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$1,199,000 ↓$100,000on 8/19/2024

600 Wabash Street Michigan City, IN  46360

  • 2,881 sq. Ft
EXPLORE TUCKER LUXURY

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Property Description for 600 Wabash Street Michigan City, IN 46360

Seize this prime restaurant opportunity located directly across from the bustling Lighthouse Premium Outlet Mall in Michigan City, Indiana. This exceptional property boasts unparalleled visibility and foot traffic, making it an ideal destination for culinary enthusiasts and seasoned restaurateurs alike. Nestled on a rare 0.47-acre, corner lot in the heart of the thriving Central Business Downtown District and near the picturesque Lake Michigan beachfront, this property offers a coveted position with prominent frontage on a main, historic street. It effortlessly attracts both locals and tourists exploring the vibrant retail scene. Featuring a spacious dining area, well-appointed kitchen facilities, and a charming ambiance, this property is poised to become a culinary hotspot along the coast. Enhance your revenues with a unique, grandfathered-in drive-thru window, enjoy the convenience of dedicated off-street parking for your customers, and benefit from the opportunity to add a special district liquor license. Whether you're launching a new venture or expanding your restaurant empire, this property provides an exceptional chance to capitalize on Michigan City's booming hospitality scene and nearby development. Unlock the full potential of this remarkable space, location, and lot size today!

Address:600 Wabash Street Michigan City IN 46360
Status:Active
on site: 208 days
Price:$1,199,000
Bathrooms:0
Sq. Feet:2,881
Year Built:2003
Lot Size:0.47
County: La Porte
Township: Michigan
MLS #:803918
Property Type:Business

Lot Dimensions:120x170
Directions:From US HWY 12, Turn onto Wabash St, head North to 6th St., Property is on the Southeast corner of 6th St. & Wabash St. From North Franklin St., turn left onto 6th St.. Stay Straight until you meet Wabash St., property will be on your left.
Total Sq. Ft. :2,881

Loan Price
$6,755
Price And Interest $6,255/month
Property Tax $0/month
MTG INS $0/month
HOME INS $500/month
Price
$1,199,000
Down Payment %
0 %
Down Payment
$0
Property Taxes
$0/month
Home Owner Insurance
$6,000 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
YEARS

DateOld PriceNew PricePercent Change
08/19/24 $1,299,000 $1,199,000 -7.7%

Tax Year:2023
Mandatory HOA Fee:$

Zip Code:46360

Total Sq. Ft.:2,881
Exterior Features:None
Heat:Forced Air
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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Listing provided courtesy of Giorgios Karayannis with @properties/Christie's Intl RE from NIRA as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 05/17/2024 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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