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1411 Franklin St 10,049 SF 100% Leased Industrial Building Michigan City, IN 46360 $999,000 ($99.41/SF)

Showrooms Indiana Michigan City 1411 Franklin St, Michigan City, IN 46360

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Investment Highlights

  • 2 offices

Executive Summary

The retail space is currently occupied by Rent-A-Center, whose lease expires at the end of 2024. The retail space has a showroom, bathroom, and two offices. The industrial area has three-phase electricity, two bathrooms, a mezzanine office, and an overhead heater.

Property Facts

Price $999,000 Rentable Building Area 10,049 SF
Price Per SF $99.41 No. Stories 1
Sale Type Investment or Owner User Year Built 1949
Property Type Industrial Clear Ceiling Height 16’
Property Subtype
Showroom
  • General Retail Storefront Retail/Office
 No. Drive In / Grade-Level Doors 1
Building Class C Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size 0.34 AC
Zoning B2 - Established to accommodate a wide range of specialized commercial uses including highway oriented service and commercial types of establishments to se
Price $999,000
Price Per SF $99.41
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Showroom
  • General Retail Storefront Retail/Office
Building Class C
Lot Size 0.34 AC
Rentable Building Area 10,049 SF
No. Stories 1
Year Built 1949
Clear Ceiling Height 16’
No. Drive In / Grade-Level Doors 1
Opportunity Zone Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning B2 - Established to accommodate a wide range of specialized commercial uses including highway oriented service and commercial types of establishments to se
1 1
Walk Score®
Very Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

Property Taxes

Parcel Number 46-01-32-228-014.000-022 Improvements Assessment $80,400
Land Assessment $28,800 Total Assessment $109,200

Property Taxes

Parcel Number
46-01-32-228-014.000-022
Land Assessment
$28,800
Improvements Assessment
$80,400
Total Assessment
$109,200
(219) 775-9105

Still interested?

Contact the broker for more information about this property

Contact

  • Jennifer Gaudy
    Jennifer Gaudy

  • Listing ID: 33479470

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: 1411 Franklin St, Michigan City, IN 46360

More public record information on 1411 Franklin St, Michigan City, IN 46360

The Industrial Property at 1411 Franklin St, Michigan City, IN 46360 is currently available for Sale. Contact Cross Property Management for more information.

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1411 Franklin St
(219) 775-9105 x

1411 Franklin St

Jennifer Gaudy
(219) 775-9105

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