1416-1418 Franklin St - Storefront Retail/Residential FOR SALE


Michigan City, IN 46360
$649,000 USD
312-804-2193
1416-1418 Franklin St, Michigan City, IN for Sale
$649,000 USD
Storefront Retail/Residential - FOR SALE
1/37
null | Request Cap Rate

NEW


1416-1418 Franklin St
Michigan City, IN 46360


OVERVIEW

his 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.

FOR SALE DETAILS

PRICE

$649,000 USD

PRICE/SF

$72 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

ADD'L SUBTYPES

Storefront, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.43 AC

LAND SF

18,691 SF

ZONING

B2

APN/PARCEL ID

46-01-32-229-011.000-022

ASK ABOUT THIS PROPERTY

Vince KisalaColdwell Banker Real Estate GroupMore Info
312-804-2193

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Vince KisalaColdwell Banker Real Estate GroupMore Info
312-804-2193

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.