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2701-03 Franklin Street

Michigan City, IN 46360
  • $699,900
  • STATUS: Active
  • ON SITE: 44 Days
  • MLS #: 509637
UPDATED: 43 min ago
$699,900
  • 0
    BEDS
  • 0.16
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,157
    SQFT
  • $168
    $/SQFT
Type:
Commercial
Built:
1924
County:

School Ratings & Info

Description

BEAUTIFULLY PRESENTED, VIBRANT LOCATION for this prized gem in your investment portfolio. A turnkey, multi-unit commercial property is in the heart of the booming Michigan City's downtown area.This classic building has been brought into modern times completely renovated in 2020 and 2021 from floor to ceiling. Perfectly positioned on a corner site that has high visible frontage on the main street of all main streets, Franklin St. and within the MC Enterprise Zone. You will find intelligent updates throughout; 2-stage variable speed high-efficiency furnaces, 3 phase electric, all LED lighting, closed-cell insulation and many more advanced features to finish this impressive property that will leave you worry-free for years to come. Feel secure with an optometric practice established in 1924 and an innovative salon as successful, long-term tenants. A high-return option and opportunity to acquire a proven income-generator in an established area today!

Monthly Payment Calculator

© 2022 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. Real estate listings held by brokerage firms other than Lisa Gaff Team | White Hat Realty Group are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-05-26T08:52:32.14.
www.lisagaff.com/homes/127589510
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2701-03 Franklin Street Michigan City, IN 46360

  • Price: $699,900
  • Status: Active
  • On Site: 44 Days
  • Updated: 43 min ago
  • MLS #: 509637
0
Beds
0
Baths
0
½ Baths
0.16
Acres
4,157
SQFT
$168
$/SQFT
1924
Built
Neighborhood:
Jr & Ae Dewolfes Second Add
County:
Laporte
Area:
Michigan City
Property Description
BEAUTIFULLY PRESENTED, VIBRANT LOCATION for this prized gem in your investment portfolio. A turnkey, multi-unit commercial property is in the heart of the booming Michigan City's downtown area.This classic building has been brought into modern times completely renovated in 2020 and 2021 from floor to ceiling. Perfectly positioned on a corner site that has high visible frontage on the main street of all main streets, Franklin St. and within the MC Enterprise Zone. You will find intelligent updates throughout; 2-stage variable speed high-efficiency furnaces, 3 phase electric, all LED lighting, closed-cell insulation and many more advanced features to finish this impressive property that will leave you worry-free for years to come. Feel secure with an optometric practice established in 1924 and an innovative salon as successful, long-term tenants. A high-return option and opportunity to acquire a proven income-generator in an established area today!
Exterior Features

Building Construction BlockBrick Building Exterior BlockBrickStoneOther Dock Features None Foundation BlockOther Frontage Access City Street Lot Dimensions 52X132 Misc Outside Ada CompliantCourtyardSecurity System Parking Common ParkingPrivate Parking Parking Spaces 5 Rail Availability None Roof Coverings Rubber Roof Structure Flat

Interior Features

Air Conditioning Ventilation Central Air Ceiling Type AcousticalSuspendedOther Floor Finish ConcreteVinyl Floors ConcreteOther Heat Ventilation Forced AirGas Heat Misc Inside Ada CompliantLunch RoomMulti TenantPrivate Restrooms

Property Features

Amenities Exterior Lighting Backup Information Leases/CopiesTax Bill Current Use Medical/DentalOther Electrical Service 201 - 600 Amps3 PhaseCircuit BreakersNipscoSep. Meters Fire Protection Alarm On SiteFire ExtinguishersSmoke/Fire Protect Information 24 Hr Notice Req.Confidentiality ReqLag Must Accompany Possession Close Of EscrowSubject To Tenant Potential Use Medical OfficeOfficeRetail Property Subtype1 Retail Property Subtype2 Office Taxes 3489 Tenant Pays C.A.M.ElectricityGasRe TaxSewerWater Terms CashConventional Transaction Type Sale Utilities On

Listing information © 2022 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®.
Listing courtesy of Giorgios Karayannis of @Properties/Christie's International Real Estate.

© 2022 Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. All rights reserved. Information Deemed Reliable but Not Guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of the Multiple Listing Service of the Greater Northwest Indiana Association of REALTORS®, Inc. Real estate listings held by brokerage firms other than Lisa Gaff Team | White Hat Realty Group are marked with the Broker Reciprocity℠ logo or the Broker Reciprocity℠ thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2022-05-26T08:52:32.14.
 
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