Over 14,000 square feet of commercial and or Industrial buildings on little over 2 acres in new booming area across from old State Prison and just blocks off Hwy 12 (4th St) Must have a 3 year lease back on property at 12% return
DEVELOPMENT AND INVESTMENT OPPORTUNITY! Located in MICHIGAN CITY ENTERPRISE ZONE AND OPPORTUNITY ZONE. Zoned R3B (Multi-Unit, Mixed Use).TIF dollars are available. Building and .62 acres are located at the intersection of Michigan Boulevard & Pine Street. The building was previously the Social Security office and is currently used as a church. It has a blacktop parking lot with 20 parking places. The property sits within walking distance to Lake Michigan, theOutlet Mall, Trail Creek Marina and Blue Chip Casino.
This Commercial Condo Unit has great visibility in a well maintained medical plaza. It features 9 private office rooms and open office spaces. Front and rear entrances. Staff parking in the rear and customer parking in the front. Located in established Business Park in downtown Michigan City area. Existing layout has 9 offices and 2 large open areas. Property is located in Enterprise Zone.
This commercial property was used as a photography studio but could serve a multitude of purposes. Its a must see for your potential use. It has loads of garage space attached to the back of the studio with exterior door entrance , a kitchenette space, bathroom space, office space, PLUS an extra detached garage AND and an extra vacant lot!!!! VIEW THIS PROPERTY AND SEE IF IT WORKS FOR YOUR NEEDS.
Successful business opportunity! Bubbles Ice Cream, established in 2003 and is family owned and operated. This one story commercial building is 1280 sq ft. Building is zoned B-1. in Neighborhood Commercial District of Michigan City. Bubbles Ice Cream Parlor has a loyal customer following and is a popular tourist destination.Bubbles is the #1 dessert location in Laporte County. Bubbles serves a Super Premium ice Cream. Business to be sold turn key with a few exceptions. All furniture, fixtures, square pos systems and security cameras to to be included in sale. Owner would be willing to train the new owner after the sale. The business has exceptional ratings and reviews from very satisfied customers! This thriving 21 year old success story could be yours! Schedule today!
An exceptional opportunity to own a highly reputable and well-established car wash business in Michigan City, Indiana! Victory Lane Auto Spa specializes in a best-in-class tunnel car wash with unique hand drying techniques and top-tier detailing services, offering a premium customer experience that sets it apart from other car wash operations in the area. Renowned for its personalized care, this high-quality, labor-intensive service caters to discerning customers seeking the finest results for their vehicles. Situated in a high-traffic area of Michigan City, Victory Lane benefits from excellent visibility and ease of access. The location draws consistent business from residents, several nearby dealerships, and the area's thriving tourism sector. The property is fully equipped with, top-of-the-line car wash equipment recently installed and has ample space for operations, including multiple detailing areas and effective assembly. This ensures efficient service, even during peak demand periods. The owners and staff have developed a loyal following thanks to their commitment to quality and customer satisfaction. Many customers return regularly for hand washing, drying, and detailing, creating a strong repeat business model. With Michigan City experiencing steady growth and increased tourism, there are opportunities for expansion by adding additional services, marketing campaigns, or even subscription-based packages to further enhance revenue streams. This is a fantastic turn-key opportunity for investors or entrepreneurs looking to acquire a profitable, community-loved business with a strong reputation for excellence. Victory Lane Auto Spa is ready for a new owner to continue its success and capitalize on its established market presence!
GREAT VISIBILITY! This 2-Unit commercial strip has promising return for any investor. Whether you are looking to start a small business, move your office/ retail space, or just collect the rent, ACT NOW! Located one block off Franklin St with the BEST signage possibilities, this location is ideal! End unit is currently rented on a month to month lease as an active hair salon. Adjacent unit (shown in photos) has over 1000 sq ft ready for build out/updating for any new business. Brand new flat roof just installed this week on both units. New AC unit and some new windows. Parking galore! There are over 10 off street parking spots that align the front of the building included. BONUS an additional large private parking lot in the rear of the building. There is also a fenced in green space behind the building. Units have separate utilities, being Sold AS for a quick sale!
