About 1406 Franklin Street
Prime Mixed-Use Investment Opportunity - 1406 Franklin St, Michigan City, INLocated in the heart of Michigan City's growing commercial corridor, 1406 Franklin St features:3 ground-level retail storefronts with excellent street visibility and foot traffic(4) 1-bedroom apartments on the upper level, ideal for short- or long-term rental incomePrivate on-site parking lot with space for up to 15 vehicles - a rare find in this part of townThis is an ideal opportunity for investors or owner-operators looking to be part of Michigan City's revitalization. The building sits in close proximity to the multimillion-dollar Sola development, Grand Central Station, and is just minutes from Lake Michigan, the South Shore Line, Washington Park, and the Uptown Arts District.Zoning allows for a range of retail, service, or office uses on the ground floor, with stable residential income above. Whether you're expanding your portfolio or entering the market, this property checks all the boxes: location, parking, income diversity, and future growth potential. Address: 1406 Franklin St, Michigan City, IN Units: 7 Total (3 Commercial, 4 Residential) Parking: Up to 15 vehicles Investment Potential: Located in a rapidly appreciating area with new development momentum
Features of 1406 Franklin Street
| MLS® # | 820750 |
|---|---|
| Price | $499,000 |
| Bathrooms | 0.00 |
| Square Footage | 10,624 |
| Acres | 0.31 |
| Year Built | 1900 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 1406 Franklin Street |
|---|---|
| City | Michigan City |
| County | La Porte |
| State | IN |
| Zip Code | 46360 |
Amenities
| Utilities | Cable Connected, Water Connected, Electricity Connected, Sewer Connected, Natural Gas Connected |
|---|---|
| Parking Spaces | 15 |
| Parking | Gravel, Off Street, Paved, On Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Water Heater, Refrigerator |
|---|---|
| Heating | Central |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Full, Storage Space |
Additional Information
| Date Listed | May 14th, 2025 |
|---|---|
| Zoning | Mixed Use |
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Jordan Williams |
|---|---|
| Office | VIA Realty |