521 Franklin Street, Michigan City, IN 46360

$1,590,000

  • Open House
  • New Listing
  • Price Reduced$60,000
  • Sold
  • Leased
-1 More Schedule
  • 0 BedroomBeds
  • 0 BathroomBaths
  • 21,057Sqft
  • 0Acres
  • Commercial SaleType
  • ActiveStatus
  • 828505MLS#
-1 More Schedule

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Property Description 521 Franklin Street, Michigan City, IN 46360

Prime Downtown Mixed-Use Building in the Arts District! Outstanding opportunity to own a 10-unit building right in the heart of the vibrant Arts District. The property features three street-level commercial spaces -- two versatile office/retail storefronts and one restaurant space with established infrastructure. Upstairs, you'll find seven unique apartments, each with its own character and layout, offering a mix of options for tenants seeking something distinctive. With a mix of 0pen loft-style stuidos and one-bedroom units, these apartments attract long-term renters who value individuality and prime downtown living. The building sits on a highly visible block surrounded by galleries, shops, and restaurants, making it a sought-after location for both commercial and residential tenants. Strong income from a diverse range of tenants make this a great investment opportunity.



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Property Details 521 Franklin Street, Michigan City, IN 46360

  • On Market Date: 09/29/2025
  • Year Built: 1880
  • Sq. Ft.: 21,057
  • MLS#: 828505
  • Type: Commercial Sale
  • Status: Active
  • Lot Size: 12,371
  • Price: $1,590,000
  • City: Michigan City
  • State: IN
  • Zip: 46360
  • County: La Porte
  • Price Per Sq Ft: $76
  • Development: NO
  • Date Last Updated: 03/31/2026
  • Property tax: $11,988
  • Basement: Yes
  • Pool: NO
  • Water: Public
  • Sewer: Public Sewer
  • Heating: Central
  • Cooling: Central Air

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