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Updated Opportunity w/ Private Parking 710 Franklin St 21,730 SF Retail Building Michigan City, IN 46360 For Sale

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INVESTMENT HIGHLIGHTS

Heart of Downtown Redevelopment
Located in Opportunity Zone, TDD, TIF, Community Arts District
On All Four Public Bus Routes

Three Blocks from Train Station to Chicago/South Bend
Adjoining Private Parking

EXECUTIVE SUMMARY

Highly desirable property and is being presented as "subject to offer". Located in Michigan City's Arts District, it is included in the city's Opportunity Zone, Northern TIF, Transit Oriented Development Zone along with other city incentives for residential conversion (2nd Floor), Facade Grant and Riverfront Liquor License availability. Unique to downtown, adjoining lot offers private parking (28 stalls) in addition to on street parking. Updated with passenger elevator.
Less than 4 blocks to the train with the new double track, express train to Chicago and is positioned on all four public transportation routes. Michigan City is only 1 hr. from Chicago and 30 minutes to South Bend by car. Walking distance to Lake Michigan. This Lakefront community is poised to be the place to be. Don't miss this opportunity.

Michigan City, IN Code of Ordinances CBD1

710 FRANKLIN SALE

PROPERTY FACTS

Sale Type

Investment or Owner User

Property Type

Retail

Property Subtype

Freestanding

Building Size

21,730 SF

Building Class

Year Built/Renovated

1914/2009

Tenancy

Multiple

Building Height

2 Stories

Building FAR

1.08

Lot Size

0.46 AC

Opportunity Zone

Yes

Zoning

CBD1 - Central Business District

Parking

28 Spaces (1.29 Spaces per 1,000 SF Leased)

Frontage

61’ on Franklin St

Corner Lot

Signage

Wheelchair Accessible

Monument Signage

1 of 1

MAP
TRAFFIC

Walk Score®

Walker's Paradise (91)

What is a Walk Score®, Transit Score® & Bike Score®?

Walk Score® measures the walkability of any address.

Transit Score® measures access to public transit.

Bike Score® measures bikeability of a location.

What is a Walk Score®

, Transit Score® & Bike Score?

Walk Score® measures the walkability

of any address. Transit Score®

measures access to public transit. Bike Score®

measures bikeability of a location.®

Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Numbers	Multiple 46-01-29-412-001.000-022 46-01-29-412-002.000-022	Improvements Assessment	$442,500
Land Assessment	$120,600	Total Assessment	$563,100