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    Michigan City, IN
    Strip Mall

    Michigan City, IN Strip Malls for Sale

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    Neighborhood Shopping Center
    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
    View details
    See hot listings in Michigan City

    Scored against comparables nationwide. These are worth a look.

    Scored against comparables nationwide. These are worth a look.

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    Based on your search, we've compiled 34 Potential Opportunities for your consideration. Besides 1 Active listings in Michigan City, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 29 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.

    Masonry Four-Unit Shopping Center
    Masonry Four-Unit Shopping Center

    629-645 E 162nd St, South Holland, IL 60473

    $900,000
    6,250 sqft 0.42 AC lot

    In-line retail configuration with street-facing entrances, rear employee access, and a paved customer parking area.

    View details
    Cash Flowing Strip Center
    Cash Flowing Strip Center

    414-424 E 71st St, Chicago, IL 60619

    $519,000
    4,800 sqft

    Fully occupied retail center with high street frontage.

    View details
    10-Unit Neighborhood Strip Mall
    10-Unit Neighborhood Strip Mall

    2501-17 W 79th St, Chicago, IL 60652

    Contact for pricing
    13,275 sqft

    B1-zoned retail center with established tenant occupancy and one available unit.

    View details
    Retail Strip Mall with Flat Roof
    Retail Strip Mall with Flat Roof

    601 E 170th St, South Holland, IL 60473

    Contact for pricing
    14,044 sqft

    Well-maintained multi-tenant strip mall featuring an attractive facade, flat rubber roof, and ample visitor parking.

    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.

    111 Skwiat Legion Ave
    SHOPPING CENTER, STRIP CENTER

    111 Skwiat Legion Ave, Michigan City, IN 46360-4550

    Estimated value:
    $250,000
    2,072 sqft 0.14 AC lot
    View details
    5174 Franklin St
    SHOPPING CENTER, STRIP CENTER

    5174 Franklin St, Michigan City, IN 46360-7878

    Estimated value:
    $3,395,000
    18,600 sqft 1.72 AC lot
    View details
    1700 Us Hwy 20th, Unit 1724
    SHOPPING CENTER, STRIP CENTER

    1700 Us Hwy 20th, Michigan City, IN 46360-7502

    Unit 1724
    Estimated value:
    $385,000
    19,456 sqft 2.76 AC lot
    View details
    3301 Franklin St
    SHOPPING CENTER, STRIP CENTER

    3301 Franklin St, Michigan City, IN 46360-7079

    Estimated value:
    $240,000
    4,263 sqft 0.20 AC lot
    View details
    3207 Franklin St
    SHOPPING CENTER, STRIP CENTER

    3207 Franklin St, Michigan City, IN 46360-7005

    Estimated value:
    $660,000
    28,750 sqft 2.34 AC lot
    View details
    5200 Franklin St
    SHOPPING CENTER, STRIP CENTER

    5200 Franklin St, Michigan City, IN 46360-7372

    Estimated value:
    $465,000
    8,640 sqft 1.60 AC lot
    View details
    4301 Franklin St
    SHOPPING CENTER, STRIP CENTER

    4301 Franklin St, Michigan City, IN 46360-7806

    Estimated value:
    $2,015,000
    118,686 sqft 21.85 AC lot
    View details
    2034 Us Hwy 20th, Unit 2054
    SHOPPING CENTER, STRIP CENTER

    2034 Us Hwy 20th, Michigan City, IN 46360-7682

    Unit 2054
    Estimated value:
    $790,000
    41,981 sqft 4.04 AC lot
    View details
    2303 Michigan Blvd
    SHOPPING CENTER, STRIP CENTER

    2303 Michigan Blvd, Michigan City, IN 46360-5321

    Estimated value:
    $645,000
    49,951 sqft 5.92 AC lot
    View details
    4213 Franklin St
    SHOPPING CENTER, STRIP CENTER

