717 Michigan Avenue, La Porte, IN 46350
$625,000
Property Type:
Commercial Sale
Square Footage:
20,868
Lot Size (sq. ft.):
5,566
Status:
Active
Current Price:
$625,000
List Date:
7/17/2026
Last Modified:
7/17/2026
Listing Details MLS# 842455
General Property Information
- Number Of Units Total
- 9
- Living Area
- 20868
- Building Area Source
- Assessor
- Accessibility Features YN
- Yes
- Year Built
- 1889
- Lot Size Acres
- 0.1278
- Lot Size Square Feet
- 5566
- Lot Size Source
- Assessor
- Waterfront YN
- No
- Basement YN
- Yes
Property Features
Accessibility Features:
Accessible Approach with Ramp
Basement:
Bath/Stubbed; Full; Interior Entry; Partially Finished; Storage Space; Walk-Out Access
Building Features:
Business District Location; Enclosed Stair(s); High Speed Internet; Inside Corridor(s); Mixed Use; Multi Tenant; Passenger Elevator(s); Private Restrooms
Business Type:
Medical; Mixed; Professional/Office; Restaurant; Retail; Other
Construction Materials:
Brick
Cooling:
Ceiling Fan(s); Central Air
Current Use:
Mixed Use
Electric:
200+ Amp Service
Flooring:
Carpet; Hardwood
Heating:
Forced Air
Listing Terms:
Cash; Conventional; Lease Purchase; Owner Assisted
Lot Features:
Corner Lot
Owner Pays:
All Utilities; Common Area Maintenance; Electricity; Exterior Maintenance; Gas; Grounds Care; Hot Water; HVAC Maintenance; Insurance; Management; Other Tax; Pest Control; Repairs; Roof Maintenance; Sewer; Snow Removal; Taxes; Trash Collection; Water
Parking Features:
Additional Parking; Asphalt; On Street; Other
Possession:
Close Of Escrow
Possible Use:
Commercial; Investment; Medical/Dental; Mixed Use; Multi-Family; Office; Place of Worship; Retail
Rail Availability:
None
Roof:
Other
Sewer:
Public Sewer
Special Licenses:
None
Special Listing Conditions:
Standard; None
Tenant Pays:
Cable TV; Insurance; Telephone
Utilities:
Cable Available; Electricity Connected; Sewer Connected; Water Connected
Water Source:
Public
Contract Information
- Auction YN
- No
- Original List Price
- 625000
- Property Sub Type
- Mixed Use
- Listing Agreement
- Exclusive Right To Sell
- Seller to consider offering concessions
- Yes
- Common Interest
- None
- Owner Name
- Bl Properties LLC
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 717
- Street Name
- Michigan
- Street Suffix
- Avenue
- County
- La Porte
- State
- IN
- Postal Code
- 46350
Remarks and Miscellaneous
- Public Remarks
- An iconic three-story commercial building totaling approximately 20,868 SF, prominently located in the heart of historic downtown LaPorte. This well-maintained property offers a compelling blend of stable occupancy and future value-add potential. The first floor is fully leased to long-term tenants with a proven payment history. The second floor is home to the seller's accounting firm. The third floor presents a standout creative opportunity. Currently listed for lease, the space features an expansive 2,312 SF open-concept area with dramatic 20-foot ceilings, hardwood flooring, oversized windows, and exceptional natural light. Three additional rooms make up this future lease space. A leased apartment is also located on the third floor, accessible via elevator and stairwell. This expansive open area is an ideal setting for a dance studio, yoga or wellness space, martial arts or karate dojo, or a creative office or studio concept. For buyers looking long-term, the layout and ceiling height also offer a unique opportunity to build out multifamily penthouse suites, blending historic character with modern living all in the heart of downtown LaPorte. This space is a blank canvas ready to be transformed. An elevator services all floors and is professionally inspected and maintained annually. The full basement offers excellent storage or future leasing potential and features its own exterior access opening the door to creative adaptive reuse opportunities such as a private lounge, event space, or speakeasy concept (subject to approvals). Conveniently located near major transportation routes with immediate access to Highway 35/39 and State Road 2. Property qualifies for the Urban Enterprise Grant Program (more information in the document section). Full rent roll document is also available in the document section. Seller is highly motivated and ready for negotiations.
Status Change Information
- Major Change Timestamp
- 2026-07-17T14:59:32Z
- Major Change Type
- New Listing
- Status Change Timestamp
- 2026-07-17
More Information
Exemption Information
- Exemption YN
- No
Showing Requirements
- Showing Instructions
- Listing agent must accompany all showings. Please if possible allow at least 24 hours notice.
Listing Office:
Blackrock Real Estate Services
Last Updated: July - 17 - 2026
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