Ignite FB Tracking Pixel731 Franklin Street, Michigan City, IN 46360 - Cathy Hicks
BHHS Executive Realty
Cathy Hicks, BHHS Executive RealtyPhone: (219) 306-7696
Email: [email protected]
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listing
1 of 75
CommercialFor Sale
$1,075,000
731 Franklin Street
Michigan City, IN 46360
Courtesy of @properties/Christie's Intl Re
MLS: Northwest Indiana REALTORS® Association Multiple Listing Service
12,000Sq Ft
Est. Mortgage
$5,649/mo

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.

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Listing information © 2024 Northwest Indiana REALTORS® Association Multiple Listing Service. Listing courtesy of @properties/Christie's Intl Re
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