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1407 Franklin Street
Michigan City, IN 46360

$299,000 - Status: Active
MLS# 840571

Versatile mixed-use commercial property with classic architecture is ideally positioned near the new South Shore commuter train station and The Franklin at 11th Street Station, a landmark 12-story luxury apartment development bringing new energy, residents, and momentum to downtown Michigan City. With the South Shore Line connecting Chicago's Millennium Station near Millennium Park to the South Bend International Airport, this value-add asset offers exceptional visibility and accessibility for commuters, tourists, and local patrons alike. Whether your vision is a vibrant cafe or delicatessen for morning commuters, a boutique retail space showcasing local makers, or another business concept that serves Michigan City's growing downtown, this property provides the ideal canvas. The opportunity extends beyond the commercial space. The upper level features an impressive 2,000-square-foot residential unit with 3 bedrooms and 1 bath, offering flexibility for owner occupancy or potential short-term rental use. Sunlight fills the apartment through oversized windows, highlighting the original hardwood floors and timeless character throughout. The spacious living room includes a charming library nook, while the formal dining room creates an inviting setting for intimate gatherings and fireside conversations. From the scenic shores of Lake Michigan to downtown boutiques, restaurants, arts, entertainment, and the expanding commuter corridor, this property is surrounded by reasons for people to live, work, visit, and invest in Michigan City. Additional incentives may be available through local improvement grants connected to the Michigan City Urban Enterprise Zone and the federally designated Opportunity Zone.Bring your vision and a hammer to capture the moment to be a part of Michigan City's continued growth and position your business, investment, or lifestyle vision in one of the city's most exciting downtown locations.

Property Features

MLS#: 840571
Zip: 46360
Subdivision: Land Companys Add
Development: Michigan
Property Type: Multi Unit - Multiple
Fireplaces: 1
Heating: Baseboard, Forced Air
Lot Size: 0.05 acres
Taxes: $4,611
Year Built: 1928

Appliances

Gas Range
Refrigerator
Microwave

Feature Descriptions

Fireplace Features: Living Room
Interior Features: Ceiling Fan(s)
Lot Description: Near Public Transit
Parking Features: On Street
Sewer: Public Sewer
Utilities: Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Water: Public

1407 Franklin Street | MLS# 840571

This multi-family property located at 1407 Franklin Street , Michigan City, IN 46360 is currently listed for sale with an asking price of $299,000. Search Michigan City real estate on www.coldwellbanker1stchoice.com today.

Listed By / Shown By

Listed By

Agency Name: @properties/Christie's Intl RE
Agency Phone: (219) 874-7070

Shown By

Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121

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