Michigan City IN Real Estate & Commercial for Sale

Welcome to this wonderful investment opportunity! This mixed use, corner lot property is ready for your commercial an residential use. The main floor commercial unit boasts an open floor plan with plenty of natural sunlight, and a private office space. Above the commercial space is a recently remodeled, 1,400 square foot residential apartment with three bedrooms and a beautiful kitchen. This property also features a large detached garage with two sizable bay doors.

Excellent business opportunity in Downtown Arts District. Three storefronts boasting over 21,000 Sq Ft on Street level and above. There are 7 nice apartments above the storefronts. One large storefront potentially available and one apartment will become available upon sale. What a great opportunity to live and have your own business while collecting rents in the buildings you own. Arrange to see this great property and set in motion moving toward your dreams.

BEAUTIFULLY PRESENTED, VIBRANT LOCATION for this prized gem in your investment portfolio. A turnkey, multi-unit commercial property is in the heart of the booming Michigan City's midtown area. This classic building has been brought into modern times completely renovated in 2020 and 2021 from floor to ceiling. Perfectly positioned on a corner of the bustling Franklin Street, poised to capture maximum visibility and foot traffic, ensuring sustained profitability for years to come. You will find intelligent updates throughout; 2-stage variable speed high-efficiency furnaces, 3 phase electric, all LED lighting, closed-cell insulation, Nova basement system, and many more advanced features to finish this impressive property that will leave you worry-free for years to come. Where long-term tenants have already established a solid foundation, providing a steady stream of income from day one. Feel secure with an optometry practice established in1924 and an innovative salon as successful, long-term tenants providing reliability, securing this property's status as an exceptional high return. Join the ranks of visionary investors who recognize this prime location and claim your stake in the future of Michigan City!

Welcome to a unique opportunity to own a piece of Michigan City's history with Chappy's Stadium INN, an iconic bar and beloved establishment rooted in tradition and community. Nestled in the heart of this vibrant city, this mixed-use property offers more than just a place to grab a drink or a bite to eat; it's a cornerstone of the community, steeped in nostalgia and tradition. It encapsulates a heritage of hospitality and charm complete with the cherished business itself and boasting two, beautiful 3-bedroom income-generating residential units adding revenue potential and investment flexibility. From the well-stocked bar to the fully equipped kitchen, all the assets you need to continue this storied establishment is included in the sale that has contributed to its enduring success. Whether it's the bustling atmosphere of the bar or the comforting aroma of homestyle cooking, the Stadium INN holds a special place in the hearts of all who enter. Don't miss your chance to own this legacy and write the next chapter of this celebrated establishment.

Welcome to a fantastic opportunity, with all the updated complete. Nestled in the heart of the business community this 3828 square-foot meticulous maintain building stands as a pillar of transformation. Owners had the interior taken down to the studs and replaced it all. Hosting a new roof and replaced plumbing and electrical systems new furnace, flooring, and Drywall. The AC unit is 3 years old The layout includes a welcoming reception area with a waiting area and a seamless transition into the spacious open versatile area , and functionally designed featuring several office, spaces, restrooms, and dressing areas to accommodate various business needs.Conveniences key with ample of offstreet parking and a dedicated parking parking lot in assessability for both clients and employees. Zone B2 this property offers in less possibilities for entrepreneurs and investors alike.Situated near the lake, Michigan shoreline, a compliment to the convenience to Chicago South Shore train. This location offers the perfect blend of work and leisure. With close proximity to an array of restaurant shops, and recreational amenities, including the beachfront, residence and business alike will find everything they need just minutes away. With an easy access to the highway and the south shore train commute is a breeze, further enhancing the appeal of this prime location. Don't miss your chance to be part of Michigan City's vibrant future - sees the opportunity to live, work, and thrive in this dynamic community.

Office space on the main level. Two bedroom apartment above is a fixer upper but there is potential for additional office space. Previously used as a residential apartment.

