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$2,000,000

710 Franklin Street Michigan City, IN  46360

  • 21,000 sq. Ft
EXPLORE TUCKER LUXURY

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Property Description for 710 Franklin Street Michigan City, IN 46360

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.

Address:710 Franklin Street Michigan City IN 46360
Status:Active
on site: 97 days
Price:$2,000,000
Bathrooms:0
Sq. Feet:21,000
Year Built:1914
Lot Size:0.16
County: LaPorte
MLS #:543843
Property Type:Office

Lot Dimensions:123 X 165
Directions:Franklin street to 7th street. Corner building.
Total Sq. Ft. :21,000

Loan Price
$11,266
Price And Interest $10,433/month
Property Tax $0/month
MTG INS $0/month
HOME INS $833/month
Price
$2,000,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$9,996 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Subdivision: Michigan CIty
Zip Code:46360

Total Sq. Ft.:21,000
Exterior Features:Brick
Heat:Forced Air, Gas
EXPLORE TUCKER LUXURY
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

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Schools in 710 Franklin Street Michigan City, IN  46360


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Listing provided courtesy of Jina Ko with Coldwell Banker Real Estate Group from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 01/12/2024 12:00 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.



710 Franklin Street Michigan City, IN  46360 Market Report

100
Avg. DOM
$203.05
Avg. $ / Sq.Ft.
$ 332,400
Med. List Price

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There is no data available at this time for 710 Franklin Street Michigan City IN 46360.

There is no data available at this time for 710 Franklin Street Michigan City IN 46360.

There is no data available at this time for 710 Franklin Street Michigan City IN 46360.

There is no data available at this time for 710 Franklin Street Michigan City IN 46360.

There is no data available at this time for 710 Franklin Street Michigan City IN 46360.