Individually Owned Property summary
This exceptional opportunity presents the chance to acquire the highly successful Bubbles Ice Cream Parlor, a beloved Michigan City establishment since 2003. Located at 115 W Coolspring Ave, this family-owned business boasts a loyal customer base and prime location in LaPorte County's Neighborhood Commercial District (B-1 zoning). The 1,280 square foot, single-story building sits on an 18,150 square foot lot and includes 22 parking spaces. The asking price is $1,200,000, translating to… $937.50 per square foot for the building and $936 per square foot for the land. The sale includes all furniture, fixtures, point-of-sale systems, and security cameras, offering a truly turnkey operation. The current owner is willing to provide training to ensure a smooth transition. Bubbles Ice Cream Parlor is consistently rated highly by satisfied customers and enjoys a reputation as the #1 dessert destination in LaPorte County, making this a rare opportunity to own a thriving, established business with significant potential for continued growth. This is a remarkable chance to own a well-established, profitable business in a desirable location. The property's Class D designation reflects its age and condition.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 17 properties nearbyComparable nearby
Similar Nearby for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 1,281 SF
- Lot area
- 0.42 ac
- Year built
- 2003
- Stories
- 1
- APN
- 46-01-32-484-010.000-022
- Assessed value · 2023
- $138,700
- Annual tax · 2023
- $4,197
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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