Michigan City, IN Retail Space for Sale

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Updated: Mar 17

Mixed-Use Property with Retail Space

1115 Franklin Street, Michigan City, IN 46360

$510,000

0.06 AC lot

Street‑level retail space with two apartments above
Separate carriage house included
All units rented with active leases in place
New roof installed in 2024
200 amp electrical service and furnace

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Updated: Aug 8

Neighborhood Shopping Center

1700-1724 US-20, Michigan City, IN 46360

$1,475,000

23,780 sqft

23,780‑square‑foot retail center built in 1985
79.82% occupied with approximately 4,800 square feet available
Three vacant 1,600‑square‑foot suites
8.58% going‑in capitalization rate
Fronts US Highway 20, carrying over 19,000 vehicles per day

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Storefront Property Near Lake Michigan

3636 Us-12, Michigan City, IN 46360

$595,000

Commercial space positioned near Beachtown and Lake Michigan attractions.

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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

Long John Silver's NNN Property

212 US-20, Michigan City, IN 46360

Contact for pricing

1,880 sqft 0.95 AC lot

Long John Silver’s is offered subject to a 15-year triple-net lease that began May 17, 2018.

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Turn Key Retail Space ForSale

909 Franklin St, Michigan City, IN

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2,350 sqft 0.09 AC lot

Retail space with equipment and upper level residence for sale.

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Two-Story Retail Building

813 Franklin St, Michigan City, IN 46360

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Finished first floor with wood floors and built-in bookcases, plus unfinished second floor and basement storage.

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

Michigan City Industrial Building Portfolio

332 US-20, Michigan City, IN 46360

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38,190 sqft 2.00 AC lot

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

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Corner Coffee Shop Property

1717 Elston Street, Michigan City, IN 46360

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

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Multi-Tenant Shopping Center

4067 Franklin St, Michigan City, IN 46360

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Retail property occupied by Planet Fitness, GNC, and LaPorte County with a newly executed long-term lease.

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Retail Space for Sale

2001 E Michigan Blvd, Michigan City, IN 46360

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For-sale retail property located at 2001 E Michigan Blvd in Michigan City, IN.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 10 Active listings in Michigan City, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 62 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Furnished Mixed-Use Property

19409 US 12, New Buffalo, MI 49117

$475,000

833 sqft 0.15 AC lot

C-1-zoned property with office, residential, and retail use potential, plus central air and a fenced backyard.

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Storefront Retail Unit with Equipment

225 N Whittaker Street, New Buffalo, MI 49117

$430,000

1,142 sqft

Commercial kitchen fixtures and a private owner entrance support flexible retail or food-related operations.

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La Porte Commercial Space Available

503 Lincolnway, La Porte, IN 46350

Contact for pricing

4,540 sqft

Commercial space for lease with customization options in La Porte.

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Shopping Center with Outlot

1460 W State Rd 2, La Porte, IN 46350

Contact for pricing

0.40 AC lot

Shopping center redeveloped in 2020 with anchor and inline space opportunities, plus signage on a pylon at a signalized SR 2 entrance.

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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.

RETAIL STORES (PERSONAL SERVICES)

517 Barker Ave, Michigan City, IN 46360-5132

$275,000

Estimated value

4,353 sqft 0.13 AC lot

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RETAIL STORES (PERSONAL SERVICES)

10388 400th N, Michigan City, IN 46360-9470

$280,000

Estimated value

8,132 sqft 0.97 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

1901 Franklin St, Michigan City, IN 46360-4532

$275,000

Estimated value

2,245 sqft 0.08 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

1901 Franklin St, Michigan City, IN 46360-4532

$275,000

Estimated value

3,044 sqft 0.04 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

1816 Franklin St, Michigan City, IN 46360-4504

$1,885,000

Estimated value

14,563 sqft 1.20 AC lot

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RETAIL STORES (PERSONAL SERVICES)

909 Franklin St, Michigan City, IN 46360-3511

$300,000

Estimated value

8,265 sqft 0.09 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

2525 Ohio St, Michigan City, IN 46360-5955

$60,000

Estimated value

468 sqft 0.17 AC lot

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RETAIL STORES (PERSONAL SERVICES)

2511 Michigan Blvd, Michigan City, IN 46360-5367

$275,000

Estimated value

3,164 sqft 0.12 AC lot

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RETAIL STORES (PERSONAL SERVICES)

1905 Michigan Blvd, Michigan City, IN 46360-4958

$325,000

Estimated value

13,110 sqft 0.34 AC lot

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RETAIL STORES (PERSONAL SERVICES)

227 7th St, Michigan City, IN 46360-3407

$270,000

Estimated value

4,296 sqft 0.07 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

171 Indiana Hwy 212, Michigan City, IN 46360-1957

$260,000

Estimated value

1,440 sqft 0.52 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

3409 Franklin St, Michigan City, IN 46360-7008

$255,000

Estimated value

1,800 sqft 0.20 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

3201 Us Hwy 12, Michigan City, IN 46360-2270

$270,000

Estimated value

1,636 sqft 0.23 AC lot

View details

RETAIL STORES (PERSONAL SERVICES)

920 Franklin St, Michigan City, IN 46360-3512

$255,000

Estimated value

540 sqft 0.09 AC lot

View details

Michigan City, IN Retail Space Market Trends and Statistics

Explore 72 retail space for sale in Michigan City, IN, showcased through 10 active listings on our real estate platform. These investment opportunities span a total of 66,200 square feet of properties for sale, with an estimated market value of $2,580,000.

Sale prices for retail space in Michigan City, IN start at $510,000, averaging $860,000, and reaching up to $1,475,000 — 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	$889.7K

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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Michigan City, IN Retail Space for Sale

1115 Franklin Street, Michigan City, IN 46360

1700-1724 US-20, Michigan City, IN 46360

3636 Us-12, Michigan City, IN 46360

212 US-20, Michigan City, IN 46360

909 Franklin St, Michigan City, IN

813 Franklin St, Michigan City, IN 46360

332 US-20, Michigan City, IN 46360

1717 Elston Street, Michigan City, IN 46360

4067 Franklin St, Michigan City, IN 46360

2001 E Michigan Blvd, Michigan City, IN 46360

Opportunities in Nearby Cities

19409 US 12, New Buffalo, MI 49117

225 N Whittaker Street, New Buffalo, MI 49117

503 Lincolnway, La Porte, IN 46350

1460 W State Rd 2, La Porte, IN 46350

Off-Market Properties in Michigan City, IN

517 Barker Ave, Michigan City, IN 46360-5132

10388 400th N, Michigan City, IN 46360-9470

1901 Franklin St, Michigan City, IN 46360-4532

1901 Franklin St, Michigan City, IN 46360-4532

1816 Franklin St, Michigan City, IN 46360-4504

909 Franklin St, Michigan City, IN 46360-3511

2525 Ohio St, Michigan City, IN 46360-5955

2511 Michigan Blvd, Michigan City, IN 46360-5367

1905 Michigan Blvd, Michigan City, IN 46360-4958

227 7th St, Michigan City, IN 46360-3407

171 Indiana Hwy 212, Michigan City, IN 46360-1957

3409 Franklin St, Michigan City, IN 46360-7008

3201 Us Hwy 12, Michigan City, IN 46360-2270

920 Franklin St, Michigan City, IN 46360-3512

Michigan City, IN Retail Space Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

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