717 Michigan Ave | La Porte, IN 46350
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- LoopNet Team
717 Michigan Ave
La Porte, IN 46350
Edward Jones · Office Property For Sale
Investment Highlights
- The property's unique location in heart of the historic downtown qualifies it for the Urban Enterprise Grant Program.
- The multi-tenant building has a solid rent base with several long term tenants.
- Third floor could also be converted to multi-residential apartments.
- Easily accessible to several major highways, including immediate access to Hwy 35/39 and State Hwy 2.
- First two floors are fully leased with the third floor available for an owner occupier who desires rental income.
- The property has access to a large parking lot which is rare for a downtown property.
Property Facts
Property Type
Office
Property Subtype
Office/Residential
Building Size
20,868 SF
Building Class
C
Year Built
1889
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,956 SF
Building FAR
2.98
Lot Size
0.16 AC
Zoning
CBD-1 - Downtown Core
Amenities
- 24 Hour Access
- Direct Elevator Exposure
- Air Conditioning
Property Taxes
| Parcel Number | 46-06-35-439-012.000-043 | Improvements Assessment | $216,000 |
| Land Assessment | $31,600 | Total Assessment | $247,600 |
Property Taxes
Parcel Number
46-06-35-439-012.000-043
Land Assessment
$31,600
Improvements Assessment
$216,000
Total Assessment
$247,600
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