Property profile

817 Washington St Michigan City, IN 46360

OFF-MARKET
Office Spaces
Property ID
US31-1528101
1,615 SF
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Property summary

AI-generated overview

This 1,615 sq ft Class A office building in Michigan City, Indiana, offers a single-tenant occupancy in a revitalized area. Located on Washington St, this one-story building boasts six parking spaces and is ideally suited for various office uses, including traditional, executive, medical, or creative office spaces. The property benefits from its proximity to numerous restaurants and is surrounded by exciting new developments, including a large multi-family building and a soon-to-be-constructed condo/hotel project featuring 170 luxury condos and 18 townhomes, along with additional restaurants and shopping. Michigan City's prime location, approximately 50 miles east of Chicago and 40 miles west of South Bend, offers easy access to major metropolitan areas. The city's stunning Lake Michigan waterfront, along with attractions such as Indiana Dunes National Park, Washington Park (including its zoo and lighthouse), Lighthouse Place Premium Outlets, the Barker Mansion, and the Blue Chip Casino, provide a vibrant and attractive environment for both employees and clients. The property's 1,615 square feet of vacant space presents a unique opportunity for businesses seeking a well-located, modern office space in a rapidly growing community within LaPorte County. The building's Class A designation reflects its high-quality construction and amenities. This is a rare opportunity to establish a presence in a thriving area with significant potential for growth and success.

Property profile

Verified
Property type Office Spaces
Total area 1,615 SF
UPID US31-1528101

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Dental Office

Location

817 Washington St Michigan City, IN 46360
Michigan City metro
Google Maps

Value estimations

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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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