710 Franklin Street, Michigan City, IN 46360
$1,250,000
Property Type:
Commercial Sale
Square Footage:
21,730
Lot Size (sq. ft.):
20,038
Status:
Closed
Current Price:
$1,250,000
List Date:
12/30/2024
Last Modified:
4/30/2026
Listing Details MLS# 814372
General Property Information
- Number Of Units Total
- Yes
- Living Area
- 21730
- Building Area Source
- Assessor
- Year Built
- 1914
- Parking Total
- 28
- Lot Size Acres
- 0.46
- Lot Size Square Feet
- 20037.6
- Lot Size Source
- Assessor
- Lot Size Dimensions
- 61FTx167FT
- Waterfront YN
- No
- Basement YN
- Yes
- Stories
- 2
Property Features
Basement:
Concrete
Building Features:
Mixed Use; Public Restrooms
Community Features:
Curbs; Sidewalks; Street Lights
Construction Materials:
Block; Brick
Cooling:
Central Air
Current Use:
Mixed Use; Office; Retail; See Remarks
Electric:
Other
Exterior Features:
Lighting
Fencing:
None
Flooring:
Carpet; Laminate
Foundation Details:
Block
Heating:
Forced Air
Interior Features:
Storage
Listing Terms:
Cash; Conventional
Lot Features:
Corner Lot; Near Public Transit; Views
Owner Pays:
All Utilities
Parking Features:
Additional Parking; Off Street; Parking Lot; Paved
Possession:
Negotiable
Possible Use:
Mixed Use; Office; Retail
Rail Availability:
None
Road Frontage Type:
City Street
Roof:
Flat
Sewer:
Public Sewer
Special Listing Conditions:
Standard
Tenant Pays:
See Remarks
Utilities:
Cable Available; Electricity Available; Natural Gas Available; Phone Available; Sewer Available; Water Available
View:
Downtown; Trees/Woods
Water Source:
Public
Showing Requirements:
Call Listing Agent
Contract Information
- Auction YN
- No
- Original List Price
- 1600000
- Property Sub Type
- Retail
- Listing Agreement
- Exclusive Agency
- Owner Name
- Holmes Jason E
- Occupant Type
- Vacant
Location Tax and Legal
- Street Number
- 710
- Street Name
- Franklin
- Street Suffix
- Street
- County
- La Porte
- State
- IN
- Postal Code
- 46360
- Subdivision Name
- Lytles Sub
Remarks and Miscellaneous
- Public Remarks
- Highly desirable property with options. Currently, this building is also being offered for Lease. The highest and best use would be offices for mid to large offices/ businesses. Average price $12.00 per sq ft annually. This property would be ripe for conversion into apartments/lofts on the second floor, commercial retail on the first floor, and developing of the parking lot. This area is best suited for Mixed-use. See attached survey. This building is 4 blocks to the train with the new double track, express train to Chicago and all the new residential and commercial development that is currently on the way. Michigan City is set to be the next "it spot" and is only 1 hr. from Chicago and 20 mins to Michigan. 1.2 miles from Lake Michigan. This Lakefront community is poised to be the place to be. The building has 600AMP service and is located in a TIF and opportunity zone. Facade grants are available. Future restaurant owners or tenants can also obtain a 3-way liquor license. Don't miss this opportunity.
Status Change Information
- Major Change Timestamp
- 2026-04-30T15:35:54Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2026-04-30
- Offer Acceptance Date
- 2026-04-07
- Close Date
- 2026-04-30
- Close Price
- 1250000
- Concessions
- No
- Buyer Financing
- Other
More Information
Exemption Information
- Exemption YN
- Yes
- Exemptions
- Nonprofit - Educational
Showing Requirements
- Showing Instructions
- Please contact Listing Agents to schedule showing.
Listing Office:
McColly Real Estate
Last Updated: April - 30 - 2026
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