402 Royal RdMichigan City, IN 46360

Property Details for 402 Royal Rd

Year built

1962

Construction

TYPE NOT SPECIFIED

Lot size

67.35 AC

Property size (Sq ft)

387,581 SF

Property type

Warehouses

APN

46-01-26-400-008.000-022

APU

460126400008000022

Description

This expansive industrial property, located at 402 Royal Road in Michigan City, Indiana, offers 400,827 square feet of versatile space ideal for manufacturing, warehousing, distribution, or flex operations. Currently entirely vacant, this multi-tenant building boasts 4 suites, with a minimum divisible space of 50,000 square feet and the potential to lease the entire 400,827 square feet contiguously. Built in 1960 and situated on a substantial 67.35 acres, the property features a 16-foot ceiling height, ample loading capabilities with 17 loading docks and 4 drive-ins, and extensive parking with 250 spaces. The property benefits from robust power infrastructure, including 480v, 3-phase, 8,000 amps service. Zoned M-1 (Light Industrial), this location offers convenient access and is further enhanced by 11,259 square feet of covered exterior storage. Planned renovations are scheduled for the second quarter of 2023. The property's APN is 46-01-26-400-008.000-022, and it is located in LaPorte County, Indiana, zip code 46360. This is a rare opportunity to secure a significant industrial footprint in a prime location.

• Alternative Use

  Use

  Valuation

  Residential

  $142,570,416

  Hospitality

  $130,593,736

  Educational

  $108,652,456

  Medical

  $112,389,176

  Retail

  $169,014,928

Location Insight

City

Michigan City

County

Laporte

State

Indiana

Latitude

41.7141

Longitude

-86.8442

CBSA code

33140

CBSA name

MICHIGAN CITY-LA PORTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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