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

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.

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
Waterfront YN
No

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

Showing Requirements

Showing Instructions
Please phone or email listing broker: (219) 877-4290.

Historical Information

Public Historical Remarks
Utilities: On, Parking: Public Parking
Listing Office: Christopher Michael Properties
Last Updated: February - 24 - 2024
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