FANTASTIC OPPORTUNITY TO OWN THIS ONE OWNER PROPERTY! sitting on almost an acre of land. 2839 square feet of open space awaits your endless possibilities. 12-14-foot ceilings, with 2 10-foot overhead doors. This 1 bathroom building checks all of the boxes for your perfect investment. This beautiful, and very loved building was home to a well-known Custom Cabinet maker for the last 34 years. Phenomenal location, located near the new Hospital, and many other medical buildings as well. Excellent visibility with heavy traffic, and close proximity to the Toll Road, I-94. is right around the corner. Minutes to Lake Michigan, Blue Chip Casino, Zoo, and Prime Outlet Mall. Make an appointment to see this investment. You will not be disappointed!!

Seller financing available for this incredible business opportunity! Looking to relocate your business? Trying to avoid those high Illinois taxes? Or maybe you just need some extra storage space? Well this property has endless opportunities! Nearly 3000 sq ft gutted building w/ vaulted ceilings & a detached 1200 sq ft lofted storage building. Situated right on Michigan Boulevard, down the street from the new upcoming Franklin at 11th Street Train Station & recently built Dunkin Donuts. Zoned B2; mixed use, residential, and much more!

Amazing opportunity to buy this 21,000 (+/-) sq ft building and parking lot in the Uptown Arts DistCL A. apx 123 X 165. Corner of Franklin & 7th. HealthLinc occupies 85% of the building, they are moving to a new facility 4-1-24. Multiple offices, set up for many uses.Potential to convert to Mixed-Use. Michigan City will give grants up to $15,000 per unit for residential rentals. The parking lot also has development potential. 4 blocks to the south shore train with the express train (60 mins) to downtown Chicago. 20 mins to Michigan. This is the new IT lakefront community you want to be!!This property is blocks from Sola, $240M mixed use development, which includes hotel residences & retail and Station Block, the $93M+ which will include 220 residential units and poised to include retail/commercial units. This will directly impact the area with the estimated increase in value of $50M once complete. The office retail spaces in the building are currently for LEASE.

Motivated seller! Located SE of I 94 at HWY 421 interchange. Great building potential. Newly sided and roofed building. Ripe for south end development opportunities. Value is in the highly visible location with considerable traffic counts. This property is prime for restaurant, hotel, or many other retail establishments. Drive by or make an appointment today!

If you're looking to start a business without the hassle of setting up shop from scratch, you might want to consider something already established! An exciting option for entrepreneurs who want to hit the ground running with a proven business model and existing customer base. With its proximity to the beach communities, visitors and locals alike are drawn to the area. Whatever your plans may be, this location attracts a steady stream of trafficproviding ample opportunities for your business to thrive. Don't miss out on this chance to make your entrepreneurial dreams a reality!

FANTASTIC OPPORTUNITY TO OWN AN AMAZING piece of COMMERCIAL property. This PRIME location is the LAST CORNER AVAILIABLE, It is receiving maximum exposure with over 30,000 vehicles driving by daily. The cleared frontage on both 300 & HWY-421 allows for easy access. The 4.089 acres is immediately off of I94, taking the South 421/Westville exit. Utilities have been placed on the property, along with a well. Zoning is B-3, Property is sitting at the south end of Michigan City. There is a Harley Davidson Shop, and a large Speedway Truck Stop directly across the Highway. There is also a large Chevrolet, Buick, GMC dealership across the street on 300 N. The newly built Franciscan Hospital is just North West of the I 94 exit. AND.....directly across the highway sits the NEW Huge LOVE'S Truck Stop which is still being built! So many opportunities await. CITY WATER IS NOW AVAILABLE AS WELL.BRING YOUR INVESTMENT IDEAS, AND GRAB THIS PRIME LOCATION!!!

