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Listing provided courtesy of Coldwell Banker Real Estate GrNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 813518MLS Provider

261 Medical PlazaMichigan City, IN 46360

Commercial · 3,240 Sq. ft. | 0.05 Acres
$250,000 Active

261 Medical Plaza Overview

Time on Site:
576 days
Visits:
3

This Commercial Condo Unit has great visibility in a well maintained medical plaza. It features 8 private office rooms and open office spaces. Front and rear entrances. Staff parking in the rear and customer parking in the front. New water heater and HVAC systems, new lvp flooring. Lower level has showers as office was previously used as a medical facility. Located in established Business Park in downtown Michigan City area. Existing layout has 8 offices and 2 large open areas. Property is located in Enterprise Zone.

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261 Medical Plaza Facts & Features

  • Type Commercial
  • Sq. ft. 3,240
  • Price/Sq.ft. $77
  • Lot 0.05 Acres

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Maintenance Expense: 0
  • Net Operating Income: 0
  • New Taxes Expense: 0
  • Trash Expense: 0

Building Information

  • Year Built: 1986

Location/Region

  • County Or Parish: La Porte
  • Subdivision Name: None
  • Township: Michigan

Tax Information

  • Tax Annual Amount: 0
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Lease Purchase,Conventional,Contract
  • Parcel Number: 460129261024000022
  • Property Sub Type: Business
  • Property Type: Commercial Sale
  • Special Listing Conditions: Standard

Interior

Building Interior

  • Building Area Source: Assessor

General Information

  • Appliances: None
  • Building Features: Meeting Room,Mixed Use,Office Park Location,Acoustical Ceiling(s),Exterior Lighting,Public Restrooms
  • Electric: 100 Amp Service,200+ Amp Service
  • Heating: Forced Air
  • Interior Features: Entrance Foyer,Laminate Counters
  • Living Area: 3240

Exterior

Parking Information

  • Parking Features: Asphalt
  • Parking Total: 20

Lot Information

  • Lot Features: Landscaped,Sprinklers In Front,Near Public Transit,Paved
  • Lot Size Dimensions: 32x40
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2178
  • Water Source: Public

Waterfront/View

  • View: City
  • Waterfront: false

General Information

  • Exterior Features: Lighting,Rain Gutters
  • Fencing: None
  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Water Connected,Sewer Connected,Natural Gas Connected,Natural Gas Available

261 Medical Plaza 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.

261 Medical Plaza Monthly Cost

$
$ %
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$
$
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.

261 Medical Plaza 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

261 Medical Plaza History

Date Event Value Agent
9/12/2025Source: Northwest Indiana MLS Status Change
Active
8/13/2025Source: Northwest Indiana MLS Status Change
Pending
12/1/2024Source: Northwest Indiana MLS Added to Database
December 01, 2024