(219) 872-4000
Merrion and Associates REALTORS
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Featured Listing

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E Highway 20
Michigan City, IN 46360
$499,000.00
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S Woodland Ave
Michigan City, IN 46360
$335,600.00

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Franklin Street North to property

Agent Information

CindyHernandez
Cindy Hernandez
Real Estate Broker
  • Mobile: 219-229-2478
  • Office: 219-872-4000
  • Fax: 219-872-4182

1401 Franklin St. E, Michigan City, IN 46360
Price (Reduced): $249,900.00

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    346319
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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

MLS Number: 346319
Price (Reduced): $249,900.00

Interior Information

Square Footage: 0

Exterior Information

Lot Acreage: 0.1636
Lot Dimensions: 75 x 95
Year Built: 1910

Features

Municipal Water: Yes
Parking: Garage, Public Parking, Unpaved Parking
Sewer Type: City

School Information

Gallery

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  • 346319
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Local Statistics

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