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About This Home
This 0-bedroom, 0-bathroom single family at 1416 Franklin Street in Michigan City, IN is listed for $649,000 ($52 per sqft). Built in 1947, the home offers 12,470 sqft of living space on a 0.42 acres lot.
This versatile space is designed for multi-tenant use, offering strong investment and income potential. 3 blocks from the new South Shore train Station and "The Franklin" luxury apartment development. On the street level along Franklin Street, you'll find a spacious three-office suite along with a separate standalone retail space, perfect for a variety of business uses.
The second floor features a residential unit with 2 bedrooms and 1.5 bathrooms--ideal for owner occupancy or rental income. The main building has a brand-new roof installed in 2025, adding peace of mind for future ownership. At the rear of the property on Ripley sits an industrial building, formerly home to a bolt company.
This structure includes a loading dock and generous warehouse space, making it ideal for storage, light manufacturing, or distribution. Located in a rapidly developing area with increasing foot traffic and investment, this property offers endless possibilities for entrepreneurs and investors alike. Schedule your tour today and explore the potential firsthand.
Key Features
- Built in 1947
- 0.42 acre lot
- 14 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$3,471/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1416 Franklin Street
Michigan City, IN 46360
Land Cos Add/Michigan City
Features & Amenities
Exterior Features
Property Details
Views
Parking
Heating
Appliances
Questions & Answers
This 0-bedroom, 0-bathroom single family at 1416 Franklin Street is listed at $649,000 ($52/sqft). The estimated monthly payment is $2,812 based on 20% down at 6.5% interest.
Key features include: Built in 1947, 0.42 acre lot, 14 parking spaces. Exterior Features: Storage.
This property is listed by Vince Kisala and can be reached at 3128042193 or vince@kisala.com.
