Rare opportunity to own a fully occupied mixed use building in the Uptown Arts District of Michigan City. Vibrant corner location with high traffic count with 2 (potentially 3) ground level commercial spaces and 3 beautiful loft apartments above. Plenty on street public parking available and just steps from the seasonal Farmer's Market. Each residential loft is 2000 square feet and fully renovated. Two lofts have a rear deck/entry and designated parking (1 space per loft). Corner loft is accessed from side entry on 8th St. One loft unit is used as a STR. Huge potential in converting the remaining 2 loft apartments to short term rentals. Most units are currently occupied by long term tenants who already have 4+ years of occupancy and leases. Home to beloved and well established local businesses Hoity Toity and Mucho Mas. Building currently grosses over $117,000 annually.

Location, Location, Location!Bring your business & rent out the additional space. Large commercial (B2) investment opportunity for sale. Located three blocks from the Fast South Shore Train station. Building currently consists of two office spaces facing Franklin St (1416 & 1418), one tenant occupied rental, one office on Ripley St, two warehouse entrances with separate addresses (110-112 Ripley St) overhead doors in alley, loading dock, alley access, dry basements, courtyard and billboard rental. Survey completed Nov 2022. Building encompasses almost a half city block! This is a must see!!

Welcome to 415 W US Highway 20, Michigan City! This prime piece of real estate is the perfect location to expand or start your business. The two parcels totaling 2.98 acres and 4912 sq ft under roof, conveniently located just around the corner from the Michigan City EDC and office tower redevelopment project. The property offers a fenced back area and two flatbed trucks, making it ideal for a towing and auto center. Music Towing & Auto Center is currently open and has been operating for over 50 years! With an estimated daily traffic count of 56,063, the potential for this location is unlimited! Not to mention, the 2021 Income (Esri): Median Household Income is $50,701, adding great value to this property. Don't miss out, call today to schedule a showing!

Truffle's Pastry Shoppe 32 years of fine quality pasties!For Sale Turn Key w all equipment. ( Not the Name) Bring your baking business here and live in the upper level residence or rent it out.New Train Station less than 2 blocks away. Great opportunity to provide Coffee shop and pastries. Current owner to retire after 30+ years.This space can be utilize for any type of retail and or professional office space w an attached 4 car garage built in 2002. Main floor Bakery features Custom display cases for sales of product. Kitchen features walk in cooler & freezer (freezer needs work), large Middleby Marshall Baking Oven, prep tables sinks and more. Upper-level apartment feature Hardwood floors throughout, Custom Kitchen 14'x14', Dining room 10'x14', Master Bedroom 14'x14' w master bath, Jacuzzi Tub and His & Her sinks. Second bedroom 11'x15', Second Bath , Den - Piano room or 3rd bedroom 10x12.Lower level for storage of all sorts.New Roof Garage and new paint apartment & more.

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.

Special opportunity for a single investor or investment group to get in on this fine collection of rental homes in Michigan City, plus a few in Laporte. Featuring 40 total rental units and 2 lots. This is of the emerging housing markets in Northwest Indiana with the South Shore NICTD double tracking project and transit oriented development already taking place in Michigan City. These 26 SF residences, 3 duplexes, 2 four-unit buildings + 2 lots have been assembled by over multiple generations, and proudly maintained and improved. Tremendous cash flow and potential equity value upside with a buy/hold/divest plan. Given their condition, they've historically been very easy to lease. Good cap rate. Most units have W&D hookup, tenants supply own W&D. Tenants responsible for all utilities, which are separated even in the multi units. Landlord cares for the grass and landscape in the Multis, SF tenants care for their own lawns. POF/banker letter required.

Rare contiguous three lots on ideally situated corner with excellent visibility directly across from Lighthouse Place Premium Outlet mall, and within the historic Uptown Arts District and CBD of Michigan City. Current business (seasonal retail garden center, available separately) shows strong traffic and repeat customers. Existing building has approx 1705sf, with walk-in cooler, kitchen prep area, concrete floors and two roll-up garage doors to open plan, high-ceiling interior, that would make a dramatic dining area. New owner can purchase existing business and expand, or maximize the character of the site for outstanding restaurant location with excellent indoor/outdoor patio potential, or develop the lot to its full potential. Now that South Shore rail double-track project has been fully approved, this is an ideal investment site. Business and real estate available - #507190.