Property profile

7654 Us Hwy 20 Michigan City, IN 46360

OFF-MARKET
Strip malls
Property ID
US31-1453473
5,446 SF 2.86 ac lot Built 1960
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 7654 E US HWY 20 in Michigan City, Indiana, offers 3,648 square feet of versatile space ideal for executive offices or flexible uses. Situated in LaPorte County, this retail, office, and industrial space is currently fully vacant and ready for immediate occupancy. The property features multiple tenancy options, with individual units ranging from a minimum of 995 square feet to a maximum contiguous space of 1,513 square feet. Each unit boasts impressive 12-foot ceilings, providing ample room and a sense of spaciousness. The property's strategic location on US Highway 20 ensures high visibility and easy access for clients and employees. This is a rare opportunity to secure a well-positioned commercial space in a thriving Indiana community. The zip code is 46360. The property is available for lease and offers a unique blend of functionality and prime location, making it an attractive option for businesses seeking a modern and efficient workspace. Contact us today to learn more about leasing opportunities and explore the potential of this exceptional property.

Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1960
Construction WOOD
Total area 5,446 SF
Lot 2.86 ac (124,494 SF)
APN 46-05-02-328-003.000-046
UPID US31-1453473

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7654 Us Hwy 20 Michigan City, IN 46360-7562
Michigan City metro Census 41400 MICHIGAN CITY-LA PORTE, IN METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$300k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$300k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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