For Lease
$7.56/SF/YR

523 Franklin St Michigan City, IN 46360

Historic Michigan City Office, 3,150 SF Available

Overview

Added:
Dec 11, 2024
Days on market:
138
This exceptional 12,132 square foot commercial property, located at 523 Franklin Street in Michigan City, Indiana (zip code 46360), presents a unique investment opportunity. The building, constructed in 1890 and extensively renovated in 2023, boasts a single-tenant occupancy with 3,150 square feet currently vacant. The property is zoned commercial and features a traditional office subtype, ideal for a variety of businesses. The single-story building offers a 10-foot ceiling height, adding to its spacious feel. The building's prime location on Franklin Street, with cross access to 5th Street, ensures high visibility and accessibility. The vacant space includes a great street-level retail area, complemented by several large offices or storage rooms, and a small break room. The exposed brick and high ceilings create a unique and attractive atmosphere. The property's rich history is blended seamlessly with modern updates, offering a blend of character and functionality. This is a rare opportunity to acquire a well-maintained, historically significant commercial space in a thriving Indiana community. The property's size and layout offer flexibility for a range of commercial uses. Don't miss this chance to secure a prominent location in a desirable area.

Highlights

  • 12,132 SF commercial building at 523 Franklin Street, Michigan City, IN 46360.
  • 1890 building, extensively renovated in 2023, single-tenant occupancy with 3,150 SF vacant.
  • Commercially zoned, traditional office space, suitable for various businesses.
  • Single-story, 10-foot ceilings, high visibility on Franklin Street with 5th Street access.
  • Vacant space includes street-level retail area, large offices/storage, and break room; exposed brick and high ceilings.

Property Details for 523 Franklin St

Property type
Specialty properties, Retail properties
RSF (Rentable sq. ft)
12,132 SF
Year Built/Renovated
1890/2023
Buildings
1
Stories
1

Unit(s) available at that property

Space
Size
3,150 SF
Rate per SF
$7.56

Location Insight

City
Michigan City
County
Laporte
State
Indiana
Latitude
41.716485391246
Longitude
-86.901463169685

FAQs

What type of property is this?
Specialty property - Historic Michigan City Office, 3,150 SF Available
Where is the specialty property located?
The property is located at 523 Franklin St Michigan City, IN.
What is the lease rate?
The lease rate is $7.56/SF/YR.
What are key features of this property?
This property features: 12,132 SF commercial building at 523 Franklin Street, Michigan City, IN 46360.; 1890 building, extensively renovated in 2023, single-tenant occupancy with 3,150 SF vacant.; Commercially zoned, traditional office space, suitable for various businesses.
How can I contact the broker?
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523 Franklin St
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