Michigan City, IN
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    Michigan City, IN Restaurants for Sale

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    Trail Creek, IN Beverly Shores, IN La Porte, IN
    9 results
    Versatile Commercial Property in Michigan City
    $1,075,000
    4,702 SF

    Versatile Commercial Property in Michigan City

    3417 Franklin Street, Michigan City, IN 46360

    4,702 SF commercial property on 0.79 acres in Michigan City.

    • High‑visibility location in a busy commercial corridor with 19,340+ VPD (2025).
    • Zoned B‑2 (General Commercial) offering exceptional versatility for adaptive reuse (retail, office, restaurant, medical, etc.).
    • Large .79‑acre lot adjacent to McDonalds and Biggby Coffee.
    • Currently configured as a tunnel car wash with newer equipment and established customer base.
    • Includes waiting area, reception/office space, and equipment for vacuum and detailing services.
    Updated: Apr 1
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    Restaurant with Income-Generating Home
    $750,000
    1,712 SF

    Restaurant with Income-Generating Home

    615 E In-212, Michigan City, IN 46360

    Turn-key restaurant with updated systems and a separate 2-bedroom home.

    • Turn‑key, fully operational restaurant with 2‑way liquor & gaming license.
    • Includes a separate 2‑bedroom home for owner occupancy or rental income.
    • Completely updated interior (renovated in 2025) with major system upgrades (plumbing, electrical, insulation, A/C & HVAC).
    • Fully equipped restaurant with bar, TVs, neon lights, ample seating, and two bathrooms.
    • Newly paved parking area, circular driveway, and inviting patio.
    Updated: Mar 19
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    High-Visibility Commercial Redevelopment Opportunity
    $1,075,000
    4,702 SF

    High-Visibility Commercial Redevelopment Opportunity

    4,702 SF property with redevelopment potential in a prime location.

    Michigan City, IN 46360
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    Prime Location Commercial Building
    $1,250,000
    3,677 SF

    Prime Location Commercial Building

    Established commercial building in Beverly Shores, near Chicago and Lake Michigan.

    2 W Dunes Hwy, Michigan City, IN 46360
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    Michigan City Sports Bar For Sale
    $999,000

    Michigan City Sports Bar For Sale

    Full-service sports bar with 3-way liquor license and gaming license.

    204 W Barker Ave, Michigan City, IN 46360
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    Restaurant Property on Franklin Street
    $799,900
    1.52 Acres

    Restaurant Property on Franklin Street

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

    3940 Franklin St, Michigan City, IN 46360
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    Michigan City Commercial Property For Sale
    $1,125,000
    3,955 SF

    Michigan City Commercial Property For Sale

    Commercial property with ample parking and highway frontage available for sale.

    402 W US Hwy 20, Michigan City, IN
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    Iconic Pizza Business Opportunity
    $50,000
    1,588 SF

    Iconic Pizza Business Opportunity

    Turnkey Roma's Pizza business for sale in Michigan City.

    2400 Franklin Street, Michigan City, IN 46360
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    Turn Key Retail Space ForSale
    $1,000,000
    2,350 SF

    Turn Key Retail Space ForSale

    Retail space with equipment and upper level residence for sale.

    909 Franklin St, Michigan City, IN
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    Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 9 Active listings in Michigan City, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 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
    $1,200,000
    1,221 SF

    Former Pizza Hut For Sale

    1221 SF former Pizza Hut with pick-up window.

    75 Pine Lake Ave, La Porte, IN 46350
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    Drive-Thru Restaurant For Sale
    $2,999,000
    14,015 SF

    Drive-Thru Restaurant For Sale

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

    150 Pine Lake Avenue, La Porte, IN
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    New Buffalo Commercial Opportunity
    $450,000
    2,450 SF

    New Buffalo Commercial Opportunity

    Restaurant and retail property in New Buffalo, Michigan for sale.

    801 W Buffalo Street, New Buffalo, MI 49117
    View details
    New Buffalo Development Opportunity
    $299,999
    2.10 Acres

    New Buffalo Development Opportunity

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

    18550 Harbor Country Drive, New Buffalo, MI 49117
    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.

    Michigan City Commercial Land Opportunity
    $299,000
    17.53 Acres

    Michigan City Commercial Land Opportunity

    17.53 acre commercial land parcel in Michigan City, Indiana.

