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$769,000 $27,000on 1/11/2024

4987 W US Highway 20 Michigan City, IN  46360

  • 10,144 sq. Ft

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Property Description for 4987 W US Highway 20 Michigan City, IN 46360

Excellent location for a large office user or potential income property. 2 story 10,144 SF office building located on Hwy 20 less than 10 minutes from downtown Michigan City. Building is separately metered and could easily be divided and leased to separate tenants. There are 20 private offices, 3 conference rooms, 4 private restrooms, a break room with kitchen, server room, and multiple storage rooms. The building sits on 4.27 acres and currently has 33 parking spaces. 2021 pay 2022 taxes $6,168.44. Call to schedule your showing today.

Address:4987 W US Highway 20 Michigan City IN 46360
Status:Active
on site: 558 days
Price:$769,000
Bathrooms:0
Sq. Feet:10,144
Year Built:1996
Lot Size:4.27
County: Porter
MLS #:521366
Property Type:Office

Lot Dimensions:234 x 612
Directions:Head East on US Hwy 20 from IN-49. Property is located roughly 5.5 miles down the road on the North side. Company sign reads: Palko Services.
Total Sq. Ft. :10,144

Loan Price
$4,331
Price And Interest $4,011/month
Property Tax $0/month
MTG INS $0/month
HOME INS $320/month
Price
$769,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$3,840 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
10/03/23 $796,000 $769,000 -3.39%
06/29/23 $849,900 $796,000 -6.34%
05/10/23 $949,900 $849,900 -10.53%

Mandatory HOA Fee:$

Subdivision: None
Zip Code:46360

Total Sq. Ft.:10,144
Exterior Features:Aluminum Siding
Heat:Central
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 4987 W US Highway 20 Michigan City, IN  46360


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Listing provided courtesy of Nicholas Sommer with Century 21 Alliance Group from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 10/13/2022 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.



Michigan City Market Report

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

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