403 Lake Shore Drive, Michigan City, IN 46360
$849,000
Property Type:
Land
Lot Size (sq. ft.):
23,522
Status:
Active
Current Price:
$849,000
List Date:
8/29/2025
Last Modified:
2/19/2026
Overview
Description
Listing Details MLS# 541641
General Property Information
- Lot Size Acres
- 0.54
- Lot Size Square Feet
- 23522
- Lot Size Source
- Assessor
- Lot Size Dimensions
- 100x235
- Association YN
- No
- Waterfront YN
- Yes
- Water Body Name
- Lake Michigan
- List Price/Acre
- 1572222.22
Property Features
Current Use:
Unimproved; Other
Development Status:
Proposed; Raw Land; Other
Listing Terms:
Cash; Conventional
Lot Features:
Corner Lot
Possession:
Close Of Escrow
Possible Use:
Commercial; Development; Investment; Mixed Use; Multi-Family; Residential; Retail; Unimproved; Vacant; Other
Road Frontage Type:
City Street
Sewer:
None
Utilities:
Natural Gas Available; Sewer Available; Water Available
View:
Lake; Water
Water Source:
Public
Waterfront Features:
Lake Privileges
Contract Information
- Auction YN
- No
- Original List Price
- 1000000
- Property Sub Type
- Unimproved Land
- Lease Considered YN
- No
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Vacant
Location Tax and Legal
- Street Number
- 403
- Street Name
- Lake Shore
- Street Suffix
- Drive
- County
- La Porte
- State
- IN
- Postal Code
- 46360
- Subdivision Name
- N/A
Remarks and Miscellaneous
- Public Remarks
- PRIME LAND & LOCATION FOR LAKE SHORE DRIVE DEVELOPMENT- Opportunity like this does not present itself often! Featuring the only B-1 Neighborhood Commercial Zoned lot in the area, and located in an Opportunity Zone, this half acre parcel situated along the magnificent shores of Lake Michigan is something to truly be excited about! This special lot is located in the Region's steadily evolving landscape here in Michigan City, with great potential for a Mixed Use Commercial/Residential Development. More information available upon request and approval. Opportunity awaits at 403 Lake Shore Drive!
Status Change Information
- Major Change Timestamp
- 2025-08-29T15:56:48Z
- Major Change Type
- Back on Market
- Price Change Timestamp
- 2024-07-22T16:34:07Z
- Status Change Timestamp
- 2025-08-29
- Back on Market Date
- 2025-08-28
More Information
Exemption Information
- Exemption YN
- Y
Frontage Type
- Frontage Length
- 100.17
Showing Requirements
- Showing Instructions
- Go & Show. Please provide feedback.
Historical Information
- Public Historical Remarks
- Zoining: COMM, No Septic Tank: No, No Well: No
Location, Tax, and Legal
- Tax Annual Amount
- 0
- Tax Year
- 2022
- Tax Assessed Value
- 112000
- Tax Legal Description
- Legal Description: 42-01-21-314-035 PCE IN MID PT W 1/2 SW 1/4 S21 T38 R4 .109 AC & 42-01-21-314-001 IN FRL NW 1/4 SW 1/4 S21 T38 R4 .3992 AC
- Parcel Number
- 460121314035000022
- Zoning Description
- Commercial
- Township
- Michigan
- Directions
- US-12 to Washington Park Blvd, S Lake Avenue, Right on LSD. Property is on corner lot of LSD & S Lake Ave.
- Cross Street
- S Lake Avenue
Listing Terms
- Cash
- Yes
- Conventional
- Yes
Lot Features
- Corner Lot
- Yes
Possession
- Close Of Escrow
- Yes
Road Frontage Type
- City Street
- Yes
Sewer
- None
- Yes
Utilities
- Natural Gas Available
- Yes
- Sewer Available
- Yes
- Water Available
- Yes
View
- Lake
- Yes
- Water
- Yes
Water Source
- Public
- Yes
Waterfront Features
- Lake Privileges
- Yes
Current Use
- Unimproved
- Yes
- Other
- Yes
Development Status
- Proposed
- Yes
- Raw Land
- Yes
- Other
- Yes
Possible Use
- Commercial
- Yes
- Development
- Yes
- Investment
- Yes
- Mixed Use
- Yes
- Multi-Family
- Yes
- Residential
- Yes
- Retail
- Yes
- Unimproved
- Yes
- Vacant
- Yes
- Other
- Yes
Listing Office:
@properties/Christie's Intl RE
Last Updated: February - 19 - 2026
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