1407 Franklin St, Michigan City, IN

Name: 1407 Franklin St, For Sale in Michigan City - Zoocasa
Brand: @properties/Christie's Intl RE
SKU: 840571
Price: 299000 USD

Condo

For Sale

Listed price in listed location currency (USD).

$299,000

320

MLS® 840571

Overview

Key Facts

Type Apartment

Levels Residential Income

Size 4336 sqft

Garage

Maintenance Fees

Taxes $4,611

Days Active 0

Approx. Age 1928

Avg. Price Per Sqft $68

MLS® Number 840571

Property Address: 1407 Franklin St, Michigan City, IN, 46360

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

Description

Versatile mixed-use commercial property with classic architecture is ideally positioned near the new South Shore commuter train station and The Franklin at 11th Street Station, a landmark 12-story luxury apartment development bringing new energy, residents, and momentum to downtown Michigan City. With the South Shore Line connecting Chicago's Millennium Station near Millennium Park to the South Bend International Airport, this value-add asset offers exceptional visibility and accessibility for commuters, tourists, and local patrons alike. Whether your vision is a vibrant cafe or delicatessen for morning commuters, a boutique retail space showcasing local makers, or another business concept that serves Michigan City's growing downtown, this property provides the ideal canvas. The opportunity extends beyond the commercial space. The upper level features an impressive 2, 000-square-foot residential unit with 3 bedrooms and 1 bath, offering flexibility for owner occupancy or potential short-term rental use. Sunlight fills the apartment through oversized windows, highlighting the original hardwood floors and timeless character throughout. The spacious living room includes a charming library nook, while the formal dining room creates an inviting setting for intimate gatherings and fireside conversations. From the scenic shores of Lake Michigan to downtown boutiques, restaurants, arts, entertainment, and the expanding commuter corridor, this property is surrounded by reasons for people to live, work, visit, and invest in Michigan City. Additional incentives may be available through local improvement grants connected to the Michigan City Urban Enterprise Zone and the federally designated Opportunity Zone.Bring your vision and a hammer to capture the moment to be a part of Michigan City's continued growth and position your business, investment, or lifestyle vision in one of the city's most exciting downtown locations.

MLS® Number840571

Locker

Ensuite Laundry

Balcony

Furnished

Laundry LevelUpper

Exposure

Exterior

Garage

Approx. Age1928

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

HeatBaseboard, Forced Air

A/C

Extras

Map

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