1407 Franklin ST Active Save Request In-Person Tour Request Virtual Tour
Michigan City,IN 46360
Key Details
Property Type Single Family Home, Commercial
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 2,178 sqft
Price per Sqft $155
MLS Listing ID 810093
Bedrooms 3
Half Baths 2
Year Built 1928
Annual Tax Amount $4,482
Tax Year 2023
Lot Size 2,178 Sqft
Property Sub-Type Apartment
Property Description
Welcome to your next investment and lifestyle opportunity nestled in the heart of Michigan City, Indiana! This versatile mixed-use commercial property boasts an enviable location just moments away from the bustling new South Shore commuter train station, making it a prime spot for both locals and commuters alike. Imagine the endless possibilities as you step into this dynamic space, perfectly positioned whether you're dreaming of a vibrant cafA(c) where commuters can grab their morning coffee or cater to a diverse array of businesses; a boutique retail space showcasing local artisans, or professional offices for entrepreneurs seeking a central hub, this property offers the ideal canvas to bring your vision to life. But it's not just about business - the upper level boasts a sprawling, 2,000 square foot exquisite residential unit with 3 bedrooms and 1 bath where sunlight streams through the oversized windows, casting a warm glow on the original hardwood floors below. Relax in the spacious living room, spacious for a oversized couch and complimented with a library nook. The gourmet kitchen awaits the culinary enthusiast while entertaining guests in the formal dining room, where intimate gatherings are elevated by the ambiance of days gone by and indulge in fireside chats with a glass of your favorite bourbon. Experience the timeless elegance of a bygone era in this meticulously preserved unit to make your home or generate income with a short-term rental. From the scenic shores of Lake Michigan to the charming boutiques and eateries of downtown Michigan City, there's no shortage of reasons for visitors to explore and discover what your establishment has to offer and your life desires. Seize the opportunity with the possibility of utilizing local improvement grants with the Michigan City Urban Enterprise Zone and the federally designated Opportunity Zone. Capture the moment to be a part of Michigan City's vibrant community and elevate your experiences to new heights!
Location
State IN
County La Porte
Zoning Commercial
Interior
Heating Forced Air,Varies by Unit,Radiant
Exterior
Exterior Feature None
View Y/N true
View true
Building
Lot Description Near Public Transit
Story Other
Others
Acceptable Financing NRA20240914140209666604000000
Listing Terms NRA20240914140209666604000000
Pets Allowed Yes