600 Wabash StMichigan City, IN 46360

For Sale
$1,199,000
Prime Restaurant, High Traffic Location

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 2,888 square foot restaurant, built in 2003, is located on a 0.47-acre lot at 600 Wabash St, Michigan City, IN 46360. Situated directly across from the Lighthouse Premium Outlets, this single-unit property enjoys unparalleled visibility and high foot traffic. The CBD1 zoning allows for a variety of uses. The property features a spacious dining area, a well-appointed kitchen, and a unique, grandfathered-in drive-thru window. Ample off-street parking is available for customers. The 100% occupancy rate speaks to the property's desirability. This prime location offers easy access to major highways and benefits from the proximity to Lake Michigan and the thriving Central Business District. The asking price is $1,199,000 ($415.17/sq ft). This presents a significant opportunity for restaurateurs seeking a high-visibility location with established customer traffic. The potential to add a special district liquor license further enhances the investment potential. This is a rare opportunity to acquire a well-established restaurant in a booming tourist area.

Highlights

  • High-traffic location directly across from Lighthouse Premium Outlets.
  • Excellent visibility and high pedestrian traffic.
  • Abundant on-site parking.
  • Flexible space ideal for diverse restaurant uses.
  • Convenient access to major highways.
  • Strong surrounding commercial activity ensures a consistent customer base.

Property Details for 600 Wabash St

Property type
Retail properties, Restaurants
Square Feet
2,888 SF
Year Built
2003
Buildings
1
Stories
1
Lot Size (sq. ft)
20,473 SF
Units
1

Location Insight

City
Michigan City
County
LaPorte
State
Indiana
Latitude
41.7152212
Longitude
-86.9038252
600 Wabash St, Michigan City, Indiana

FAQs

What type of property is this?
Retail property - Prime Restaurant, High Traffic Location
Where is the retail property located?
The property is located at 600 Wabash St Michigan City, IN.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: High-traffic location directly across from Lighthouse Premium Outlets.; Excellent visibility and high pedestrian traffic.; Abundant on-site parking.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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600 Wabash St
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