    4213 Franklin St, Michigan City, IN 46360-7805

    Estimated value:
    $510,000
    20,900 sqft 1.47 AC lot
    View details
    290 Us Hwy 20th, Unit 298
    SHOPPING CENTER, STRIP CENTER

    290 Us Hwy 20th, Michigan City, IN 46360-7359

    Unit 298
    Estimated value:
    $335,000
    11,290 sqft 1.50 AC lot
    View details
    1000 Karwick Rd
    SHOPPING CENTER, STRIP CENTER

    1000 Karwick Rd, Michigan City, IN 46360

    Estimated value:
    $835,000
    51,658 sqft 9.69 AC lot
    View details
    113 Skwiat Sts
    SHOPPING CENTER, STRIP CENTER

    113 Skwiat Sts, Michigan City, IN 46360

    Estimated value:
    $165,000
    4,452 sqft 0.14 AC lot
    View details
    5350 Franklin St
    SHOPPING CENTER, STRIP CENTER

    5350 Franklin St, Michigan City, IN 46360-7375

    Estimated value:
    $385,000
    6,080 sqft 0.71 AC lot
    View details
    107 Woodland Ct
    SHOPPING CENTER, STRIP CENTER

    107 Woodland Ct, Michigan City, IN 46360-7392

    Estimated value:
    $275,000
    3,324 sqft 0.40 AC lot
    View details
    104 Woodland Ct
    SHOPPING CENTER, STRIP CENTER

    104 Woodland Ct, Michigan City, IN 46360-7390

    Estimated value:
    $275,000
    4,967 sqft 0.74 AC lot
    View details
    124 Woodland Ct
    SHOPPING CENTER, STRIP CENTER

    124 Woodland Ct, Michigan City, IN 46360-7701

    Estimated value:
    $325,000
    3,708 sqft 0.31 AC lot
    View details
    1401 Woodland Ave
    SHOPPING CENTER, STRIP CENTER

    1401 Woodland Ave, Michigan City, IN 46360-7172

    Estimated value:
    $275,000
    7,230 sqft 0.67 AC lot
    View details
    2058 Us Hwy 20th, Unit 2060
    SHOPPING CENTER, STRIP CENTER

    2058 Us Hwy 20th, Michigan City, IN 46360-7682

    Unit 2060
    Estimated value:
    $315,000
    9,177 sqft 1.73 AC lot
    View details
    2008 Us Hwy 20th, Unit 2026
    SHOPPING CENTER, STRIP CENTER

    2008 Us Hwy 20th, Michigan City, IN 46360-7682

    Unit 2026
    Estimated value:
    $370,000
    15,832 sqft 1.83 AC lot
    View details
    2000 Us Hwy 20th, Unit 2006
    SHOPPING CENTER, STRIP CENTER

    2000 Us Hwy 20th, Michigan City, IN 46360-7682

    Unit 2006
    Estimated value:
    $300,000
    8,960 sqft 1.09 AC lot
    View details
    1900 Us Hwy 20th, Unit 1920
    SHOPPING CENTER, STRIP CENTER

    1900 Us Hwy 20th, Michigan City, IN 46360-7591

    Unit 1920
    Estimated value:
    $470,000
    28,520 sqft 1.17 AC lot
    View details
    1729 Us Hwy 20th, Unit 1812
    SHOPPING CENTER, STRIP CENTER

    1729 Us Hwy 20th, Michigan City, IN 46360-7501

    Unit 1812
    Estimated value:
    $375,000
    19,388 sqft 1.66 AC lot
    View details

    Michigan City, IN Strip Malls Market Trends and Statistics

    Explore 30 strip malls for sale in Michigan City, IN on our real estate platform. These investment opportunities span a total of 23,780 square feet of properties for sale, with an estimated market value of $1,475,000.

    Sale prices for retail strips in Michigan City, IN average $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

    Storefront properties 9
    Automotive properties 4
    Car washes 3
    Auto shops 1
    Self service car washes 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 $1.5M

    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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    Most Searched ZIP Codes in Michigan City, IN

    • 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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