1416 Franklin St, Michigan City, IN 46360, Michigan City, IN 46360
sale
$599,000
|
Other
Courtesy Of Coldwell Banker Real Estate Group
This versatile space is designed for multi-tenant use, offering strong investment and income potential. 3 blocks from the new South Shore train Station and "The Franklin" luxury apartment development. On the street level along Franklin Street, you'll find a spacious three-office suite along with a separate standalone retail space, perfect for a variety of business uses. The second floor features a residential unit with 2 bedrooms and 1.5 bathrooms--ideal for owner occupancy or rental income. The main building has a brand-new roof installed in 2025, adding peace of mind for future ownership. At the rear of the property on Ripley sits an industrial building, formerly home to a bolt company. This structure includes a loading dock and generous warehouse space, making it ideal for storage, light manufacturing, or distribution. Located in a rapidly developing area with increasing foot traffic and investment, this property offers endless possibilities for entrepreneurs and investors alike. Schedule your tour today and explore the potential firsthand.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- MLSID: 835851
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