1108 franklin Street, Michigan City, IN 46360

$650,000
Property Type: Commercial Sale Square Footage: 9,449 Lot Size (sq. ft.): 30,868 Status: Closed
Current Price: $650,000 List Date: 5/27/2020 Last Modified: 2/24/2024

Overview

Description

This building is currently being used as the Moose Lodge. Would make a great restaurant, sports bar, or night club. There is a four lane bowing alley in the basement. A second bar and entertainment area is also located in the basement. You could have two different activities going on at the same time. This is across the street from the new purposed train station and double set of railroad tracks. This building could be used for many different uses, with zoning approval. Public bus service is available.

Listing Details MLS# 475137

General Property Information

Living Area
9449
Building Area Source
Assessor
Accessibility Features YN
Yes
Year Built
1900
Lot Size Acres
0.7086
Lot Size Square Feet
30868
Lot Size Dimensions
irregular
Waterfront YN
No
Stories
Yes

Property Features

Building Features: Acoustical Ceiling(s); Business District Location; Enclosed Stair(s); Exercise Room; Meeting Room; Passenger Elevator(s); Public Restrooms; Suspended Ceiling(s); Other Construction Materials: Block; Brick; Concrete; Other Cooling: Central Air; Exhaust Fan; Zoned Current Use: Commercial; Recreational Electric: 200+ Amp Service; 220 Volts; Circuit Breakers; Fuses Flooring: Concrete; Parquet; Vinyl; Other Foundation Details: Block; See Remarks Frontage Type: Other Heating: Ceiling; Forced Air; Natural Gas; Zoned Interior Features: Elevator Listing Terms: Cash; Conventional Lot Features: Corner Lot; Near Public Transit Parking Features: Gated; Lighted; Open; Paved; Unpaved Possession: Other Possible Use: Commercial; Office; Place of Worship; Recreational; Warehouse; Other Rail Availability: None Road Frontage Type: City Street Roof: Barrel; Membrane; Rubber Security Features: Fire Alarm; Fire Hydrant On Site; Fire Sprinkler System; Security Lights; Security System Tenant Pays: None Utilities: Cable Available; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Phone Available; Sewer Connected Water Source: Public Showing Requirements: 24 Hour Notice

Contract Information

Auction YN
No
Original List Price
750000
Property Sub Type
Mixed Use
Listing Agreement
Exclusive Right To Sell
Owner Name
Loyal Order of Moose 980
Occupant Type
Owner

Location Tax and Legal

Street Number
1108
Street Name
franklin
Street Suffix
Street
County
La Porte
State
IN
Postal Code
46360
Subdivision Name
Michigan City Land Companys

Remarks and Miscellaneous

Public Remarks
This building is currently being used as the Moose Lodge. Would make a great restaurant, sports bar, or night club. There is a four lane bowing alley in the basement. A second bar and entertainment area is also located in the basement. You could have two different activities going on at the same time. This is across the street from the new purposed train station and double set of railroad tracks. This building could be used for many different uses, with zoning approval. Public bus service is available.

Status Change Information

Major Change Timestamp
2024-02-18T02:05:41Z
Major Change Type
Price Reduced
Price Change Timestamp
2024-02-18T02:05:41Z
Status Change Timestamp
2021-09-10
Offer Acceptance Date
2021-05-21
Close Date
2021-09-10
Close Price
650000
Concessions
No
Buyer Financing
Cash

More Information

Building Features

Building Dimensions
irregular
Number of Offices
Yes
Office SqFt
120

Exemption Information

Exemption YN
Y
Exemptions
yes

Income and Expenses

Electric Expense
3000
Expense Year
2019

Showing Requirements

Showing Instructions
Please give 24 hour notice and showing times between 9 and 1

Historical Information

Public Historical Remarks
Utilities: On, Frontage Access: Public Road,Stop Sign Intersect, Utilities: Storm Sewer Avail., Fire Protect: Fire Extinguishers
Listing Office: McColly Real Estate
Last Updated: February - 24 - 2024
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2024 Triangle MLS, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.