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Mixed Use Office Building along Franklin 2710 Franklin St 4,454 SF 100% Leased Office Building Michigan City, IN 46360 $369,900 ($83.05/SF)



Investment Highlights
- Well Maintained and Updated Mixed Use Office
- Private & Street Parking
- Low RE Taxes at $0.81/SF
- Located along Main Thoroughfare
- Live/Work or Multi Tenant Opportunity
Executive Summary
Opportunity located along Michigan City's main thoroughfare is this well maintained early 20th century building that has undergone several transformations. The first floor of the building was carefully configured to serve as a former law office for several decades with a large open reception area, three offices, conference room and private restroom. An 82' x 24', single-story addition with separate entryways has been added with four private offices, a large meeting/break room (19'4"x13'4"), open work area, private rest room (separate mechanical room) that has served as leased office space. An additional side entry with private parking in the rear and an engineered access ramp. Included with the addition is an attached, 24'x15' garage. The second floor has continually been occupied as a residential, 2 bedroom, 1 bath rental unit with its own utilities/mechanicals. Located along Michigan City's Public Transportation routes 1 and 3.
Co-listed with Cindy Schoof - 219-363-9979
Co-listed with Cindy Schoof - 219-363-9979
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
4,454 SF
Building Class
C
Year Built/Renovated
1904/1999
Price
$369,900
Price Per SF
$83.05
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,227 SF
Building FAR
0.54
Lot Size
0.19 AC
Zoning
B-2 - General Commercial District
Fairly walkable
50/100
Very drivable
80/100
Fairly bikeable
50/100
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Mixed Use Office Building along Franklin | 2710 Franklin St

