0 Franklin Street, Michigan City, IN 46360

$1,399,000
Property Type: Commercial Sale Square Footage: 2 Lot Size (sq. ft.): 74,923 Status: Active
Current Price: $1,399,000 List Date: 6/30/2026 Last Modified: 7/01/2026

Overview

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, Lowes 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, Mich ...

Listing Details MLS# 841491

General Property Information

Living Area
1.72
Building Area Source
Assessor
Year Built
1800
Lot Size Acres
1.72
Lot Size Square Feet
74923.2
Lot Size Source
Assessor
Waterfront YN
No
Basement YN
No

Property Features

Building Features: Business District Location Business Type: Other Construction Materials: Other Cooling: None Current Use: Commercial; Vacant Electric: Other Exterior Features: Other Flooring: Other Heating: Other Listing Terms: Cash Lot Features: Corner Lot; Few Trees; Rectangular Lot Owner Pays: Other Possession: Close Of Escrow Possible Use: Commercial Rail Availability: None Roof: Other Sewer: Public Sewer Special Listing Conditions: Standard Tenant Pays: Other Utilities: Electricity Available; Natural Gas Available; Sewer Available; Water Available Water Source: Public

Contract Information

Auction YN
No
Original List Price
1399000
Property Sub Type
Unimproved Land
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant

Location Tax and Legal

Street Name
Franklin
Street Suffix
Street
County
La Porte
State
IN
Postal Code
46360

Remarks and Miscellaneous

Public Remarks
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, Lowes 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 today for more information.

Status Change Information

Major Change Timestamp
2026-06-30T17:52:03Z
Major Change Type
New Listing
Status Change Timestamp
2026-06-30

More Information

Exemption Information

Exemption YN
No
Listing Office: @properties/Christie's Intl RE
Last Updated: July - 01 - 2026
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