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700 W Michigan Blvd 50,524 SF Industrial Building Michigan City, IN 46360 $3,200,000 ($63.34/SF)



INVESTMENT HIGHLIGHTS
- Building Size: 50,524
- Three Docks
- Six Drive-In Doors
- Zoning is Manufacturing 2
EXECUTIVE SUMMARY
This 50,524 SF industrial warehouse offers a functional mix of warehouse, production, and office space on 5.66 acres. The building features approximately 5,000 SF of office area and spans roughly 112' x 450' with durable concrete block and brick construction. Clear heights reach 15 feet, and access is excellent, with six drive-in doors, two loading docks, and one interior dock, along with an inactive rail spur on-site, providing versatile logistics options.
The property includes a 500 SF double-chamber, climate-controlled clean room and a 3,500 SF air-conditioned production area, ideal for specialized manufacturing or light industrial use. A wet sprinkler system covers the entire building for safety and compliance. With its ample lot size, strong infrastructure, and flexible layout, this property is well-suited for a variety of industrial, warehousing, and production operations.
The property includes a 500 SF double-chamber, climate-controlled clean room and a 3,500 SF air-conditioned production area, ideal for specialized manufacturing or light industrial use. A wet sprinkler system covers the entire building for safety and compliance. With its ample lot size, strong infrastructure, and flexible layout, this property is well-suited for a variety of industrial, warehousing, and production operations.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $3,200,000 | Rentable Building Area | 50,524 SF |
| Price Per SF | $63.34 | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1961 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Warehouse | Clear Ceiling Height | 15’ |
| Building Class | C | No. Dock-High Doors/Loading | 3 |
| Lot Size | 6.00 AC | No. Drive In / Grade-Level Doors | 6 |
| Zoning | Manufacturing 2 | ||
| Price | $3,200,000 |
| Price Per SF | $63.34 |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 6.00 AC |
| Rentable Building Area | 50,524 SF |
| No. Stories | 1 |
| Year Built | 1961 |
| Tenancy | Single |
| Clear Ceiling Height | 15’ |
| No. Dock-High Doors/Loading | 3 |
| No. Drive In / Grade-Level Doors | 6 |
| Zoning | Manufacturing 2 |
UTILITIES
- Lighting
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
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PROPERTY TAXES
| Parcel Number | 46-01-29-304-007.000-022 | Improvements Assessment | $344,000 (2024) |
| Land Assessment | $138,600 (2024) | Total Assessment | $482,600 (2024) |
PROPERTY TAXES
Parcel Number
46-01-29-304-007.000-022
Land Assessment
$138,600 (2024)
Improvements Assessment
$344,000 (2024)
Total Assessment
$482,600 (2024)
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700 W Michigan Blvd
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