The median home value in Michigan City, IN is $375,000.
This is
higher than
the county median home value of $173,181.
The national median home value is $308,980.
The average price of homes sold in Michigan City, IN is $375,000.
Approximately 53% of Michigan City homes are owned,
compared to 31% rented, while
16% are vacant.
Michigan City real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Michigan City real estate agent to arrange a tour today!
Learn more about Michigan City.
This Versatile Building, previously a Real Estate Office for 40 years, Boasts an Impressive 3,840 square & features three Separate Entrances - allowing for more than one Business to Occupy. Perfectly situated on a spacious 1/2 Acre Lot (150 ft. of Frontage), the Property has Excellent Visibility includes 24 Designated Parking Spaces and a Lighted Marquee which Enhances its Visibility even further!! The Building has 11 Offices with New LED Lighting, 2 Restrooms, Spacious Entrance Foyer & Waiting Area, Sizable Meeting/Gathering Room or Break Room, New Deck in the back allows for Outdoor Breaks plus it is Equipped with two Furnaces and two Central Air Conditioning Units ~ each with its Own Meter's. Conveniently Located near I-94 & within an Established Shopping Area of Michigan City this location enjoy's an Annual Average Daily Traffic Count of approximately 23,000, Guaranteeing Excellent Exposure for your Business Endeavors. Building is currently being Utilized as a School. This Property has been Meticulously Maintained and is in Excellent Condition Both Inside and Out...
With nearly 3,000 square feet of living space and a lofted 6-car garage, this fully gutted three-story property offers endless potential! Stripped down to the studs, it's a true blank canvas ready for your vision. Zoned B2, it can stay a single family home, or be converted into a multi-unit or mixed-use property to generate additional income. Conveniently located near the upcoming Franklin at 11th Street Train Station and the new Dunkin' Donuts, this property sits in the heart of a rapidly growing area. Bring your creativity and transform this space into your dream home or next great investment opportunity!
BEAUTIFULLY PRESENTED, VIBRANT LOCATION for this prized gem in your investment portfolio boasting a 9 percent cap rate. A low-maintenance, 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 2022 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. Long-term tenants have already established a solid foundation, providing a steady income stream from day one. Feel secure with an optometry practice established in 1924 and an innovative salon as successful, long-term tenants providing reliability, securing this property's status as an exceptionally high return. Join the ranks of visionary investors who recognize this prime location and claim your stake in the future of Michigan City!
Endless possibilities! Formerly used as a church / theater, this huge property in Michigan City is ready for your ideas! Located in residential neighborhood. Zoning states C/I Building C 01 but initial discussions with city discussed for potential residential use (Airbnb or duplex). Please do your own diligence for use. All belongings will be left at sale (including pews)
Be a part of Michigan City History. The Stadium Inn is one of the oldest and respected establishments in Michigan City. Restaurant and Bar with 2 leased apartments upstairs. Walk-in cooler, freezer, coolers in the bar area, True Refrigerator in kitchen as well as stove, oven, hood, and deep fryer. Roof is 2 to 5 years old. There are 3 new water heaters for building. Bar features 3 way liquor license, out door patio, all POS equipment included, incremental income on 3rd party juke box, pool table, dart machines, cash station. Pull tab sales also. Owner currently occupies 1 upstairs unit. Large parking lot behind building. Call today for a showing.
FANTATIC OPPORTUNITY! LARGE PARCEL, on a 3-way corner with 2 buildings. This is B-2 zoning, located in the town of Pines, IN. This area is booming! Located in the heart of The Dunes National Park on the main throughfare, US 12. It's only minutes to Mount Baldy, area beaches, Blue Chip Casino and the Lighthouse Mall. Building and property are blank canvases, All need attention. This is a rear opportunity to create your own vision.
100 Anchor Road is a multi-tenant or single-tenant industrial/flex facility located in the heart of Michigan City's commercial corridor. Offering a rare combination of heavy infrastructure, flexible layout, and excellent highway access, the property is ideal for manufacturing, distribution, and service operations. Gross lease includes utilities and taxes. Details: Total Building - 52,016 SF Office Space - 10,500 SF Loading - Four Docklevelers, One Manual Lift, 3 Overhead Doors Ceiling Height - 16'-20' Clear Parking - 103 stalls Power - 1600A /480V/ 3-P with multiple transformers & sub panels
Prime Downtown Mixed-Use Building in the Arts District! Outstanding opportunity to own a 10-unit building right in the heart of the vibrant Arts District. The property features three street-level commercial spaces -- two versatile office/retail storefronts and one restaurant space with established infrastructure. Upstairs, you'll find seven unique apartments, each with its own character and layout, offering a mix of options for tenants seeking something distinctive. With a mix of 0pen loft-style stuidos and one-bedroom units, these apartments attract long-term renters who value individuality and prime downtown living. The building sits on a highly visible block surrounded by galleries, shops, and restaurants, making it a sought-after location for both commercial and residential tenants. Strong income from a diverse range of tenants make this a great investment opportunity.
