717 Michigan AveLa Porte, IN 46350

Property Details for 717 Michigan Ave

Year built

1889

Construction

WOOD

Lot size

0.13 AC

Property size (Sq ft)

20,868 SF

Property type

Retail space

APN

46-06-35-439-012.000-043

APU

460635439012000043

Description

This exceptional 20,868-square-foot, three-story Class C office building, constructed in 1889, is situated in the heart of historic downtown La Porte, Indiana. The property, located at 717 Michigan Ave (APN 46-06-35-439-012.000-043), sits on a 0.127-acre lot and offers a unique investment opportunity. Currently, the first two floors are fully leased with long-term tenants, providing a stable rental income stream. The third floor is available for an owner-occupier seeking additional rental income or conversion into multi-residential apartments. This multi-tenant building boasts elevator access to all floors and benefits from a large, adjacent parking lot—a rare amenity for a downtown location. Its prime location qualifies it for the Urban Enterprise Grant Program, and its proximity to major highways (including easy access to Hwy 35/39 and State Hwy 2) and the planned South Shore double-track train project enhances its appeal. The South Shore expansion will significantly improve La Porte County's accessibility to Chicago by rail. This property presents a compelling blend of historical charm, strong rental income potential, and strategic location. The asking price is $725,000.

Location Insight

City

La Porte

County

Laporte

State

Indiana

Latitude

41.6107

Longitude

-86.7205

CBSA code

33140

CBSA name

MICHIGAN CITY-LA PORTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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