4121 S Franklin St - Office FOR SALE


Michigan City, IN 46360
$799,000 USD
219-363-1117
4121 S Franklin St, Michigan City, IN for Sale
$799,000 USD
Office - FOR SALE
1/34
null | 8.3% Cap Rate

4121 S Franklin St
Michigan City, IN 46360


HIGHLIGHTS

  • Three entrances support multi-tenant or hybrid use
  • 24 on-site parking spaces with easy ingress/egress
  • Lighted marquee signage enhances street visibility
  • New LED lighting and rear deck for modern comfort
  • Dual HVAC systems with separate meters for efficiency
  • Located near I-94 with 23,000 daily traffic count

OVERVIEW

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 enjoys 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

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$208 USD /SF

CAP RATE

8.3%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Day Care Center, Medical, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1984

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.51 AC

LAND SF

22,386 SF

ZONING

B-2

APN/PARCEL ID

46-05-08-226-013.000-009

ASK ABOUT THIS PROPERTY

Annette McIntyreRealty Executives PremierMore Info
219-363-1117

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Annette McIntyreRealty Executives PremierMore Info
219-363-1117

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