Active
710 Franklin Street
Michigan City IN, 46360
$2,000,000
$95.24 per sqft
Active
21,000 sqft
Commercial
Built in 1914
Amazing opportunity to buy this 21,000 (+/-) sq ft building and parking lot in the Uptown Arts DistCL A. apx 123 X 165. Corner of Franklin & 7th. HealthLinc occupies 85% of the building, they are moving to a new facility 4-1-24. Multiple offices, set up for many uses.Potential to convert to Mixed-Use. Michigan City will give grants up to $15,000 per unit for residential rentals. The parking lot also has development potential. 4 blocks to the south shore train with the express train (60 mins) to downtown Chicago. 20 mins to Michigan. This is the new IT lakefront community you want to be!!This property is blocks from Sola, $240M mixed use development, which includes hotel residences & retail and Station Block, the $93M+ which will include 220 residential units and poised to include retail/commercial units. This will directly impact the area with the estimated increase in value of $50M once complete. The office retail spaces in the building are currently for LEASE.
543843
MLSⓇ ID
January 12, 2024
Listed
May 9, 2024
Updated
Map
710 Franklin Street
Michigan City IN, 46360
Interior Features
Total Stories
2
Interior Features
Elevator
Floor Description
Carpet
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Natural Gas, Forced Air
Exterior/Building Features
Lot Size
0.16 Acres
Lot Features
Corner Lot
Roof
Flat, Membrane, Rubber
Other Property Details
Days on Market
112
Garage
No
Parking
Common, Paved, Private
View
No
County
La Porte
Municipality
Michigan
Pool
No
Zoning
Commercial
Buyer Agency Compensation
2.5%
Courtesy of Coldwell Banker Real Estate Gr, Jina Ko,
Listing Contact:
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