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Trueblood Real Estate

[email protected] +1(317) 513-1395

$ 339,000

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Active

1407 Franklin ST Michigan City, IN 46360

3 Beds

1 Bath

2,178 SqFt

UPDATED:

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

Acres 0.05

Lot Dimensions 25x95

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

Interior Features Chandelier

Heating Forced Air, Varies by Unit, Radiant

Fireplace N

Appliance Built-In Refrigerator, Washer/Dryer Stacked, Refrigerator, Microwave, Gas Range

Exterior

Exterior Feature None

View Y/N true

View true

Building

Lot Description Near Public Transit

Story Other

Others

Tax ID 460132228013000022

SqFt Source Assessor

Acceptable Financing NRA20240914140209666604000000

Listing Terms NRA20240914140209666604000000

Pets Allowed Yes

Listed by @properties/Christie's Intl RE

Trueblood Real Estate

Brokerage | RB14046098

+1(317) 513-1395

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Indianapolis, IN

Trueblood Real Estate

1407 Franklin ST Michigan City, IN 46360

Key Details

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Interior

Exterior

Building

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1407 Franklin ST

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