    S Woodland Avenue, Michigan City, IN 46360
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    Commercial Land Near I-94
    $350,000
    5.58 Acres

    Commercial Land Near I-94

    5.38 acres of commercial land in Michigan City, Indiana.

    3886 N 950 W, Michigan City, IN 46360
    View details
    Michigan City Land For Sale
    $60,000
    2.00 Acres

    Michigan City Land For Sale

    Two acre parcel near I-94, restaurants, and shopping.

    W 300 N, Michigan City, IN 46360
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    Prime Commercial Land Opportunity
    $1,250,000
    3,863 SF

    Prime Commercial Land Opportunity

    8.34-acre commercial land with high visibility and utilities.

    9950 US 12, New Buffalo, MI 49117
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    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
    Lot: 0.82 Acres
    Value Estimation by Request

    5223 Franklin St, Michigan City, IN 46360-7856

    View details
    701 Washington St
    RESTAURANT
    1,324 SF Lot: 0.31 Acres
    Value Estimation by Request

    701 Washington St, Michigan City, IN 46360-3420

    View details
    5860 Franklin St
    RESTAURANT
    5,283 SF Lot: 0.91 Acres
    Value Estimation by Request

    5860 Franklin St, Michigan City, IN 46360

    View details
    2613 Us Hwy 12
    RESTAURANT
    1,224 SF Lot: 0.88 Acres
    Value Estimation by Request

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

    View details
    5809 Franklin St
    RESTAURANT
    3,640 SF Lot: 2.53 Acres
    Value Estimation by Request

    5809 Franklin St, Michigan City, IN 46360-7852

    View details
    801 Franklin St
    RESTAURANT
    2,583 SF Lot: 0.07 Acres
    Value Estimation by Request

    801 Franklin St, Michigan City, IN 46360-3507

    View details
    433 Dahlia St
    RESTAURANT
    5,325 SF Lot: 3.25 Acres
    Value Estimation by Request

    433 Dahlia St, Michigan City, IN 46360-2104

    View details
    3956 Franklin St
    RESTAURANT
    6,915 SF Lot: 1.03 Acres
    Value Estimation by Request

    3956 Franklin St, Michigan City, IN 46360-7353

    View details
    216 Us Hwy 20
    RESTAURANT
    1,950 SF Lot: 0.76 Acres
    Value Estimation by Request

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

    View details
    212 Us Hwy 20
    RESTAURANT
    1,864 SF Lot: 0.95 Acres
    Value Estimation by Request

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

    View details
    3715 Franklin St
    RESTAURANT
    2,190 SF Lot: 1.26 Acres
    Value Estimation by Request

    3715 Franklin St, Michigan City, IN 46360-7310

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    5300 Franklin St
    RESTAURANT
    5,283 SF Lot: 0.73 Acres
    Value Estimation by Request

    5300 Franklin St, Michigan City, IN 46360-7375

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    416 Us Hwy 20
    RESTAURANT
    15,464 SF Lot: 1.61 Acres
    Estimated value
    $525,000

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

    View details
    4357 Franklin St
    RESTAURANT
    2,579 SF Lot: 0.54 Acres
    Value Estimation by Request

    4357 Franklin St, Michigan City, IN 46360-7895

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    3801 Franklin St
    RESTAURANT
    2,760 SF Lot: 0.54 Acres
    Value Estimation by Request

    3801 Franklin St, Michigan City, IN 46360-7312

    View details

    Michigan City, IN Restaurants Investment Opportunities Market Analysis

    Explore 72 restaurants for sale in Michigan City, IN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 63,599 square feet of properties for sale, with an estimated market value of $7,199,000.

    Sale prices for restaurant properties in Michigan City, IN start at $50,000, averaging $899,875, and reaching up to $1,125,000 — 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

    Conventional restaurants 4
    Bars & Pubs 2
    Coffee shops 2

    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 median listing prices of real estate assets

    Neighborhood Average Price
    46360 $857K

    Taxes & Financing

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

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