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$339,000

Est. payment - /mo

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4,336 SqFt

Active

1407 Franklin Street Michigan City, IN 46360

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Carol Vieceli

listwithcarolv@gmail.com +1(219) 299-3357

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,336 sqft

Price per Sqft $78

MLS Listing ID 803168

Year Built 1928

Annual Tax Amount $4,269

Tax Year 2023

Lot Size 2,178 Sqft

Lot Dimensions 25x95

Property Sub-Type Mixed Use

Property Description

Welcome to your next investment and lifestyle opportunity nestled in the heart of Michigan City, Indiana! This versatile mixed-use commercial property boasts an enviable location just moments away from the bustling new South Shore commuter train station, making it a prime spot for both locals and commuters alike. Imagine the endless possibilities as you step into this dynamic space, perfectly positioned whether you're dreaming of a vibrant cafe where commuters can grab their morning coffee or cater to a diverse array of businesses; a boutique retail space showcasing local artisans, or professional offices for entrepreneurs seeking a central hub, this property offers the ideal canvas to bring your vision to life. But it's not just about business - the upper level boasts a sprawling, 2,000 square foot exquisite residential unit with 3 bedrooms and 1 bath where sunlight streams through the oversized windows, casting a warm glow on the original hardwood floors below. Relax in the spacious living room, spacious for a oversized couch and complimented with a library nook. The gourmet kitchen awaits the culinary enthusiast while entertaining guests in the formal dining room, where intimate gatherings are elevated by the ambiance of days gone by and indulge in fireside chats with a glass of your favorite bourbon. Experience the timeless elegance of a bygone era in this meticulously preserved unit to make your home or generate income with a short-term rental. From the scenic shores of Lake Michigan to the charming boutiques and eateries of downtown Michigan City, there's no shortage of reasons for visitors to explore and discover what your establishment has to offer and your life desires. Seize the opportunity with the possibility of utilizing local improvement grants with the Michigan City Urban Enterprise Zone and the federally designated Opportunity Zone. Capture the moment to be a part of Michigan City's vibrant community and elevate your experiences to new heights!

Location

State IN

County La Porte

Rooms

Basement Storage Space, Unfinished

Interior

Interior Features Chandelier

Heating Forced Air, Varies by Unit, Radiant

Cooling Ceiling Fan(s), Wall/Window Unit(s), Varies by Unit, Central Air

Flooring Carpet, Varies, Wood, Vinyl, Laminate

Fireplace No

Appliance Built-In Refrigerator, Washer/Dryer Stacked, Water Heater, Refrigerator, Microwave, Gas Range

Exterior

Exterior Feature None

Parking Features On Street

Utilities Available Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected

Roof Type Flat,Membrane

Building

Lot Description Near Public Transit

Foundation Brick/Mortar

Structure Type Aluminum Siding,Brick

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by @properties/Christie's Intl RE

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(219) 299-3357

listwithcarolv@gmail.com

310 E Lincolnway, Valparaiso, IN, 46383, USA