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Investment Highlights

  • Great Development Opportunity in Michigan City

Property Facts

Price $3,343,600
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Multifamily
  • Apartment Units - Condo
  • Single Family Residence
Total Lot Size 6.46 AC
Cross Streets E US 20
Zoning B2 - Business

1 Lot Available

Lot

Price $3,343,600
Price Per AC $517,585.14
Lot Size 6.46 AC

Description

The subject property is a 6.43-acre triangular-shaped parcel located on the north side of U.S. 20 in Michigan City. This location of this site is considered to be on one of the “Main Gateways” into the City of Michigan City, Indiana. The site is generally flat and is currently covered primarily with mature trees, offering a blank canvas for future development. Positioned along a heavily trafficked state highway and in close proximity to the signalized intersection of U.S. 20 and State Highway 421, the property benefits from exceptional visibility and accessibility. Its regional location provides convenient access to multiple states surrounding Northern Indiana, making it well suited for businesses serving a broad customer base. The site’s substantial acreage, combined with center-turn-lane access on U.S. 20 and flexible development potential, allows for a wide variety of commercial, retail, office, hospitality, or mixed-use opportunities. Surrounded by an established mix of commercial and retail activity, the property is not limited to a single use and offers strong potential for many different types of business development. The property is located within a heavily trafficked corridor featuring a strong mix of retail, office, commercial, warehouse, and flex-space development. Its strategic location near the intersection of U.S. 20, U.S. 421, and Interstate 94 positions the site as a key regional hub serving the greater Great Lakes area. The area continues to experience significant growth and investment, with several large-scale economic development projects currently underway or planned in Michigan City. These ongoing and future developments are expected to further enhance regional commerce, increase traffic and business activity, and drive additional interest and demand for this site.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 46-05-04-426-003.000-009
  • 46-05-04-426-002.000-009
Land Assessment
$184,900
Improvements Assessment
$0
Total Assessment
$184,900
  • Listing ID: 40736031

  • Date on Market: 6/1/2026

  • Last Updated:

  • Address: Barker Rd, Michigan City, IN 46360

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