This Commercial Condo Unit has great visibility in a well maintained medical plaza. It features 9 private office rooms and open office spaces. Front and rear entrances. Staff parking in the rear and customer parking in the front. Located in established Business Park in downtown Michigan City area. Existing layout has 9 offices and 2 large open areas. Property is located in Enterprise Zone.
Located in the heart of downtown Michigan City, 600 Wabash Ave offers a flexible commercial space currently occupied by Lighthouse Restaurant. The layout is well-suited for dining or other retail uses, featuring an inviting interior and a dedicated outdoor seating area. With its strong location and adaptable footprint, this property presents a range of possibilities for the next owner or operator or investor. Reach out to an agent for more high level data.
Investment Opportunity - 6 Turnkey Single-Family Homes in Michigan CityDiscover an incredible investment opportunity in the heart of Michigan City! This unique portfolio features six single-family homes, each offering 2 bedrooms and 1 full bathroom. Perfect for investors seeking reliable cash flow, short-term rental possibilities, or a long-term growth strategy. Rents in the area are going for significantly more so the potential for gains is awesome.Each unit is designed for comfort and functionality, featuring updated interiors, efficient layouts, and ample natural light. Whether you're a seasoned investor or just entering the real estate market, this portfolio offers strong rental potential in a growing and desirable area.
Commercial Lot in Michigan City - Nearly 0.9 AcresLocated on the corner of W Garfield Street and Logansport, this level, nearly 0.9-acre parcel is zoned commercial and offers excellent potential for development. With access to city water, sewer, and natural gas, it's a great opportunity for small business owners, contractors, or investors looking to build office space, storage, or a workshop.Situated just west of Ohio Street, this property offers flexibility and convenience in an established area of Michigan City.Buyer to verify zoning and intended use with the city.
Prime Automotive Lot for Sale - Turnkey Opportunity in Michigan City, IN!!Outstanding opportunity to own a high-visibility automotive lot in the heart of Michigan City! This paved property is ideally suited for a car dealership, auto repair business, or vehicle rental operation. Situated along a major thoroughfare with excellent daily traffic counts, the site offers exceptional exposure and signage visibility.The lot includes: Large open sales/display area On-site office building Zoned and approved for automotive sales and services Utilities connected: water, sewer, electric Ample lighting Easy access to I-94, US-20, and downtown Michigan City Just minutes from local shopping, dining, and Lake Michigan shorelineWhether you're expanding your current operation or launching a new dealership, this property provides the ideal mix of location, visibility, and functionality.Don't miss out on this rare automotive-use property - schedule a private showing today!
Prime Commercial Land - Exceptional Opportunity in Michigan City!Seize this one-of-a-kind development opportunity right next to the Blue-Chip Hotel, Spa & Casino, sitting at the high-traffic corner of Highway 12 and Cook Street. This prime commercial lot is across from Burn 'Em Brewing and just minutes from the beautiful Lake Michigan beaches, Prime Outlets and the Uptown Arts District.Positioned in the heart of Michigan City's vibrant growth corridor, this location is ideal for a wide range of commercial ventures--from retail or dining to mixed-use development. You're just moments away from the brand-new South Shore Double Track train station, offering express service to downtown Chicago in just 60 minutes.Key Highlights:High Visibility Corner Lot - Heavy traffic area for maximum exposureImmediate Proximity to Major Attractions - Casino, brewery, beaches, and cultural districtTransit-Oriented Location - Near new train station and major transportation upgradesIncentives Available - Development support from Michigan City and LaPorte CountyPart of a Multi-Million Dollar Growth Zone - Invest where the future is already being builtWhether you're planning a flagship business, restaurant, retail hub, or multi-use development, this property offers a powerful foundation for success. Don't miss out--bring your vision to life in one of Northwest Indiana's fastest-growing markets!
