401 Medical Plaza Michigan City, IN ^$ 600,000

401 Medical Plaza

^$ 600,000

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401 Medical Plaza

Michigan City, IN, 46360

^$ 600,000

Bedrooms-- Baths-- Sq 3,320

Monthly Estimate*

^$ 3,593

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Commercial Property for sale in Michigan City, IN

for $600,000. This 3,320 square foot building was built in 1987 on a lot size of 0.62.

DEVELOPMENT AND INVESTMENT OPPORTUNITY! Located in MICHIGAN CITY ENTERPRISE ZONE AND OPPORTUNITY ZONE. Zoned R3B (Multi-Unit, Mixed Use).TIF dollars are available. Building and .62 acres are located at the intersection of Michigan Boulevard & Pine Street. The building was previously the Social Security office and is currently used as a church. It has a blacktop parking lot with 20 parking places. The property sits within walking distance to Lake Michigan, theOutlet Mall, Trail Creek Marina and Blue Chip Casino.

Commercial Active

Price

^$ 600,000

Property Type

Commercial

Taxes

^$ 0

Style

Business

Lot Size

0.62

Year Built

1987

Town/City

Michigan City

County/Region

La Porte

MLS | Web ID

813519

Features

General

Sewer Public Sewer

Heating Forced Air

Utilities Cable Available Water Connected Natural Gas Available Sewer Connected Natural Gas Connected Electricity Connected

Exterior Features None

Security Features Security Lights

Year Built 1987

Electric 220 Volts

Township Michigan

Property Subtype Business

Tax Year 2023

Gross Income 0

Community Features Curbs Sidewalks Street Lights

Accessibility Common Area Visitor Bathroom

County La Porte

Net Operating Income 0

Insurance Expense 3600

Property Type Commercial Sale

Subdivision Name none

Building Features Acoustical Ceiling(s) Public Restrooms Office Park Location Mixed Use Meeting Room Lunch Room Exterior Lighting Commercial Park Location Business District Location

Status Active

Directions Property is at corner of Michigan Blvd. and 5th St.

City Michigan City

Zoning Description Commercial

Lot Size Square Feet 27007

Waterfront Y/N N

Listing Terms Cash Conventional

Tax Annual Amount 0

Electric Expense 0

Trash Expense 0

Standard Status Active

Total Actual Rent 0

Taxes 0

Legal Description 42-01-29-280-034 DUNCANS SLY SD MID PT BLK 6

Exterior

Fencing None

Parking Features Common Open Paved Lighted

Lot Features City Lot Corner Lot

Water Source Public

Total Parking 20

Lot Dimensions irregular

Lot Size Acres 0.62

Lot Size Source Assessor

* Excluded Features

List By

Kathleen Carr

Listing Agent

Coldwell Banker Real Estate Gr

Broker

kcarr@coldwellhomes.com

Affordability Calculator

$3,593

Per Month

Monthly Principal & Interest: $3,593
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Michigan City, IN

Average List Price ^$793,267

Percent of Sale Price 32%

About Michigan City, IN

42,412 Population

-7% Since 2002

^$42,478 Median Income

40.4 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1261196 Elementary School

1261197 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/1/2024	$600,000		Listed Price

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401 Medical Plaza, Michigan City, IN, 46360 is a Commercial Property for sale at $600,000 with 3,320 sqft and a lot size of 0.62. 401 Medical Plaza was built in 1987. The property's zip code is 46360 which is in Michigan City, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Northwest Indiana Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 12/26/2024.

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401 Medical Plaza

Commercial Property for sale in Michigan City, IN

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