2323-2325 Wabash Street, Michigan City, IN 46360
$649,000
Property Type:
Commercial Sale
Square Footage:
9,381
Lot Size (sq. ft.):
4,792
Status:
Active
Current Price:
$649,000
List Date:
10/24/2025
Last Modified:
10/24/2025
Overview
Description
Listing Details MLS# 829825
General Property Information
- Number Of Units Total
- 3
- Living Area
- 9381
- Building Area Source
- Assessor
- Year Built
- 1925
- Parking Total
- 50
- Lot Size Acres
- 0.11
- Lot Size Square Feet
- 4791.6
- Lot Size Source
- Assessor
- Waterfront YN
- No
- Basement YN
- Yes
- Stories
- 2
Property Features
Appliances:
Dishwasher; Dryer; Freezer; Gas Range; Gas Water Heater; Microwave; Range Hood; Refrigerator; Stainless Steel Appliance(s); Washer; Water Heater
Basement:
Storage Space; Unfinished
Building Features:
Courtyard; Multi Tenant; Patio; Private Restrooms
Business Type:
Bar/Tavern/Lounge
Construction Materials:
Brick; Stone; Vinyl Siding
Cooling:
Ceiling Fan(s); Central Air
Current Use:
Retail
Electric:
200+ Amp Service
Exterior Features:
Private Yard
Flooring:
Carpet; Concrete; Hardwood; Laminate; Tile; Vinyl
Heating:
Forced Air; Natural Gas
Laundry Features:
Upper Level
Listing Terms:
Cash; Conventional; Owner Assisted
Lock Box Information:
Combo
Lot Features:
Corner Lot; Few Trees; Near Public Transit; Private
Owner Pays:
All Utilities; Common Area Maintenance; HVAC Maintenance; Insurance; Management; Roof Maintenance; Snow Removal; Taxes; Trash Collection
Parking Features:
Additional Parking; Attached; Garage Door Opener; Garage Faces Rear; Gravel; Off Street; On Street; Paved
Possession:
Close Of Escrow
Possible Use:
Commercial; Investment; Office; Place of Worship; Retail
Rail Availability:
None
Roof:
Composition; Shingle
Security Features:
Carbon Monoxide Detector(s); Smoke Detector(s)
Sewer:
Public Sewer
Special Licenses:
Gambling; Liquor
Special Listing Conditions:
None
Tenant Pays:
None
Utilities:
Cable Connected; Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Water Source:
Public
Contract Information
- Auction YN
- No
- Original List Price
- 649000
- Property Sub Type
- Mixed Use
- Listing Agreement
- Exclusive Right To Sell
- Seller to consider offering concessions
- Yes
- Occupant Type
- Owner
Location Tax and Legal
- Street Number
- 2323-2325
- Street Name
- Wabash
- Street Suffix
- Street
- County
- La Porte
- State
- IN
- Postal Code
- 46360
Remarks and Miscellaneous
- Public Remarks
- Be a part of Michigan City History. The Stadium Inn is one of the oldest and respected establishments in Michigan City. Restaurant and Bar with 2 leased apartments upstairs. Walk-in cooler, freezer, coolers in the bar area, True Refrigerator in kitchen as well as stove, oven, hood, and deep fryer. Roof is 2 to 5 years old. There are 3 new water heaters for building. Bar features 3 way liquor license, out door patio, all POS equipment included, incremental income on 3rd party juke box, pool table, dart machines, cash station. Pull tab sales also. Owner currently occupies 1 upstairs unit. Large parking lot behind building. Call today for a showing.
Status Change Information
- Major Change Timestamp
- 2025-10-24T18:02:42Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2025-10-24
More Information
Building Features
- Number of Offices
- Yes
- Overhead Doors
- Yes
Exemption Information
- Exemption YN
- No
Income and Expenses
- Electric Expense
- 3000
- Total Actual Rent
- 750
Showing Requirements
- Showing Instructions
- Use ShowingTime or call Listing Agents. 24-48 Hour Notice required for showings.
Listing Office:
Century 21 Alliance Group
Last Updated: October - 24 - 2025
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