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Listing provided courtesy of @properties/Christie's Intl RENorthwest Indiana MLSas Distributed by MLSGrid- MLS# 841491MLS Provider

0 Franklin StreetMichigan City, IN 46360

Commercial · 1 Sq. ft. | 1.72 Acres
$1,399,000 Active

0 Franklin Street Overview

Time on Site:
3 hours
Visits:
0

Prime Commerical Opportunity - Highway 421 (Franklin Street). Exceptional 1.72-acre corner lot located directly on highly traveled Highway 421 (Franklin Street) in the heart of Michigan City's primary retail corridor. This property offers excellent visibility, strong traffic counts, and easy access, making it ideal for retail, hospitality, restaurant, medical, or service-oriented development. The site is surrounded by major national retailers including Walmart Supercenter, Meijer, Lowes Home Improvement, Menards, Hobby Lobby, TJ Maxx, R.P. Home & Harvest, Kohl's and many others - creating a powerful retail draw and steady consumer traffic. Strategically positioned with 14 hotels within a one-mile radius and just minutes from the I-94 interchange, the location captures both local and interstate traffic. 1.2 acres development-ready at the front of the parcel Strong corner presence High-growth commercial corridor excellent accessibility with approximately 3.3 million annual visitors, Michigan City continues to establish itself as a regional destination. The area is currently experiencing nearly 2 billion in ongoing and planned development, along with new residential communities under construction- driving additional demand and long-term growth. This is one of the last remaining commercial land opportunities on Franklin Street. Contact us today for more information.

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0 Franklin Street Facts & Features

  • Type Commercial
  • Sq. ft. 1
  • Price/Sq.ft. $1,399,000
  • Lot 1.72 Acres

Details

General

Building Information

  • Year Built: 1800

Location/Region

  • County Or Parish: La Porte
  • Township: Coolspring

Tax Information

  • Tax Annual Amount: 1290
  • Tax Year: 2025

General Information

  • Listing Terms: Cash
  • Parcel Number: 460509300012000009
  • Property Sub Type: Unimproved Land
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard

Interior

Building Interior

  • Building Area Source: Assessor

General Information

  • Basement: false
  • Building Features: Business District Location
  • Electric: Other
  • Heating: Other
  • Living Area: 1.72

Exterior

Parking Information

  • Parking Total: 0

Lot Information

  • Lot Features: Corner Lot,Rectangular Lot,Few Trees
  • Lot Size Acres: 1.72
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 74923.2
  • Water Source: Public

Waterfront/View

  • Waterfront: false

General Information

  • Exterior Features: Other
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Water Available,Sewer Available,Natural Gas Available

0 Franklin Street Neighborhood

Community

46360 (MICHIGAN CITY) Demographics

40
Median Age
543
Population Density (per sq. mile)
29%
College Educated
$50,075
Estimated Median Income
11,503
Estimated Total Home Owners
6,112
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

0 Franklin Street Monthly Cost

$
$ %
%
$
$
Jim Luxem Jr
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

0 Franklin Street Market Data

Based on the last 30 days in this zip code

$438,983
Average List Price
$237
Average Price per Square Foot
44
Properties Sold
130
Average Days on Market
228
Properties for Sale
Calculations provided by Reliance Network

0 Franklin Street History

Date Event Value Agent
6/30/2026Source: Northwest Indiana MLS Added to Database
June 30, 2026