suitable for warehouse, distribution, flex, coworking, manufacturing, traditional office, creative office, and executive office uses. Currently, 13,000 square feet is available for lease, with individual spaces ranging from 100 to 18,518 square feet. The building features 18-foot ceilings, providing ample vertical space, and includes four dock-high doors and three drive-in doors for efficient loading and unloading. Ample parking is provided with 103 spaces. The property benefits from robust power capabilities, including 750 KVA 277-480V, 3-phase heavy power. Built in 1975, the building is zoned for Light Industrial use and is conveniently located near Freyer Road. While elevators are not present, the building's layout and features are designed to accommodate a variety of business needs. This property offers a compelling blend of functionality and location, making it an ideal choice for businesses seeking versatile and well-equipped industrial space in a thriving submarket. The property is zoned for Light Industrial use.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.