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$1,650,000
49 Days On Site

521 Franklin Street
Michigan City, IN 46360

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
21,057
SqFt
$78
/SqFt
1880
Built
County:
La Porte
Listing courtesy of Daren Huber of Coldwell Banker Realty daren.huber@cbrealty.com as distributed by MLS GRID
521 Franklin Street521 Franklin Street521 Franklin Street521 Franklin Street
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Monthly Payment (Est.)

$7,528
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Prime Downtown Mixed-Use Building in the Arts District! Outstanding opportunity to own a 10-unit building right in the heart of the vibrant Arts District. The property features three street-level commercial spaces -- two versatile office/retail storefronts and one restaurant space with established infrastructure. Upstairs, you'll find seven unique apartments, each with its own character and layout, offering a mix of options for tenants seeking something distinctive. With a mix of 0pen loft-style stuidos and one-bedroom units, these apartments attract long-term renters who value individuality and prime downtown living. The building sits on a highly visible block surrounded by galleries, shops, and restaurants, making it a sought-after location for both commercial and residential tenants. Strong income from a diverse range of tenants make this a great investment opportunity.

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Listing Snapshot
Price 
$1,650,000
Days On Site 
49 Days
Bedrooms 
N/A
Inside Area (SqFt) 
21,057 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.284 Acres
Year Built 
1880
MLS® Number 
828505
Status 
Active
Property Tax 
$11,988
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 months agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.284
Additional Property Use 
CommercialResidentialRetailOfficeMixed Use
Building Features 
Acoustical Ceiling(s)Private RestroomsMulti TenantMixed UseHigh Speed Internet AvailBusiness District Location
Property Sub Type 
Mixed Use
Sewer 
Public Sewer
Utilities 
Cable ConnectedSewer ConnectedWater ConnectedNatural Gas ConnectedElectricity Connected
Water Source 
Public
Interior Features
Basement 
Unfinished
Cooling 
Central Air
Electric 
200+ Amp Service
Heating 
Central
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Exterior Features
Construction Details 
Brick
Exterior 
None
Roof 
Other
Community Features
Financing Terms Available 
CashConventional
Township 
Michigan
Listing courtesy of Daren Huber of Coldwell Banker Realty daren.huber@cbrealty.com as distributed by MLS GRID



Listing information is provided by Participants of the Greater Northwest Indiana Association of REALTORS MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2025, Greater Northwest Indiana Association of REALTORS MLS.

Based on information submitted to the MLS GRID as of 2025-11-18 10:49 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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