403 Franklin Street, Michigan City, IN 46360
$600,000
Property Type:
Commercial Sale
Square Footage:
2,900
Lot Size (sq. ft.):
3,198
Status:
Closed
Current Price:
$600,000
List Date:
8/09/2017
Last Modified:
2/24/2024
Overview
Description
Listing Details MLS# 420602
General Property Information
- Living Area
- 2900
- Building Area Source
- Assessor
- Year Built
- 1900
- Lot Size Acres
- 0.0734
- Lot Size Square Feet
- 3198
- Lot Size Dimensions
- 166ft x 100ft
- Stories
- 0
Property Features
Building Features:
Business District Location; Exterior Lighting; Patio; Other
Construction Materials:
Brick
Cooling:
Central Air; Exhaust Fan
Current Use:
Commercial
Flooring:
Carpet
Foundation Details:
Brick/Mortar
Heating:
Other
Interior Features:
Elevator
Listing Terms:
Cash; Conventional
Parking Features:
Paved; Private
Possible Use:
Commercial; Mixed Use; Multi-Family; Office; Other
Rail Availability:
None
Road Frontage Type:
City Street
Roof:
Flat; Membrane
Special Licenses:
Liquor
Tenant Pays:
None
Utilities:
Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected
Water Source:
Public
Showing Requirements:
24 Hour Notice
Contract Information
- Auction YN
- No
- Original List Price
- 750000
- Property Sub Type
- Retail
- Property Attached YN
- No
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Owner
Location Tax and Legal
- Street Number
- 403
- Street Name
- Franklin
- Street Suffix
- Street
- County
- La Porte
- State
- IN
- Postal Code
- 46360
- Subdivision Name
- Elstons
Remarks and Miscellaneous
- Public Remarks
- Great Opportunity as an Owner/User or Investor to purchase a historic downtown building, a large amount of downtown land and a three way liquor license currently used in operation. This property consists of 8 parcels and includes the three story building, the secondary sidebar building, patio area and off street parking area.
Status Change Information
- Major Change Timestamp
- 2018-03-29T11:40:40Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2018-03-29
- Offer Acceptance Date
- 2018-03-28
- Close Date
- 2018-03-29
- Close Price
- 600000
- Buyer Financing
- Cash
More Information
Exemption Information
- Exemption YN
- Y
Frontage Type
- Frontage Length
- 100
Income and Expenses
- New Taxes Expense
- 4047
- Electric Expense
- 0
- Gross Income
- 0
- Gross Scheduled Income
- 0
- Insurance Expense
- 0
- Maintenance Expense
- 0
- Manager Expense
- 0
- Net Operating Income
- 0
- Other Expense
- 0
- Professional Management Expense
- 0
- Sewer Expense
- 0
- Supplies Expense
- 0
- Total Actual Rent
- 0
- Trash Expense
- 0
- Water Expense
- 0
Showing Requirements
- Showing Instructions
- Please phone or email listing broker: (219) 877-4290.
- 24 Hour Notice
- Yes
Historical Information
- Public Historical Remarks
- Utilities: On, Parking: Public Parking
Location, Tax, and Legal
- Tax Legal Description
- Legal Description: E O S 39 FT N SD LT 1 BLK 18.
- Parcel Number
- 460129259010000022
- Township
- Michigan
- Directions
- North Franklin Street to 403 Franklin.
Construction Materials
- Brick
- Yes
Cooling
- Central Air
- Yes
- Exhaust Fan
- Yes
Flooring
- Carpet
- Yes
Foundation Details
- Brick/Mortar
- Yes
Heating
- Other
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Parking Features
- Paved
- Yes
- Private
- Yes
Road Frontage Type
- City Street
- Yes
Roof
- Flat
- Yes
- Membrane
- Yes
Utilities
- Electricity Available
- Yes
- Electricity Connected
- Yes
- Natural Gas Available
- Yes
- Natural Gas Connected
- Yes
- Sewer Connected
- Yes
Water Source
- Public
- Yes
Auction
- Minimum Opening Bid
- 0
- Buyer Premium Amount
- 0
Tenant Pays
- None
- Yes
Current Use
- Commercial
- Yes
Possible Use
- Commercial
- Yes
- Mixed Use
- Yes
- Multi-Family
- Yes
- Office
- Yes
- Other
- Yes
Building Features
- Business District Location
- Yes
- Exterior Lighting
- Yes
- Patio
- Yes
- Other
- Yes
Rail Availability
- None
- Yes
Special Licenses
- Liquor
- Yes
Listing Office:
Christopher Michael Properties
Last Updated: February - 24 - 2024
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