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Highly desirable property with options. Currently, this building is also being offered for Lease. The highest and best use would be offices for mid to large offices/ businesses. Average price $12.00 per sq ft annually. This property would be ripe for conversion into apartments/lofts on the second floor, commercial retail on the first floor, and developing of the parking lot. This area is best suited for Mixed-use. See attached survey. This building is 4 blocks to the train with the new double track, express train to Chicago and all the new residential and commercial development that is currently on the way. Michigan City is set to be the next "it spot" and is only 1 hr. from Chicago and 20 mins to Michigan. 1.2 miles from Lake Michigan. This Lakefront community is poised to be the place to be. The building has 600AMP service and is located in a TIF and opportunity zone. Facade grants are available. Future restaurant owners or tenants can also obtain a 3-way liquor license. Don't miss this opportunity.

PROPERTY FEATURES

Water Source : Public Sewer Source : Public Sewer
Parking Features : Additional Parking
Exterior Features: Lighting Lot Size Source : Assessor
Heating : Forced Air
Interior Features: Storage

PROPERTY DETAILS

Street Address: 710 Franklin Street
City: Michigan City
State: Indiana
Postal Code: 46360
MLS Number: 814372
Year Built: 1914
Courtesy of McColly Real Estate

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