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$499,000

  • 3,848 sq. Ft

Property Description for 3860 W Dunes Michigan City, IN 46360

Golden opportunity to reinvent a long-standing and beloved bastion of the Duneland community and reclaim the popularity and vigor of its peak! This spacious brick lounge/restaurant offers large capacity bar and floor seating, full kitchen, acoustic ceiling, and attached liquor license. Situated on a large parcel allowing for more than ample parking and an expansive rear natural space begging to be revamped into the likes of a festive beer garden or other post-beach outdoor recreational/gathering spot. Nestled steps away from desirable Beverly Shores and with other neighborhood establishments cropping up nearby, this area is on the brink of becoming the penultimate entertainment enclave in the region. Last but far from least, the seven attached rental studio apartments add a healthy boost to the revenue stream and make this fabulous business opportunity a sure winner!

Address:3860 W Dunes Michigan City IN 46360
Status:Active Undr Contract
on site: 0 mins
Price:$499,000
Bathrooms:0
Sq. Feet:3,848
Year Built:1930
Lot Size:0.48
County: Porter
MLS #:499727
Property Type:Other

Directions:From SR-49 N. turn right onto County Rd. 100 E., turn right onto US-20, turn left onto Maple St., turn right onto W. Dunes Hwy. and the property is on your right.
Total Sq. Ft. :3,848

Loan Price
$2,811
Price And Interest $2,603/month
Property Tax $0/month
MTG INS $0/month
HOME INS $208/month
Price
$499,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$2,496 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

Mandatory HOA Fee:$

Subdivision: 1st Add To Pines
Zip Code:46360

Total Sq. Ft.:3,848
Jeff Safrin, REALTOR®/Broker, F. C. Tucker Company
Jeff Safrin
Additional Phone (219) 309-9930
F.C. Tucker Company

Schools in 3860 W Dunes Michigan City, IN  46360


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Listing provided courtesy of Audrey Lemmons with Blackrock Real Estate Services, LLC from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 09/12/2021 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

103
Avg. DOM
$216.58
Avg. $ / Sq.Ft.
$ 364,900
Med. List Price

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