Merrion Realty
                 

1401 Franklin St. E, Michigan City, IN 46360 (MLS # 346319)

Property Information

Excellent Investment Opportunities. Rentals offer many possibilities. There are three individual store/office/business fronts; that have main street visibility. An additional space on the side that could be used for office,store or other small business space. One warehouse in rear and two rental apartments that are located upstairs. Large lot behind building that could be used for parking and plenty of off street parking. Convenient to South Shore, Amtrak, Outlet Mall, Blue Chip Casino Hotel & Conference Center and Lake Michigan. Currently all spaces are rented and leases would go with sale of property.

General Information

Price: $249,900.00
Annual Tax Amount: $0.00
Status: Sale Pending
Listing Type: Commercial & Income

Interior Information

Bedrooms: 0
Baths: 0
Number of Rooms Total: 0
Square Footage: 0
Year Built: 1910

Exterior Information

Lot Acreage: 0.1636
Lot Dimensions: 75 x 95

Features

Garage Car Size: 1

1401 Franklin St. E, Michigan City, IN

  • 346319
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Contact Cindy Hernandez

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Population Demographics

Median Age: 48.28

Employment

Managerial: 23.10%
Service: 16.43%
Farming: 0.00%
Craft: 0.00%
Laborer: 3.72%
Sales: 12.71%
Admin: 11.47%
Professional: 32.56%

Housing Inventory

Owned: 61.27%
Average Home Value: 218,904
Rented: 38.73%
Average Rent: 589

Household

Median household income: 46,579
Married with children: 29.96%
Married without children: 70.04%
Single with children: 10.64%
Single without children: 89%

Population Age Range

0-9: 7.4%
10-17: 11.0%
18-29: 8.8%
30-39: 8.8%
40-49: 17.9%
50-64: 23.1%
65+: 23.0%

Education

No High School: 6.64%
High School: 20.20%
Some College: 24.08%
Colege Graduate: 31.16%
Post Graduate: 17.92%

Temperature (Degrees F)

Average Low: 39.8
Average High: 58.4
Average January Low: 14.1
Average January High: 29.6
Average July Low: 62.7
Average July High: 83.3

Precipitation (Inches)

Yearly Total: 4003
January: 215
July: 398

Map

Directions

Franklin Street North to property

Agent Information

CindyHernandez

Cindy Hernandez

Mobile: 219-229-2478
Office: 219-872-4000
Fax: 219-872-4182
Email: cindyhernandez@merrionrealty.com

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