1407 Franklin Street
Michigan City, IN 46360
- 3 beds
- – baths
- – sqft
- 2,178 sqft lot
- 1928 build
- – on site
Welcome to your next investment and lifestyle opportunity nestled in the heart of Michigan City, Indiana! This versatile mixed-use commercial property boasts an enviable location just moments away from the bustling new South Shore commuter train station, making it a prime spot for both locals and commuters alike. Imagine the endless possibilities as you step into this dynamic space, perfectly positioned whether you're dreaming of a vibrant cafA(c) where commuters can grab their morning coffee or cater to a diverse array of businesses; a boutique retail space showcasing local artisans, or professional offices for entrepreneurs seeking a central hub, this property offers the ideal canvas to bring your vision to life. But it's not just about business - the upper level boasts a sprawling, 2,000 square foot exquisite residential unit with 3 bedrooms and 1 bath where sunlight streams through the oversized windows, casting a warm glow on the original hardwood floors below. Relax in the spacious living room, spacious for a oversized couch and complimented with a library nook. The gourmet kitchen awaits the culinary enthusiast while entertaining guests in the formal dining room, where intimate gatherings are elevated by the ambiance of days gone by and indulge in fireside chats with a glass of your favorite bourbon. Experience the timeless elegance of a bygone era in this meticulously preserved unit to make your home or generate income with a short-term rental. From the scenic shores of Lake Michigan to the charming boutiques and eateries of downtown Michigan City, there's no shortage of reasons for visitors to explore and discover what your establishment has to offer and your life desires. Seize the opportunity with the possibility of utilizing local improvement grants with the Michigan City Urban Enterprise Zone and the federally designated Opportunity Zone. Capture the moment to be a part of Michigan City's vibrant community and elevate your experiences to new heights!
Last checked:
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Last updated Nov 4, 2024
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MLS# 810093 —
The Building
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Year Built:1928
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New Construction:false
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Levels:Multi/Split
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Basement:Storage Space, Unfinished
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Basement:true
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Above Grade Finished Area:4336
Interior
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Interior Features:Chandelier
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Laundry Features:In Unit, Upper Level
Room Dimensions
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Living Area Source:Assessor
Location
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Latitude:41.708871
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Longitude:-86.897971
The Property
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Parcel Number:460132228013000022
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Property Subtype:Apartment
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Lot Features:Near Public Transit
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Lot Size Acres:0.05
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Lot Size Square Feet:2178
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Lot Size Dimensions:25x95
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Lot Size Source:Assessor
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Lot Dimensions Source:Builder
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Zoning Description:Commercial
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Exterior Features:None
Listing Agent
- Contact info:
- Agent phone:
- (219) 805-6754
- Office phone:
- (219) 874-7070
Taxes
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Tax Year:2023
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Tax Annual Amount:4482.45
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Tax Legal Description:42-01-32-228-013 LAND CO 24 FT 3 IN S END LTS 11 & 14 BK106
Beds
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Total Bedrooms:3
Baths
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Half Baths:2
Heating & Cooling
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Heating:Forced Air, Varies by Unit, Radiant
Utilities
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Utilities:Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
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Electric:100 Amp Service, Separate Meters, Circuit Breakers
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Built-In Refrigerator, Washer/Dryer Stacked, Refrigerator, Microwave, Gas Range
The Community
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Subdivision Name:N/A
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Pets Allowed:Yes
Parking
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Garage:false
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Parking Features:On Street
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
9/14/24
Sep 14, 2024
|
Listed / Active | NIRA | $339,000 |
