903 Franklin Street, Michigan City, IN 46360
$500,000
Property Type:
Commercial Sale
Square Footage:
12,300
Lot Size (sq. ft.):
11,880
Status:
Closed
Current Price:
$500,000
List Date:
12/03/2018
Last Modified:
2/24/2024
Overview
Description
Listing Details MLS# 446605
General Property Information
- Living Area
- 12300
- Building Area Source
- Assessor
- Accessibility Features YN
- Yes
- Year Built
- 1887
- Lot Size Acres
- 0.2727
- Lot Size Square Feet
- 11880
- Lot Size Dimensions
- 99 x 120
- Stories
- 0
Property Features
Building Features:
Business District Location; Courtyard; Exterior Lighting; Plastered Ceiling(s); Private Restrooms; Sheet Rock Ceiling(s); Wood Panel Ceiling(s)
Construction Materials:
Brick
Cooling:
Central Air
Current Use:
Recreational
Flooring:
Carpet; Wood
Foundation Details:
Brick/Mortar
Heating:
Forced Air; Natural Gas
Interior Features:
Elevator
Listing Terms:
Cash; Contract; Conventional
Lot Features:
Corner Lot; Near Public Transit
Parking Features:
Common; Open
Possible Use:
Commercial; Place of Worship; Recreational; Other
Rail Availability:
Mainline
Road Frontage Type:
City Street
Roof:
Other
Security Features:
Other
Special Licenses:
Liquor
Tenant Pays:
Gas; Water
Utilities:
Cable Available; Electricity Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected
Water Source:
Public
Showing Requirements:
Appointment Only
Contract Information
- Auction YN
- No
- Original List Price
- 675000
- Property Sub Type
- Mixed Use
- Property Attached YN
- No
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 903
- Street Name
- Franklin
- Street Suffix
- Street
- County
- La Porte
- State
- IN
- Postal Code
- 46360
- Subdivision Name
- Land Co Add
Remarks and Miscellaneous
- Public Remarks
- Magnificent historical building in the heart of the Uptown Arts district in Michigan City. Originally built in 1887 as a church and rectory, currently used as a wedding/special event venue and home of the Uptown Center. Completely renovated from top to bottom during 2011/2012. Only the real estate is for sale. Event business could be purchased separately or remain as a tenant. So much potential to expand events beyond weddings! Occupancy for 250 guests with attached lounge area, offices and guest suites located on 2nd floor. Business P&L available on request for serious inquires only.
Status Change Information
- Major Change Timestamp
- 2020-02-21T13:31:40Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2020-02-21
- Offer Acceptance Date
- 2020-02-21
- Close Date
- 2020-02-21
- Close Price
- 500000
- Concessions
- Yes
- Buyer Financing
- Cash
More Information
Exemption Information
- Exemption YN
- Y
Frontage Type
- Frontage Length
- 99
Income and Expenses
- Expense Year
- 2017
- Insurance Expense
- 9910
- New Taxes Expense
- 5037
- Trash Expense
- 3011
- Water Expense
- 653
- Electric Expense
- 0
- Gross Income
- 0
- Gross Scheduled Income
- 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
Showing Requirements
- Showing Instructions
- Use Showing Assist. Easy to show if no events scheduled.
- Appointment Only
- Yes
Historical Information
- Public Historical Remarks
- Utilities: On, Air Cond/Ventilation: Space, Frontage Access: Stop Sign Intersect, Roof Structure: Pitched
Location, Tax, and Legal
- Tax Legal Description
- Legal Description: 42-01-29-458-005 LAND CO ADD LOTS 11 & 14 & E 1/2 LOT 10 BLK 80 (1-12/11/97) TIF
- Parcel Number
- 460129458005000022
- Township
- Michigan
- Directions
- Franklin ST
Construction Materials
- Brick
- Yes
Cooling
- Central Air
- Yes
Flooring
- Carpet
- Yes
- Wood
- Yes
Foundation Details
- Brick/Mortar
- Yes
Heating
- Forced Air
- Yes
- Natural Gas
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Cash
- Yes
- Contract
- Yes
- Conventional
- Yes
Lot Features
- Corner Lot
- Yes
- Near Public Transit
- Yes
Parking Features
- Common
- Yes
- Open
- Yes
Road Frontage Type
- City Street
- Yes
Roof
- Other
- Yes
Security Features
- Other
- Yes
Utilities
- Cable Available
- Yes
- Electricity Available
- Yes
- Electricity Connected
- Yes
- Natural Gas Available
- Yes
- Natural Gas Connected
- Yes
- Sewer Connected
- Yes
Water Source
- Public
- Yes
Auction
- Minimum Opening Bid
- 0
- Buyer Premium Amount
- 0
Tenant Pays
- Gas
- Yes
- Water
- Yes
Current Use
- Recreational
- Yes
Possible Use
- Commercial
- Yes
- Place of Worship
- Yes
- Recreational
- Yes
- Other
- Yes
Building Features
- Business District Location
- Yes
- Courtyard
- Yes
- Exterior Lighting
- Yes
- Plastered Ceiling(s)
- Yes
- Private Restrooms
- Yes
- Sheet Rock Ceiling(s)
- Yes
- Wood Panel Ceiling(s)
- Yes
Rail Availability
- Mainline
- Yes
Special Licenses
- Liquor
- Yes
Listing Office:
@properties/Christie's Intl RE
Last Updated: February - 24 - 2024
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