Rare opportunity to own a fully occupied mixed use building in the Uptown Arts District of Michigan City. Vibrant corner location with high traffic count with 2 (potentially 3) ground level commercial spaces and 3 beautiful loft apartments above. Plenty on street public parking available and just steps from the seasonal Farmer's Market. Each residential loft is 2000 square feet and fully renovated. Two lofts have a rear deck/entry and designated parking (1 space per loft). Corner loft is accessed from side entry on 8th St. One loft unit is used as a STR. Huge potential in converting the remaining 2 loft apartments to short term rentals. Most units are currently occupied by long term tenants who already have 4+ years of occupancy and leases. Home to beloved and well established local businesses Hoity Toity and Mucho Mas. Building currently grosses over $117,000 annually.
PRIME ACCESSIBILITY - Discover the perfect space for your business with a property designed for flexibility and efficiency. Offering a contemporary design in a highly functional layout. This prime location makes it an excellent choice for a professional looking to establish or expand a professional workspace in the thriving Northwest Indiana market. With versatile usage options and proximity to key commercial hubs, this property provides an outstanding opportunity to secure a strategic, easily accessible space. This remarkable building in Michigan City, Indiana is perfectly suited for two professionals in need of separate spaces complete with multiple patient rooms, large lobby, lab, and a break room, situated conveniently off of 421 and nearby I94, this property boasts just under 4.5 acres of top-tier real estate along with over 20+ parking spaces. Nearby dining establishments and shops facilitate the completion of daily tasks. This space creates a sophisticated and appealing setting for both clientele and staff members. With its prime positioning and top-notch amenities, this property stands as the optimal solution for your business needs.
This beautifully restored property resides in the historic downtown of Michigan City. With a great location located directly across from the Lighthouse Outlets and close proximity to many restaurants and the lakefront, this property is waiting to be transformed into a space that can serve many purposes. The building was restored in 2016. Updates during that year include: brand new electric throughout the entire building, new plumbing, new laminate flooring, LP Smart Siding, both sets of stairs were updated, new drywall and insulation, on demand water heater, new porch. A sizable lot in the rear of the property that can be used for parking or reimagined into a space that can be used in conjunction with the building. All rooms in the building were used as clinic rooms, but all of the walls are temporary and can be brought down to be one big space on each floor. The possibilities are endless with this property.
Motivated seller! Located SE of I 94 at HWY 421 interchange. Great building potential. Newly sided and roofed building. Ripe for south end development opportunities. Value is in the highly visible location with considerable traffic counts. This property is prime for restaurant, hotel, or many other retail establishments. Drive by or make an appointment today!
Discover the perfect location to expand or launch your business at 415 W US Highway 20. This prime real estate consists of two parcels totaling 2.98 acres and two buildings totaling 4,912 sq ft under roof. Conveniently situated near the Michigan City EDC and the office tower redevelopment project, this property offers incredible potential. Currently home to Music Towing & Auto Center, a successful business operating for over 50 years, this property is ideal for a towing and auto service center. The fenced back area provides additional security and functionality. Don't miss this opportunity to secure a versatile property in a thriving area. Call today to schedule a showing and explore the potential of 415 W US Highway 20!
Seize this prime restaurant opportunity located directly across from the bustling Lighthouse Premium Outlet Mall in Michigan City, Indiana. This exceptional property boasts unparalleled visibility and foot traffic, making it an ideal destination for culinary enthusiasts and seasoned restaurateurs alike. Nestled on a rare 0.47-acre, corner lot in the heart of the thriving Central Business Downtown District and near the picturesque Lake Michigan beachfront, this property offers a coveted position with prominent frontage on a main, historic street. It effortlessly attracts both locals and tourists exploring the vibrant retail scene. Featuring a spacious dining area, well-appointed kitchen facilities, and a charming ambiance, this property is poised to become a culinary hotspot along the coast. Enhance your revenues with a unique, grandfathered-in drive-thru window, enjoy the convenience of dedicated off-street parking for your customers, and benefit from the opportunity to add a special district liquor license. Whether you're launching a new venture or expanding your restaurant empire, this property provides an exceptional chance to capitalize on Michigan City's booming hospitality scene and nearby development. Unlock the full potential of this remarkable space, location, and lot size today!
BEAUTIFULLY PRESENTED, VIBRANT LOCATION for this prized gem in your investment portfolio. A turnkey, multi-unit commercial property is in the heart of the booming Michigan City's midtown area. This classic building has been brought into modern times completely renovated in 2020 and 2021 from floor to ceiling. Perfectly positioned on a corner of the bustling Franklin Street, poised to capture maximum visibility and foot traffic, ensuring sustained profitability for years to come. You will find intelligent updates throughout; 2-stage variable speed high-efficiency furnaces, 3-phase electric, all LED lighting, closed-cell insulation, Nova basement system, and many more advanced features to finish this impressive property that will leave you worry-free for years to come. Long-term tenants have already established a solid foundation, providing a steady income stream from day one and boasting an 8.86% cap rate. Feel secure with an optometry practice established in 1924 and an innovative salon as successful, long-term tenants providing reliability, securing this property's status as an exceptionally high return. Join the ranks of visionary investors who recognize this prime location and claim your stake in the future of Michigan City!
