402 Royal Rd Michigan City, IN 46360-2769
This expansive industrial property, located at 402 Royal Road in Michigan City, Indiana, offers 400,827 square feet of versatile space ideal for manufacturing, warehousing, distribution, or flex operations. Currently entirely vacant, this multi-tenant building boasts 4 suites, with a minimum divisible space of 50,000 square feet and the potential to lease the entire 400,827 square feet contiguously. Built in 1960 and situated on a substantial 67.35 acres, the property features a 16-foot ceiling height, ample loading capabilities with 17 loading docks and 4 drive-ins, and extensive parking with 250 spaces. The property benefits from robust power infrastructure, including 480v, 3-phase, 8,000 amps service. Zoned M-1 (Light Industrial), this location offers convenient access and is further enhanced by 11,259 square feet of covered exterior storage. Planned renovations are scheduled for the second quarter of 2023. The property's APN is 46-01-26-400-008.000-022, and it is located in LaPorte County, Indiana, zip code 46360. This is a rare opportunity to secure a significant industrial footprint in a prime location.
Cap rate
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AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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