Active

1407 Franklin Street

Michigan City IN, 46360

$339,000


$78.18 per sqft

Active

3 Beds

1 Bath

4,336 sqft

Condos

Built in 1928

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 cafA(c) 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!

810093

MLS ID

September 14, 2024

Listed

November 22, 2024

Updated

Map

1407 Franklin Street
Michigan City IN, 46360

Interior Features

Bedrooms

3


Total Bathrooms

1


Half Bathrooms

2


Interior Features

Chandelier


Appliances

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


Laundry Description

In Unit, Upper Level


Floor Description

Carpet, Wood, Vinyl, Varies, Laminate


Fireplace

No


Cooling

Yes


Cooling Description

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


Heating

Yes


Heating Description

Forced Air, Varies by Unit, Radiant

Exterior/Building Features

Lot Size

0.05 Acres


Exterior Features

None


Lot Features

Near Public Transit


Roof

Flat, Membrane


Sewer

Public Sewer

Other Property Details

Taxes

$4,482


Tax Frequency

Annually


Days on Market

186


Garage

No


Parking

On Street


View

No


County

La Porte


Municipality

Michigan


Water Source

Public


Pool

No


Zoning

Commercial

Courtesy of @properties/Christie's Intl RE, Giorgios Karayannis,
Listing Contact:  

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