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$325,000

  • 1,705 sq. Ft

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Property Description for 218 W 8th Street Michigan City, IN 46360

Rare contiguous three lots on ideally situated corner with excellent visibility directly across from Lighthouse Place Premium Outlet mall, and within the historic Uptown Arts District and CBD of Michigan City. Current business (seasonal retail garden center, available separately) shows strong traffic and repeat customers. Existing building has approx 1705sf, with walk-in cooler, kitchen prep area, concrete floors and two roll-up garage doors to open plan, high-ceiling interior, that would make a dramatic dining area. New owner can purchase existing business and expand, or maximize the character of the site for outstanding restaurant location with excellent indoor/outdoor patio potential, or develop the lot to its full potential. Now that South Shore rail double-track project has been fully approved, this is an ideal investment site. Business and real estate available - #507190.

Address:218 W 8th Street Michigan City IN 46360
Status:Active
on site: 822 days
Price:$325,000
Bathrooms:0
Sq. Feet:1,705
Year Built:1935
Lot Size:0.42
County: LaPorte
MLS #:505820
Property Type:Retail

Lot Dimensions:55x165; 115x85
Directions:Corner of 8th and Wabash, across from Mall.
Total Sq. Ft. :1,705

Loan Price
$1,830
Price And Interest $1,695/month
Property Tax $0/month
MTG INS $0/month
HOME INS $135/month
Price
$325,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$1,620 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Subdivision: Elstons
Zip Code:46360

Total Sq. Ft.:1,705
Exterior Features:Block, Wood Frame, Other
Heat:Gas
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 218 W 8th Street Michigan City, IN  46360


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Listing provided courtesy of Craig Easly with @properties/Christie's International Real Estate from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 01/16/2022 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.



218 W 8th 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 218 W 8th Street Michigan City IN 46360.

There is no data available at this time for 218 W 8th Street Michigan City IN 46360.

There is no data available at this time for 218 W 8th Street Michigan City IN 46360.

There is no data available at this time for 218 W 8th Street Michigan City IN 46360.

There is no data available at this time for 218 W 8th Street Michigan City IN 46360.