Welcome to a unique opportunity to own a piece of Michigan City's history with Chappy's Stadium INN, an iconic bar and beloved establishment rooted in tradition and community. Nestled in the heart of this vibrant city, this mixed-use property offers more than just a place to grab a drink or a bite to eat; it's a cornerstone of the community, steeped in nostalgia and tradition. It encapsulates a heritage of hospitality and charm complete with the cherished business itself and boasting two, beautiful 3-bedroom income-generating residential units adding revenue potential and investment flexibility. From the well-stocked bar to the fully equipped kitchen, all the assets you need to continue this storied establishment is included in the sale that has contributed to its enduring success. Whether it's the bustling atmosphere of the bar or the comforting aroma of homestyle cooking, the Stadium INN holds a special place in the hearts of all who enter. Don't miss your chance to own this legacy and write the next chapter of this celebrated establishment.
FANTASTIC OPPORTUNITY TO OWN THIS ONE OWNER PROPERTY! sitting on almost an acre of land. 2839 square feet of open space awaits your endless possibilities. 12-14-foot ceilings, with 2 10-foot overhead doors. This 1 bathroom building checks all of the boxes for your perfect investment. This beautiful, and very loved building was home to a well-known Custom Cabinet maker for the last 34 years. Phenomenal location, located near the new Hospital, and many other medical buildings as well. Excellent visibility with heavy traffic, and close proximity to the Toll Road, I-94. is right around the corner. Minutes to Lake Michigan, Blue Chip Casino, Zoo, and Prime Outlet Mall. Make an appointment to see this investment. You will not be disappointed!!
Truffle's Pastry Shoppe 32 years of fine quality pasties!For Sale Turn Key w all equipment. ( Not the Name) Bring your baking business here and live in the upper level residence or rent it out.New Train Station less than 2 blocks away. Great opportunity to provide Coffee shop and pastries. Current owner to retire after 30+ years.This space can be utilize for any type of retail and or professional office space w an attached 4 car garage built in 2002. Main floor Bakery features Custom display cases for sales of product. Kitchen features walk in cooler & freezer (freezer needs work), large Middleby Marshall Baking Oven, prep tables sinks and more. Upper-level apartment feature Hardwood floors throughout, Custom Kitchen 14'x14', Dining room 10'x14', Master Bedroom 14'x14' w master bath, Jacuzzi Tub and His & Her sinks. Second bedroom 11'x15', Second Bath , Den - Piano room or 3rd bedroom 10x12.Lower level for storage of all sorts.New Roof Garage and new paint apartment & more.
Unique opportunity to acquire a turnkey single family investment home collection in the energized Lake Michigan community of Michigan City, Indiana. Currently going through transformative redevelopment projects related to the shoreline and the South Shore double-tracking project, Michigan City is seeing great interest and investment, to the tune of hundreds of millions in new projects. This downtown housing collection offers an investor a turnkey opportunity to get a 9.1 CAP on the investment. Currently consists of 7 homes & 1 lot ready for your ownership. Tenants pay all utilities. Laundry machines are not included in the sale, but most kitchen appliances are. Out of respect to our seller and tenants, only qualified buyers with POF and signed NDA may receive list of properties and property rent roll.
The median home value in Michigan City, IN is $148,900. This is lower than the county median home value of $211,400. The national median home value is $338,100. The average price of homes sold in Michigan City, IN is $148,900. Approximately 47.34% of Michigan City homes are owned, compared to 36.71% rented, while 15.94% are vacant. Michigan City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Michigan City real estate agent to arrange a tour today!
Michigan City, Indiana 46360 has a population of 31,965. Michigan City 46360 is less family-centric than the surrounding county with 19.46% of the households containing married families with children. The county average for households married with children is 25.08%.
The median household income in Michigan City, Indiana 46360 is $47,197. The median household income for the surrounding county is $60,226 compared to the national median of $69,021. The median age of people living in Michigan City 46360 is 36.5 years.
The average high temperature in July is 82.2 degrees, with an average low temperature in January of 17.6 degrees. The average rainfall is approximately 40 inches per year, with 47.2 inches of snow per year.