Michigan City, IN Storefront properties for sale

Updated: Mar 17

Mixed-Use Retail and Residential Building

1115 Franklin Street, Michigan City, IN 46360

$529,000

5,737 sqft 0.06 AC lot

Fully leased mixed‑use building with street‑level retail plus two residential apartments above
New roof installed in 2024; furnace and 200 amp service included
One of the residential apartments has been completely renovated with modern finishes
Separate carriage house adds extra income and versatility
Conveniently located one block from the South Shore train station

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This listing looks promising.

Here's a quick look at some key insights for

1115 Franklin Street, Michigan City, IN 46360

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Est. Cap Rate

7.3%
Above avg (5.9%)
Est. NOI

$39K
Annual
Price @ 7% Cap

$555K
Above asking
Property Type

Single Family Residence
Built 1900

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Updated: Mar 17

Mixed-Use Retail and Apartments

1115 Franklin Street, Michigan City, IN 46360

$529,000

0.06 AC lot

Mixed‑use property with street‑level retail and two residential apartments above it
Fully leased with active leases in place, with all units currently rented
New roof in 2024, plus a furnace and 200‑amp service reported as updates
One apartment has been completely renovated with modern finishes
Includes a separate carriage house for additional versatility

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Prime Location Commercial Building

2 W Dunes Hwy, Michigan City, IN 46360

$1,250,000

3,677 sqft

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

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Based on your search, we've compiled 17 Potential Opportunities for your consideration. Besides 3 Active listings in Michigan City, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 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.

Historic US 12 Commercial Building

4863 US Highway 12, Three Oaks, MI 49128

$298,500

3,500 sqft 1.63 AC lot

1.6-acre parcel with 3,500 sq ft commercial building.

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Downtown Mixed-Use Storefront

107 Lincolnway, La Porte, IN 46350

$298,000

3,643 sqft 0.10 AC lot

Remodeled downtown building with flexible commercial space and upstairs living, including 5 bedrooms and updated finishes.

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Mixed-Use Property with Vacant Apartment

810 Lincolnway, La Porte, IN 46350

$264,900

5,760 sqft

Downtown mixed-use building offers updated commercial space plus an upstairs unit ready for a new residence or rental concept.

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Historic US 12 Commercial Building

Three Oaks, MI 49128

$298,500

3,500 sqft 1.63 AC lot

1.6-acre parcel with 3,500 sq. ft. commercial building.

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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.

Valparaiso Land For Sale

1000 Vale Park Road, Valparaiso, IN 46383

$783,675

1.70 AC lot

Commercial land with high traffic location near amenities.

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Zoned Commercial Land Parcel

6889 E 109th Avenue, Crown Point, IN 46307

$285,000

1.32 AC lot

Vacant commercial-zoned land with access to I-65 for a range of retail, office, and service uses.

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Commercial Lots on Highway 8

0-lot B6-7 State Road 8, Kouts, IN 46347

$76,400

0.85 AC lot

Commercial land with highway frontage near established businesses.

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Land Near Hammond Landmarks

6850 Indianapolis Blvd, Hammond, IN 46324

$450,000

0.45 AC lot

0.45 acre land near YMCA, sports complex, Purdue campus.

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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.

Day care centers

3636 Us-12, Michigan City, IN 46360

Value Estimation by Request

5,186 sqft

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Individual retail properties

3072 Ohio St, Michigan City, IN 46360

Value Estimation by Request

1 sqft 0.79 AC lot

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Individual retail properties

200 Us-20, Michigan City, IN 46360

Value Estimation by Request

20,000 sqft 6.85 AC lot

View details

Individual retail properties

430 St John Rd, Michigan City, IN 46360

Value Estimation by Request

15,979 sqft 5.38 AC lot

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Lifestyle centers

5172 Franklin St, Michigan City, IN 46360

Value Estimation by Request

18,500 sqft

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Individual retail properties

4067 Franklin St, Michigan City, IN 46360

Value Estimation by Request

39,324 sqft

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Michigan City, IN Storefront Properties Market Trends and Statistics

Explore 9 storefront properties for sale in Michigan City, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 9,414 square feet of properties for sale, with an estimated market value of $1,779,000.

Sale prices for retail units in Michigan City, IN start at $529,000, averaging $889,500, and reaching up to $1,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Neighborhood	Average Price
46360	$769.3K

Neighborhood

Average Price

46360

$769.3K