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1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
1407 Franklin Street
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$339,000

1407 Franklin Street

4,336 Sq.Ft.

Description

Welcome to your next investment and lifestyle opportunity nestled in the heart of Michigan City, Indiana! This versatile mixed-use commercial property boasts an enviable location just moments away from the bustling new South Shore commuter train station, making it a prime spot for both locals and commuters alike. Imagine the endless possibilities as you step into this dynamic space, perfectly positioned whether you're dreaming of a vibrant cafe where commuters can grab their morning coffee or cater to a diverse array of businesses; a boutique retail space showcasing local artisans, or professional offices for entrepreneurs seeking a central hub, this property offers the ideal canvas to bring your vision to life. But it's not just about business - the upper level boasts a sprawling, 2,000 square foot exquisite residential unit with 3 bedrooms and 1 bath where sunlight streams through the oversized windows, casting a warm glow on the original hardwood floors below. Relax in the spacious living room, spacious for a oversized couch and complimented with a library nook. The gourmet kitchen awaits the culinary enthusiast while entertaining guests in the formal dining room, where intimate gatherings are elevated by the ambiance of days gone by and indulge in fireside chats with a glass of your favorite bourbon. Experience the timeless elegance of a bygone era in this meticulously preserved unit to make your home or generate income with a short-term rental. From the scenic shores of Lake Michigan to the charming boutiques and eateries of downtown Michigan City, there's no shortage of reasons for visitors to explore and discover what your establishment has to offer and your life desires. Seize the opportunity with the possibility of utilizing local improvement grants with the Michigan City Urban Enterprise Zone and the federally designated Opportunity Zone. Capture the moment to be a part of Michigan City's vibrant community and elevate your experiences to new heights!

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Location

1407 Franklin Street, Michigan City, IN 46360

Status

For Sale
Giorgios Karayannis

Giorgios Karayannis

Property Amenities

Interior
Laundry room In Unit, Upper Level
Appliances Built-In Refrigerator, Washer/Dryer Stacked, Water Heater, Refrigerator, Microwave, Gas Range
Flooring Carpet, Varies, Wood, Vinyl, Laminate
Other Interior Features Chandelier
Area & Lot
Lot Area 2,178 Sq.Ft.
Living area 4,336 Sq.Ft.
MLS® ID 803168
Year Built 1928
Type Commercial
Status For Sale
Exterior
Air conditioning Ceiling Fan(s), Wall/Window Unit(s), Varies by Unit, Central Air
Heat type Forced Air, Varies by Unit, Radiant
Water Source Public
Sewer Public Sewer
Other Exterior Features None
Parking On Street
Lot Features Near Public Transit
Roof Flat, Membrane
Utilities Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Finance
Sales Price $339,000
Real Estate Tax $4,269 yearly
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I would love to show you our beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.

Schedule a Showing

I would love to show you our beautiful property. Please select your preferred date and time below. I will be in touch shortly to confirm your appointment.
Thank you for your interest in 1407 Franklin Street, Michigan City, IN 46360. We are reviewing your request and will be in touch shortly!

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