3940 Franklin St Michigan City, IN 46360-7315

This exceptional 5,720 square foot restaurant property in Michigan City, Indiana, presents a compelling redevelopment or remodel opportunity. Located on a 1.2-acre lot on bustling Franklin Street, this Class B retail building boasts a prime location within a thriving retail corridor, surrounded by national tenants and conveniently situated near I-94. The single-story building currently houses a second-generation restaurant and includes a liquor license (sold separately). The property's $1,100,000 asking price translates to $192.31 per square foot. Its high-traffic location draws customers from a wide regional area, including Michigan. Nearby establishments include a newly constructed Buffalo Wild Wings and a Taco Bell. This is a rare opportunity to acquire the last available street retail pad in this highly desirable location. The property is zoned for commercial retail use and offers significant potential for a variety of restaurant concepts, particularly those suited to a drive-through configuration. This is a unique chance to capitalize on a strong location and high demand in a growing market.