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    Michigan City, IN
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    Michigan City, IN Restaurants for Sale

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    16 properties
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    Restaurant With Commercial Kitchen
    Updated: Aug 31
    Restaurant With Commercial Kitchen

    600 Wabash Street, Michigan City, IN 46360

    $649,000
    2,881 sqft 0.47 AC lot
    2,881‑square‑foot restaurant facility on 0.4683 acres
    Commercial kitchen with gas ranges, hood, refrigerator, freezer, dishwasher, and electric cooktop
    Indoor and outdoor dining areas with guest facilities
    Built in 1987 with dedicated managerial office and employee amenities
    Directly across from Lighthouse Place Premium Outlets
    View details
    Brick Mixed-Use Building
    Updated: Apr 23
    Brick Mixed-Use Building

    731 Washington Street, Michigan City, IN 46360

    $639,000
    4,495 sqft 0.14 AC lot
    4,495 square feet on a 0.1355‑acre lot
    Brick building constructed in 1870
    Mixed‑use layout with residential and restaurant components
    Commercial kitchen with indoor and outdoor dining areas
    Separate office and large deck area
    View details
    Updated Restaurant with Bar
    Updated Restaurant with Bar

    615 E In-212, Michigan City, IN 46360

    $675,000
    1,712 sqft 0.71 AC lot

    Includes a separate two-bedroom home, patio, circular drive, and off-street parking.

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    See what stands out in LaPorte County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

    Cap Rate available after sign in
    NOI available after sign in
    Local Demand available after sign in
    Mixed-Use Building with Bakery Space
    Mixed-Use Building with Bakery Space

    909 Franklin St, Michigan City, IN 46360

    $1,700,000
    8,265 sqft

    Commercial space includes baking equipment, walk-in coolers, a loading dock, and a three-car garage.

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    Updated Restaurant with Separate Home
    Updated Restaurant with Separate Home

    615 E In-212, Michigan City, IN 46360

    $675,000
    1,712 sqft

    Operational restaurant with a bar, patio, licensed liquor and gaming privileges, and an included two-bedroom residence.

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    Updated Restaurant with Separate Home
    Updated Restaurant with Separate Home

    615 Indiana Highway 212, Michigan City, IN 46360

    $675,000
    1,712 sqft

    Renovated in 2025 with a bar, patio, parking area, and two-bedroom residence.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Downtown Mixed-Use Building
    Downtown Mixed-Use Building

    731 Washington St, Michigan City, IN 46360

    $639,000
    4,495 sqft

    Brick corner property combines residential space with a restaurant and commercial kitchen.

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    Restaurant Property on Franklin Street
    Restaurant Property on Franklin Street

    3940 Franklin St, Michigan City, IN 46360

    $675,000
    1.52 AC lot

    Restaurant property with frontage on Franklin Street, near Highway 20.

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    Full Service Sports Bar with Licenses
    Full Service Sports Bar with Licenses

    204 W Barker Ave, Michigan City, IN 46360

    Contact for pricing
    6,400 sqft

    Full service sports bar with 3-way liquor and gaming licenses, full kitchen, and an outdoor fenced patio.

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    Freestanding Hardee's Restaurant
    Freestanding Hardee's Restaurant

    5223 Franklin St, Michigan City, IN 46360

    Contact for pricing
    3,300 sqft 0.82 AC lot

    Built in 2019, this freestanding Hardee's restaurant operates under a long-term lease with renewal options.

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    Operating Restaurant with Outdoor Space
    Operating Restaurant with Outdoor Space

    3103 US-12, Michigan City, IN 46360

    Contact for pricing
    3,600 sqft 11.00 AC lot

    Leased restaurant property serving a beach-oriented community along US Hwy 12.

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    Conventional Restaurant with Outdoor Dining
    Conventional Restaurant with Outdoor Dining

    600 Wabash Street, Michigan City, IN 46360

    Contact for pricing

    Established restaurant property with commercial kitchen infrastructure, interior seating, and additional outdoor dining space.

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    Mixed-Use Restaurant and Bar
    Mixed-Use Restaurant and Bar

    2323-2325 Wabash Street, Michigan City, IN 46360

    $649,000

    The property combines a food-and-beverage operation, upstairs apartments, and an outdoor patio.

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    Turn Key Retail Space ForSale
    Turn Key Retail Space ForSale

    909 Franklin St, Michigan City, IN

    Contact for pricing
    2,350 sqft 0.09 AC lot

    Retail space with equipment and upper level residence for sale.

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    Michigan City Industrial Building Portfolio
    Michigan City Industrial Building Portfolio

    332 US-20, Michigan City, IN 46360

    Contact for pricing
    38,190 sqft 2.00 AC lot

    Two properties available: industrial building and restaurant on US-20.

    View details
    Corner Coffee Shop Property
    Corner Coffee Shop Property

    1717 Elston Street, Michigan City, IN 46360

    Contact for pricing

    Existing commercial space with dedicated parking and updated core building systems.

