700 W Michigan Boulevard, Michigan City, IN 46360

$625,000
Property Type: Commercial Sale Square Footage: 50,000 Lot Size (sq. ft.): 246,550 Status: Closed
Current Price: $625,000 List Date: 11/18/2015 Last Modified: 2/24/2024

Overview

Description

50,000 square foot concrete block & brick construction. Approx. dimensions 112'x 450'...15 feet ceilings. 5,000 plus sq/ft of office space. Shop break room & lockers. 6 drive in doors, 2 loading docks, 1 rail spur (in place but not active), 1 interior rail dock, 1- 500 sq ft double chamber climate controlled clean room, 1 - 3,500 sq/ft air conditioned production room. Fire protection - wet sprinkler system throughout the building. Substantial electrical service, site plan & pictures available & 5.5 acres of land. Also available for Lease!

Listing Details MLS# 384240

General Property Information

Living Area
50000
Building Area Source
Owner
Year Built
1961
Lot Size Acres
5.66
Lot Size Square Feet
246550
Lot Size Dimensions
5.5 acres
Stories
0

Property Features

Building Features: Acoustical Ceiling(s); Exterior Lighting; Lunch Room; Meeting Room; Open Dock(s); Private Restrooms; Other Construction Materials: Block Current Use: Investment Electric: 200+ Amp Service Flooring: Concrete Foundation Details: Block Heating: Natural Gas Interior Features: Elevator Listing Terms: Cash; Conventional Parking Features: Open; Paved Possible Use: Industrial; Mixed Use Rail Availability: Potential Road Frontage Type: City Street Roof: Other Tenant Pays: None Utilities: Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Water Connected Water Source: Public Showing Requirements: 24 Hour Notice

Contract Information

Auction YN
No
Original List Price
750000
Property Sub Type
Industrial
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Occupant Type
Vacant

Location Tax and Legal

Street Number
700
Street Direction Prefix
W
Street Name
Michigan
Street Suffix
Boulevard
County
La Porte
State
IN
Postal Code
46360
Subdivision Name
O J Acres Minor SD

Remarks and Miscellaneous

Public Remarks
50,000 square foot concrete block & brick construction. Approx. dimensions 112'x 450'...15 feet ceilings. 5,000 plus sq/ft of office space. Shop break room & lockers. 6 drive in doors, 2 loading docks, 1 rail spur (in place but not active), 1 interior rail dock, 1- 500 sq ft double chamber climate controlled clean room, 1 - 3,500 sq/ft air conditioned production room. Fire protection - wet sprinkler system throughout the building. Substantial electrical service, site plan & pictures available & 5.5 acres of land. Also available for Lease!

Status Change Information

Major Change Timestamp
2016-03-30T12:26:08Z
Major Change Type
Status Change
Status Change Timestamp
2016-03-30
Offer Acceptance Date
2016-03-18
Close Date
2016-03-30
Close Price
625000
Buyer Financing
Cash

More Information

Exemption Information

Exemption YN
N

Income and Expenses

New Taxes Expense
11649
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
Call listing agent for appointment
24 Hour Notice
Yes

Historical Information

Public Historical Remarks
Zoning: INDUS, Utilities: On, Air Cond/Ventilation: Office Only, Roof Structure: Pitched, Fire Protect: Fire Extinguishers

Location, Tax, and Legal

Postal Code +4
3285
Tax Legal Description
Legal Description: O J ACRES MINOR SD REPLAT OF LOT 2 LOT 2 5.66 AC
Parcel Number
460129304007000022
Zoning Description
Industrial
Township
Michigan
Directions
West Michigan Blvd., just past Lighthouse Mall

Construction Materials

Block
Yes

Electric

200+ Amp Service
Yes

Flooring

Concrete
Yes

Foundation Details

Block
Yes

Heating

Natural Gas
Yes

Interior Features

Elevator
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Parking Features

Open
Yes
Paved
Yes

Road Frontage Type

City Street
Yes

Roof

Other
Yes

Utilities

Electricity Available
Yes
Electricity Connected
Yes
Natural Gas Available
Yes
Natural Gas Connected
Yes
Water Connected
Yes

Water Source

Public
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Tenant Pays

None
Yes

Current Use

Investment
Yes

Possible Use

Industrial
Yes
Mixed Use
Yes

Building Features

Acoustical Ceiling(s)
Yes
Exterior Lighting
Yes
Lunch Room
Yes
Meeting Room
Yes
Open Dock(s)
Yes
Private Restrooms
Yes
Other
Yes

Rail Availability

Potential
Yes
Listing Office: Century 21 Circle
Last Updated: February - 24 - 2024
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