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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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$299,000

1407 Franklin Street

3 Beds 2 Baths 4,336 Sq.Ft. 2,280 Sq.Ft.

Description

Versatile mixed-use commercial property with classic architecture is ideally positioned near the new South Shore commuter train station and The Franklin at 11th Street Station, a landmark 12-story luxury apartment development bringing new energy, residents, and momentum to downtown Michigan City. With the South Shore Line connecting Chicago's Millennium Station near Millennium Park to the South Bend International Airport, this value-add asset offers exceptional visibility and accessibility for commuters, tourists, and local patrons alike. Whether your vision is a vibrant cafe or delicatessen for morning commuters, a boutique retail space showcasing local makers, or another business concept that serves Michigan City's growing downtown, this property provides the ideal canvas. The opportunity extends beyond the commercial space. The upper level features an impressive 2,000-square-foot residential unit with 3 bedrooms and 1 bath, offering flexibility for owner occupancy or potential short-term rental use. Sunlight fills the apartment through oversized windows, highlighting the original hardwood floors and timeless character throughout. The spacious living room includes a charming library nook, while the formal dining room creates an inviting setting for intimate gatherings and fireside conversations. From the scenic shores of Lake Michigan to downtown boutiques, restaurants, arts, entertainment, and the expanding commuter corridor, this property is surrounded by reasons for people to live, work, visit, and invest in Michigan City. Additional incentives may be available through local improvement grants connected to the Michigan City Urban Enterprise Zone and the federally designated Opportunity Zone.Bring your vision and a hammer to capture the moment to be a part of Michigan City's continued growth and position your business, investment, or lifestyle vision in one of the city's most exciting downtown locations.

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Location

1407 Franklin Street, Michigan City, IN 46360

Status

For Sale
Giorgios Karayannis

Giorgios Karayannis

Property Amenities

Interior
Laundry room Upper Level
Fireplace Living Room
Appliances Gas Range, Refrigerator, Microwave
Total Bedrooms: 3
Half Bathrooms: 2
Other Interior Features Ceiling Fan(s), None
Area & Lot
Lot Area 2,280 Sq.Ft.
Living area 4,336 Sq.Ft.
MLS® ID 840571
Year Built 1928
View Description City
Type Condo
Status For Sale
Exterior
Heat type Baseboard, Forced Air
Water Source Public
Sewer Public Sewer
Other Exterior Features None
Parking On Street
Lot Features Near Public Transit
Utilities Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Finance
Sales Price $299,000
Real Estate Tax $4,611 yearly
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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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