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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 16 Active listings in Michigan City, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Former Pizza Hut For Sale
    Former Pizza Hut For Sale

    75 Pine Lake Ave, La Porte, IN 46350

    $1,200,000
    1,221 sqft

    1221 SF former Pizza Hut with pick-up window.

    View details
    Drive-Thru Restaurant For Sale
    Drive-Thru Restaurant For Sale

    150 Pine Lake Avenue, La Porte, IN

    Contact for pricing
    14,015 sqft 1.20 AC lot

    15-year absolute net lease, new construction, near major highway.

    View details
    Breakfast Restaurant with Equipment
    Breakfast Restaurant with Equipment

    475 Sand Creek Dr N, Chesterton, IN 46304

    Contact for pricing
    3,126 sqft 0.95 AC lot

    Established restaurant property with dining space, a commercial kitchen, fixtures, and customer parking on site.

    View details
    Shovel Ready Development Sites
    Shovel Ready Development Sites

    Coffee Creek, Chesterton, IN 46304

    Contact for pricing

    Development sites available for retail, restaurant, office, and medical users.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    B2-Zoned Commercial Land
    B2-Zoned Commercial Land

    S Woodland Avenue, Michigan City, IN 46360

    $299,000
    17.53 AC lot

    Flat, out-of-floodplain site with public water, sewer, electric, and gas at the property.

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    Commercial Land Near I-94
    Commercial Land Near I-94

    3886 N 950 W, Michigan City, IN 46360

    $350,000
    5.58 AC lot

    5.38 acres of commercial land in Michigan City, Indiana.

    View details
    New Buffalo Development Opportunity
    New Buffalo Development Opportunity

    18550 Harbor Country Drive, New Buffalo, MI 49117

    $299,999
    2.10 AC lot

    2.1 acres suitable for gas station, restaurant, storage, or residential.

    View details
    Commercial Land with Parking
    Commercial Land with Parking

    2510 Cumberland Drive, Valparaiso, IN 46383

    $570,240
    1.99 AC lot

    General Commercial zoning, on-site water availability, parking, entry signage, and curb are already in place.

    View details

    Off-Market Properties in Michigan City, IN

    Consider similar Off-Market properties in Michigan City, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    5223 Franklin St
    RESTAURANT

    5223 Franklin St, Michigan City, IN 46360-7856

    $390,000
    Estimated value
    0.82 AC lot
    View details
    701 Washington St
    RESTAURANT

    701 Washington St, Michigan City, IN 46360-3420

    $265,000
    Estimated value
    1,324 sqft 0.31 AC lot
    View details
    5860 Franklin St
    RESTAURANT

    5860 Franklin St, Michigan City, IN 46360

    $345,000
    Estimated value
    5,283 sqft 0.91 AC lot
    View details
    2613 Us Hwy 12
    RESTAURANT

    2613 Us Hwy 12, Michigan City, IN 46360-2158

    $280,000
    Estimated value
    1,224 sqft 0.88 AC lot
    View details
    5809 Franklin St
    RESTAURANT

    5809 Franklin St, Michigan City, IN 46360-7852

    $355,000
    Estimated value
    3,640 sqft 2.53 AC lot
    View details
    801 Franklin St
    RESTAURANT

    801 Franklin St, Michigan City, IN 46360-3507

    $245,000
    Estimated value
    2,583 sqft 0.07 AC lot
    View details
    433 Dahlia St
    RESTAURANT

    433 Dahlia St, Michigan City, IN 46360-2104

    $265,000
    Estimated value
    5,325 sqft 3.25 AC lot
    View details
    3956 Franklin St
    RESTAURANT

    3956 Franklin St, Michigan City, IN 46360-7353

    $390,000
    Estimated value
    6,915 sqft 1.03 AC lot
    View details

    Michigan City, IN Restaurants Market Trends and Statistics

    Explore 72 restaurants for sale in Michigan City, IN, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 79,112 square feet of properties for sale, with an estimated market value of $6,976,000.

    Sale prices for restaurant properties in Michigan City, IN start at $639,000, averaging $775,111, and reaching up to $1,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 13
    Bars & Pubs 7
    Commercial kitchens 5
    Coffee shops 2
    Breakfast & diners 1

    Demographics Overview

    Population 44K
    Population Growth (5Y) +0.7%
    Median Household Income $59,641
    College Educated 15.5%

    High-Yield Neighborhoods for Investment

    Identify Michigan City submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46360 $775.1K

    Taxes & Financing

    Tax Rate (average for all types) 2.64%
    Property Tax per SF $45.66 per SF
    Tax Rate vs County Average 0.23 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in LaPorte County

    New Delisted

    Total CRE Inventory on Market (SF)

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    • 46360

    Featured Michigan City Real Estate Agencies

    Realmo connects you with licensed Michigan City CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

    Century 21 Middleton Co.
    4121 S. Franklin St Michigan City, IN 46360
    Phone: 12198742121
    www.C21Middleton.com
    d'aprile properties llc
    827 1/2 Franklin Street Michigan City, IN 46360
    Phone: 12198774014
    www.daprileproperties.com

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