210 Dunes PlzMichigan City, IN 46360

  • Retail properties
  • 55,576 SF
For Lease

Property Details for 210 Dunes Plz

Year built
2014
Construction
TYPE NOT SPECIFIED
Lot size
3.98 AC
Property size (Sq ft)
55,576 SF
Property type
Retail properties
APN
46-05-08-226-048.000-009
APU
460508226048000009

Description

Dunes Plaza, located at 210 Dunes Plaza, Michigan City, Indiana 46360, offers exceptional retail opportunities. This multi-tenant property features a total of 31,889 square feet of currently vacant space, divisible into units ranging from a minimum of 2,000 square feet to a maximum contiguous space of 14,389 square feet. Eight individual spaces are currently available. In addition to the inline spaces, there are also outlot opportunities available for sale or ground lease. These outlots range in size up to 8,000 square feet and sit on approximately 1.02 acres and 0.98 acres of land. The property's prime location in Michigan City, Indiana provides excellent visibility and accessibility for businesses seeking a strong presence in this vibrant market. This is an ideal opportunity for retailers seeking flexible space options to suit their specific needs, whether it's a smaller boutique or a larger retail establishment. The property's diverse space options make it suitable for a wide range of commercial uses. Contact us today to learn more about the available spaces and leasing or purchase options.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $26,254,998
    6.5%
    $24,235,382
    7%
    $22,504,284
  • Comparable approach

    Method
    Valuation
    Relative Method
    $18,241,710
    Geo Method
    $18,241,710
  • Alternative Use

    Use
    Valuation
    Residential
    $20,443,452
    Hospitality
    $18,726,092
    Educational
    $15,579,889
    Medical
    $16,115,705
    Retail
    $24,235,382
210 Dunes Plz, Michigan City, Indiana

Location Insight

City
Michigan City
County
Laporte
State
Indiana
Latitude
41.6785
Longitude
-86.8977
CBSA code
33140
CBSA name
MICHIGAN CITY-LA PORTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$78,633
$278,600
$2,336,200
$2,614,800
-
$278,600
$2,336,200
$2,614,800

FAQs

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