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Listed price in listed location currency (USD).
$1,499,000

000

MLS® 834470

Overview

Key Facts

Type Unimproved Land
Levels Commercial Sale
Size 2 sqft
Garage No
Maintenance Fees 
Taxes $1,290
Days Active 2
Approx. Age 1800
Avg. Price Per Sqft $749,500
MLS® Number 834470

Property Address: 0 Franklin St, Michigan City, IN, 46360

Average square foot calculated using Size range provided by listing agent.

Description

Prime Commercial 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, Lowe's 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 for more information.
MLS® Number834470
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1800
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 24, 2026List Date
$1,499,000List Price

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