326 Us-20, Michigan City, IN 46360
$1,450,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
152,460
Status:
Active
Current Price:
$1,450,000
List Date:
7/30/2024
Last Modified:
3/31/2026
Overview
Description
Listing Details MLS# 807715
General Property Information
- Building Area Source
- Owner
- Year Built
- 1952
- Parking Total
- 60
- Lot Size Acres
- 3.5
- Lot Size Square Feet
- 152460
- Lot Size Source
- Assessor
- Lot Size Dimensions
- irreg
- Waterfront YN
- No
- Basement YN
- No
- Number Of Units Total
- 0
Property Features
Building Features:
Other
Current Use:
Vacant
Electric:
Other
Exterior Features:
Other
Flooring:
Carpet; Concrete
Foundation Details:
Slab
Frontage Type:
Other; See Remarks
Listing Terms:
Cash; Conventional
Lot Features:
Rectangular Lot
Owner Pays:
All Utilities; Taxes
Possession:
Close Of Escrow
Possible Use:
Automotive; Commercial; Development; Medical/Dental; Other
Rail Availability:
None
Road Frontage Type:
Highway
Roof:
Shingle
Sewer:
Public Sewer
Special Licenses:
Other
Special Listing Conditions:
Standard
Tenant Pays:
Other
Utilities:
Electricity Connected; Natural Gas Connected; Sewer Connected; Water Connected
Water Source:
Public
Showing Requirements:
No Lockbox; Showing Service
Contract Information
- Auction YN
- No
- Original List Price
- 1600000
- Property Sub Type
- Hotel-Motel
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Vacant
Location Tax and Legal
- Street Number
- 326
- Street Name
- Us-20
- County
- La Porte
- State
- IN
- Postal Code
- 46360
Remarks and Miscellaneous
- Public Remarks
- 3.5 acres commercial lot on highway 20, this is one of the most desirable commercial sites in Michigan City, there is an existing vacant Motel building on the land, if you are in the motel business, this is your chance to renovate this Motel to meet the city requirements / code and start making money, if you are in a different business the options are endless, environment study already done along with stake survey, seller will consider leasing the Motel or the ground, call for more details, forgot to mention that there is a billboard on site bringing extra money every month. Owner finance.
Status Change Information
- Major Change Timestamp
- 2025-01-27T22:05:13Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2025-01-27T22:05:13Z
- Status Change Timestamp
- 2024-07-30
More Information
Exemption Information
- Exemption YN
- No
Frontage Type
- Frontage Length
- 300'
- Other
- Yes
- See Remarks
- Yes
Showing Requirements
- Showing Instructions
- schedule on line
- No Lockbox
- Yes
- Showing Service
- Yes
Location, Tax, and Legal
- Tax Annual Amount
- 3814.64
- Tax Year
- 2023
- Tax Legal Description
- 13-05-04-377-002 IN E 1/2 SW 1/4 CMG 1300 FT E OF SW COR SW 1/4 S4 T37 R4. 3.5 A
- Parcel Number
- 460504377002000009
- Additional Parcels YN
- No
- Zoning Description
- Commercial
- Township
- Michigan
- Directions
- on High way 20 right across from Vontobels
- Cross Street
- Vontobels
Electric
- Other
- Yes
Exterior Features
- Other
- Yes
Flooring
- Carpet
- Yes
- Concrete
- Yes
Foundation Details
- Slab
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Rectangular Lot
- Yes
Possession
- Close Of Escrow
- Yes
Road Frontage Type
- Highway
- Yes
Roof
- Shingle
- Yes
Sewer
- Public Sewer
- Yes
Special Listing Conditions
- Standard
- Yes
Utilities
- Electricity Connected
- Yes
- Natural Gas Connected
- Yes
- Sewer Connected
- Yes
- Water Connected
- Yes
Water Source
- Public
- Yes
Owner Pays
- All Utilities
- Yes
- Taxes
- Yes
Tenant Pays
- Other
- Yes
Current Use
- Vacant
- Yes
Possible Use
- Automotive
- Yes
- Commercial
- Yes
- Development
- Yes
- Medical/Dental
- Yes
- Other
- Yes
Building Features
- Other
- Yes
Rail Availability
- None
- Yes
Special Licenses
- Other
- Yes
Listing Office:
Coldwell Banker Real Estate Gr
Last Updated: March - 31 - 2026
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