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Michigan City, IN

Restaurants

Michigan City, IN Restaurants for Sale

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Trail Creek, IN Long Beach, IN Beverly Shores, IN La Porte, IN New Buffalo, MI Michiana, MI Westville, IN Porter, IN

11 properties

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Restaurant With Commercial Kitchen

Updated: Aug 31

Restaurant With Commercial Kitchen

600 Wabash Street, Michigan City, IN 46360

$599,000

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

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‑foot mixed‑use building on 0.1355 acres
Brick corner‑lot property at 731 Washington Street in downtown Michigan City
Residential unit with modern furnishings, stainless appliances, and abundant natural light
Restaurant space includes a commercial kitchen, indoor dining, outdoor dining, and separate office
Large deck provides additional outdoor space

Mixed-Use Property with Equipment

Mixed-Use Property with Equipment

615 In-212, Michigan City, IN 46360

$600,000

2,520 sqft 0.71 AC lot

The offering combines commercial and residential space, with furniture and equipment included in the sale.

See hot listings in Michigan City

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

Panera Bread Drive-Through Restaurant

Panera Bread Drive-Through Restaurant

5673 Franklin St, Michigan City, IN 46360

$3,209,000

4,500 sqft 1.00 AC lot

A freestanding restaurant pairs drive-through service with a new 15-year NNN lease.

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.

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.

Realmo Analytics Monitor Off-market properties and contact owners who are ready to sell. Many signals applied to make quality leads for you. Get Leads

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.

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.

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.

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.

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.

Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 11 Active listings in Michigan City, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 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.

Unique Train Car Restaurant Opportunity

Unique Train Car Restaurant Opportunity

301 Grant Ave, Chesterton, IN 46304

$450,000

6,236 sqft

Own and operate a business in four train cars!

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.

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.

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.

B-3 Highway Commercial Land

B-3 Highway Commercial Land

3886 N 950 W, Michigan City, IN 46360

$350,000

5.58 AC lot

Commercial land with public water and sewer near a signalized intersection in Michigan City.

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.

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.

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

Estimated value:

$390,000

0.82 AC lot

701 Washington St

RESTAURANT

701 Washington St, Michigan City, IN 46360-3420

Estimated value:

$265,000

1,324 sqft 0.31 AC lot

5860 Franklin St

RESTAURANT

5860 Franklin St, Michigan City, IN 46360

Estimated value:

$345,000

5,283 sqft 0.91 AC lot

2613 Us Hwy 12

RESTAURANT

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

Estimated value:

$280,000

1,224 sqft 0.88 AC lot

5809 Franklin St

RESTAURANT

5809 Franklin St, Michigan City, IN 46360-7852

Estimated value:

$355,000

3,640 sqft 2.53 AC lot

801 Franklin St

RESTAURANT

801 Franklin St, Michigan City, IN 46360-3507

Estimated value:

$245,000

2,583 sqft 0.07 AC lot

433 Dahlia St

RESTAURANT

433 Dahlia St, Michigan City, IN 46360-2104

Estimated value:

$265,000

5,325 sqft 3.25 AC lot

3956 Franklin St

RESTAURANT

3956 Franklin St, Michigan City, IN 46360-7353

Estimated value:

$390,000

6,915 sqft 1.03 AC lot

216 Us Hwy 20

RESTAURANT

216 Us Hwy 20, Michigan City, IN 46360-7371

Estimated value:

$245,000

1,950 sqft 0.76 AC lot

212 Us Hwy 20

RESTAURANT

212 Us Hwy 20, Michigan City, IN 46360-7371

Estimated value:

$240,000

1,864 sqft 0.95 AC lot

3715 Franklin St

RESTAURANT

3715 Franklin St, Michigan City, IN 46360-7310

Estimated value:

$270,000

2,190 sqft 1.26 AC lot

5300 Franklin St

RESTAURANT

5300 Franklin St, Michigan City, IN 46360-7375

Estimated value:

$350,000

5,283 sqft 0.73 AC lot

416 Us Hwy 20

RESTAURANT

416 Us Hwy 20, Michigan City, IN 46360-7363

Estimated value:

$315,000

15,464 sqft 1.61 AC lot

Michigan City, IN Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Michigan City, IN, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 75,808 square feet of properties for sale, with an estimated market value of $8,061,000.

Sale prices for restaurant properties in Michigan City, IN start at $599,000, averaging $1,151,571, and reaching up to $3,209,000 — 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

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	$860.4K

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)

How Realmo verifies these figures

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