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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

Property Taxes

Parcel Number
46-06-35-439-012.000-043
Land Assessment
$31,600
Improvements Assessment
$216,000
Total Assessment
$247,600
  • Listing ID: 28709659

  • Date on Market: 6/9/2023

  • Last Updated:

  • Address: 717 Michigan Ave, La Porte, IN 46350

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