Property summary
Exceptional opportunity to acquire a thriving Class A bar and restaurant located at 3015 E Michigan Blvd, Trail Creek, IN 46360. This 2,304 square foot, single-story building sits on a 0.71-acre lot and boasts a full liquor license. Completely renovated in 2019, the property features a desirable location on busy Michigan Boulevard, placing it near numerous businesses, the municipal golf course, Long Beach, and within minutes of SR-20 and I-94, ensuring high visibility and convenient access. The asking price is $550,000, translating to $238.72 per square foot. This owner-user investment presents a unique chance to own a well-established business in a vibrant community. The property is zoned for commercial retail use and offers significant potential for continued success. Michigan City's diverse economy, including tourism, manufacturing, and retail, provides a strong customer base. The area is known for its attractions, such as the Old Lighthouse Museum and Washington Park, which includes a beach and recreational facilities. This turnkey operation is ready for immediate occupancy and presents a compelling investment opportunity for a discerning buyer. The property's prime location and established clientele make it an ideal acquisition for an experienced restaurateur or investor seeking a profitable venture in a thriving market. Don't miss this chance to own a piece of Michigan City's vibrant culinary scene.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Trail Creek market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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.
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