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$1,600,000

EXPLORE TUCKER LUXURY

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Property Description for 326 US20 Michigan City, IN 46360

3.5 acres commercial lot on highway 20, this is one of the most desirable commercial sites in Michigan City, there is an existing vacant Motel building on the land, if you are in the motel business, this is your chance to renovate this Motel to meet the city requirements / code and start making money, if you are in a different business the options are endless, environment study already done along with stake survey, seller will consider leasing the Motel or the ground, call for more details, forgot to mention that there is a billboard on site bringing extra money every month.

Address:326 US20 Michigan City IN 46360
Status:Active
on site: 135 days
Price:$1,600,000
Bathrooms:0
Year Built:1952
Lot Size:3.50
County: La Porte
Township: Michigan
MLS #:807715
Property Type:Hotel-Motel

Lot Dimensions:irreg
Directions:on High way 20 right across from Vontobels

Loan Price
$9,013
Price And Interest $8,346/month
Property Tax $0/month
MTG INS $0/month
HOME INS $667/month
Price
$1,600,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$8,004 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Tax Year:2023
Mandatory HOA Fee:$

Zip Code:46360

Exterior Features:Other
Heat:Radiant
EXPLORE TUCKER LUXURY
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

Schedule a Video Chat Tour

Listing provided courtesy of Zakaria Elhidaoui with Coldwell Banker Real Estate Gr from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 07/30/2024 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.





Michigan City Market Report

110
Avg. DOM
$178.3
Avg. $ / Sq.Ft.
$ 238,900
Med. List Price

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There is no data available at this time for Michigan City.

There is no data available at this time for Michigan City.

There is no data available at this time for Michigan City.