Unlock nearly 5,000 sq ft of potential in the heart of Michigan City--right where you want to be!The upper level, previously used as a sanctuary, includes two designated office spaces and a storage room. The lower level, which would be excellent for gatherings or events, features a large open space, restrooms, and a kitchen. A two-bedroom apartment with its own exterior entry door is also accessible from this floor. Both levels boast high ceilings and an abundance of natural light.Now let's talk about the location! This high-visibility property is just steps from the new Double Track Commuter Station, sure to attract daily commuters. It's also within walking distance to The Franklin at 11th Street Station--a 12-story, mixed-use development. You'll also attract the attention of locals, as this property is directly across from the YMCA, Gill football field, tennis courts and one block from our busiest corridor, Franklin Street.Enjoy close proximity to the scenic shores of Lake Michigan, the vibrant Uptown District, known for its unique restaurants, Farmers Market and boutique shopping. Bring your vision and capital--this is your opportunity to create something extraordinary in a thriving and evolving community! As a bonus, properties in this district have access to powerful local improvement grants and tax incentives!
This commercial property has 130' of frontage on highly trafficked Franklin Street, just north of Highway 20. Currently set up as a large restaurant, it features a bright entrance foyer and waiting area with seating for 12 and 3 indoor dining rooms plus a 3-season room with ceiling heaters. All dining rooms feature stone gas fireplaces. Three beverage/server stations, a large dish pit room, a 12-seat bar, and substantial kitchen space, along with 2 walk-ins and basement leave potential for many dining options. 3-way liquor license available with acceptable offer. Property also listed for lease; see MLS #826377.
Great opportunity to own a turnkey bar/restaurant and well maintained apartment! This fully outfitted bar and restaurant is currently operated by a much beloved local business and has everything you need including a new refrigeration system as of 2021, new AC unit installed in the apartment in 2024, and the west wall was fully tuck pointed in 2024. The building is situated on a great corner lot with its own parking lot in a high traffic area. The open concept and ample square footage allows for it to be converted to virtually any type of business. The bright, open concept 3 bedroom 1 bathroom apartment upstairs also has long term, reliable tenants for additional income or you can work downstairs and live above. The price includes a 2-way liquor license, and almost all kitchen/bar equipment and inventory. This is a great package in a great and ever growing city!Tuck pointing done on west wall in 2024New AC unit installed in the upstairs apartment in 2024New multi-unit refrigeration installed in restaurant in 2021
DEVELOPMENT AND INVESTMENT OPPORTUNITY! Located in MICHIGAN CITY ENTERPRISE ZONE AND OPPORTUNITY ZONE. Zoned R3B (Multi-Unit, Mixed Use).TIF dollars are available. Building and .62 acres are located at the intersection of Michigan Boulevard & Pine Street. The building was previously the Social Security office and is currently used as a church. It has a blacktop parking lot with 20 parking places. The property sits within walking distance to Lake Michigan, theOutlet Mall, Trail Creek Marina and Blue Chip Casino.
Highly desirable property with options. Currently, this building is also being offered for Lease. The highest and best use would be offices for mid to large offices/ businesses. Average price $12.00 per sq ft annually. This property would be ripe for conversion into apartments/lofts on the second floor, commercial retail on the first floor, and developing of the parking lot. This area is best suited for Mixed-use. See attached survey. This building is 4 blocks to the train with the new double track, express train to Chicago and all the new residential and commercial development that is currently on the way. Michigan City is set to be the next "it spot" and is only 1 hr. from Chicago and 20 mins to Michigan. 1.2 miles from Lake Michigan. This Lakefront community is poised to be the place to be. The building has 600AMP service and is located in a TIF and opportunity zone. Facade grants are available. Future restaurant owners or tenants can also obtain a 3-way liquor license. Don't miss this opportunity.
PRIME ACCESSIBILITY & ROOM TO GROW Exceptional opportunity to establish or expand your business in this modern, flexible space -- ideal for an ophthalmology or dental office, veterinarian clinic, or bank, as well as other professional uses. Featuring a functional layout with multiple patient rooms, a large lobby, lab, and break room, this property is perfectly suited for one or two professionals. Situated on just under 4.5 acres with 20+ parking spaces and ample room for future expansion, it offers convenience and visibility near Highway 421 and I-94, providing easy access to Chicago and surrounding Northwest Indiana communities. Nearby dining and retail options make daily operations seamless, while the property's contemporary design creates a sophisticated and welcoming environment for both clients and staff. A truly strategic, high-visibility location for your growing business!
3.5 acres commercial lot on highway 20, this is one of the most desirable commercial sites in Michigan City, there is an existing vacant Motel building on the land, if you are in the motel business, this is your chance to renovate this Motel to meet the city requirements / code and start making money, if you are in a different business the options are endless, environment study already done along with stake survey, seller will consider leasing the Motel or the ground, call for more details, forgot to mention that there is a billboard on site bringing extra money every month.
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