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$649,000
32 Days On Site

1416 Franklin Street
Michigan City, IN 46360

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
12,470
SqFt
$52
/SqFt
1947
Built
Subdivision:
Land Cos Add/Michigan City
County:
La Porte
Listing courtesy of Vince Kisala of Coldwell Banker Real Estate Gr vince@kisala.com as distributed by MLS GRID
1416 Franklin Street1416 Franklin Street1416 Franklin Street1416 Franklin Street
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Monthly Payment (Est.)

$2,961
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This versatile space is designed for multi-tenant use, offering strong investment and income potential. 3 blocks from the new South Shore train Station and "The Franklin" luxury apartment development. On the street level along Franklin Street, you'll find a spacious three-office suite along with a separate standalone retail space, perfect for a variety of business uses. The second floor features a residential unit with 2 bedrooms and 1.5 bathrooms--ideal for owner occupancy or rental income. The main building has a brand-new roof installed in 2025, adding peace of mind for future ownership. At the rear of the property on Ripley sits an industrial building, formerly home to a bolt company. This structure includes a loading dock and generous warehouse space, making it ideal for storage, light manufacturing, or distribution. Located in a rapidly developing area with increasing foot traffic and investment, this property offers endless possibilities for entrepreneurs and investors alike. Schedule your tour today and explore the potential firsthand.

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Listing Snapshot
Price 
$649,000
Days On Site 
32 Days
Bedrooms 
N/A
Inside Area (SqFt) 
12,470 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.42 Acres
Year Built 
1947
MLS® Number 
835851
Status 
Active
Property Tax 
$5,663
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.42
Additional Property Use 
Mini-StorageVacantUnimprovedResidentialMixed Use
Building Features 
Multi TenantBusiness District LocationOpen Dock(s)CourtyardShower/Locker RoomPrivate Restrooms
Number Of Stories 
2
Parking 
Additional ParkingOn Street
Parking Spaces 
14
Property Sub Type 
Mixed Use
Security 
Fire Alarm
Sewer 
Public Sewer
Utilities 
Electricity ConnectedWater ConnectedSewer ConnectedNatural Gas Connected
Water Source 
Public
Interior Features
Appliances 
DryerWasherRefrigeratorGas RangeFreezer
Basement 
Unfinished
Cooling 
Central AirZoned
Electric 
100 Amp Service
Flooring 
CarpetConcreteHardwood
Heating 
Natural GasForced Air
Laundry Features 
Electric Dryer HookupWasher HookupUpper LevelMain LevelLower LevelGas Dryer Hookup
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Exterior Features
Construction Details 
Brick
Exterior 
Storage
Lot Features 
Corner LotLandscaped
Roof 
Asphalt
View 
City
Waterview 
City
Community Features
Financing Terms Available 
CashConventionalContract
Township 
Michigan
Listing courtesy of Vince Kisala of Coldwell Banker Real Estate Gr vince@kisala.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 2026, Greater Northwest Indiana Association of REALTORS MLS.

Based on information submitted to the MLS GRID as of 2026-04-23 12:09 PM 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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