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$ 1,399,000
Est. payment /mo
Price Dropped by $100K
0 Franklin St Michigan City, IN 46360
1 SqFt
UPDATED:
Key Details
Property Type Vacant Land, Commercial
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 1 sqft
Price per Sqft $1,399,000
MLS Listing ID 834470
Year Built 1800
Annual Tax Amount $1,290
Tax Year 2025
Lot Size 1.720 Acres
Acres 1.72
Property Sub-Type Unimproved Land
Property Description
Prime Commercial Opportunity - Highway 421 (Franklin Street). Exceptional 1.72-acre corner lot located directly on highly traveled Highway 421 (Franklin Street) in the heart of Michigan City's primary retail corridor. This property offers excellent visibility, strong traffic counts, and easy access, making it ideal for retail, hospitality, restaurant, medical, or service-oriented development. The site is surrounded by major national retailers including Walmart Supercenter, Meijer, Lowe's Home Improvement, Menards, Hobby Lobby, TJ Maxx, R.P. Home & Harvest, Kohl's, and many others--creating a powerful retail draw and steady consumer traffic. Strategically positioned with 14 hotels within a one-mile radius and just minutes from the I-94 interchange, the location captures both local and interstate traffic. 1.2 acres development-ready at the front of the parcel Strong corner presence High-growth commercial corridor Excellent accessibility With approximately 3.3 million annual visitors, Michigan City continues to establish itself as a regional destination. The area is currently experiencing nearly 2 billion in ongoing and planned development, along with new residential communities under construction--driving additional demand and long-term growth. This is one of the last remaining commercial land opportunities on Franklin Street. contact us for more information.
Location
State IN
County La Porte
Zoning Commercial
Interior
Heating Other
Fireplace N
Exterior
Exterior Feature Other
View Y/N true
View true
Building
Lot Description Corner Lot, Rectangular Lot, Few Trees
Others
Tax ID 460509300012000009
Acceptable Financing NRA20260224200741664321000000
Listing Terms NRA20260224200741664321000000
Listed by Coldwell Banker Real Estate Gr • Zakaria Elhidaoui