2814 Franklin St - Office FOR SALE


Michigan City, IN 46360
$749,000 USD
312-446-7059
2814 Franklin St, Michigan City, IN for Sale
$749,000 USD
Office - FOR SALE
1/24
null | Request Cap Rate

2814 Franklin St
Michigan City, IN 46360


HIGHLIGHTS

  • 3,960 SF office building
  • Full remodel in 1994
  • Move-in ready
  • Large parking lot with 27 spaces
  • Spacious waiting room

OVERVIEW

Move-In Ready Office Building along Franklin St in the Beautiful Edgewood Neighborhood! Solidly built of CMU Block, brick, and stucco. The owners hired an architect and a professional interior designer when performing a full remodel in 1994. The large parking lot with 27 spaces and multiple points of ingress/egress is a rare find and a major highlight of the property. Enter a spacious waiting room and reception area with 3 reception windows. Skylights provide ample light and an open feel through the halls. A total of 10 offices, with two large enough for conference use. Between the hall and the reception area are two small testing rooms. Additional storage rooms for maximum organization and secure storage of sensitive documents. The utility room has interior and exterior access for easy building maintenance. The building is ADA-compliant with two ADA bathrooms and easy ramp access from the parking lot. Employees can enjoy use of the break area and designated employee bathroom. A new vinyl roof and underlayment insulation in 2016, plus an IB roof coating in 2024, ensure years more of useful life. The landscaping and grass are all irrigated. The building has an active security system through Sentinel Alarm. The building layout allows for the potential of multiple tenants.

FOR SALE DETAILS

PRICE

$749,000 USD

PRICE/SF

$189 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,213 SF

ZONING

B2

APN/PARCEL ID

46-01-33-312-022.000-022

ASK ABOUT THIS PROPERTY

Lori TubbsLori A Tubbs Development & ConsultingMore Info
312-446-7059

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Lori TubbsLori A Tubbs Development & ConsultingMore Info
312-446-7059

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