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$299,000
3 Beds ⋅ 2 Baths
Versatile mixed-use commercial property with classic architecture is ideally positioned near the new South Shore commuter train station and The Franklin at 11th Street Station, a landmark 12-story luxury apartment development bringing new energy, residents, and momentum to downtown Michigan City. With the South Shore Line connecting Chicago's Millennium Station near Millennium Park to the South Bend International Airport, this value-add asset offers exceptional visibility and accessibility for commuters, tourists, and local patrons alike. Whether your vision is a vibrant cafe or delicatessen for morning commuters, a boutique retail space showcasing local makers, or another business concept that serves Michigan City's growing downtown, this property provides the ideal canvas. The opportunity extends beyond the commercial space. The upper level features an impressive 2,000-square-foot residential unit with 3 bedrooms and 1 bath, offering flexibility for owner occupancy or potential short-term rental use. Sunlight fills the apartment through oversized windows, highlighting the original hardwood floors and timeless character throughout. The spacious living room includes a charming library nook, while the formal dining room creates an inviting setting for intimate gatherings and fireside conversations. From the scenic shores of Lake Michigan to downtown boutiques, restaurants, arts, entertainment, and the expanding commuter corridor, this property is surrounded by reasons for people to live, work, visit, and invest in Michigan City. Additional incentives may be available through local improvement grants connected to the Michigan City Urban Enterprise Zone and the federally designated Opportunity Zone.Bring your vision and a hammer to capture the moment to be a part of Michigan City's continued growth and position your business, investment, or lifestyle vision in one of the city's most exciting downtown locations.

1407 Franklin Street, Michigan City
$299,000
Versatile mixed-use commercial property with classic architecture is ideally positioned near the new South Shore commuter train station and The Franklin at 11th Street Station, a landmark 12-story luxury apartment development bringing new energy, residents, and momentum to downtown Michigan City. With the South Shore Line connecting Chicago's Millennium Station near Millennium Park to the South Bend International Airport, this value-add asset offers exceptional visibility and accessibility for commuters, tourists, and local patrons alike. Whether your vision is a vibrant cafe or delicatessen for morning commuters, a boutique retail space showcasing local makers, or another business concept that serves Michigan City's growing downtown, this property provides the ideal canvas. The opportunity extends beyond the commercial space. The upper level features an impressive 2,000-square-foot residential unit with 3 bedrooms and 1 bath, offering flexibility for owner occupancy or potential short-term rental use. Sunlight fills the apartment through oversized windows, highlighting the original hardwood floors and timeless character throughout. The spacious living room includes a charming library nook, while the formal dining room creates an inviting setting for intimate gatherings and fireside conversations. From the scenic shores of Lake Michigan to downtown boutiques, restaurants, arts, entertainment, and the expanding commuter corridor, this property is surrounded by reasons for people to live, work, visit, and invest in Michigan City. Additional incentives may be available through local improvement grants connected to the Michigan City Urban Enterprise Zone and the federally designated Opportunity Zone. Bring your vision and a hammer to capture the moment to be a part of Michigan City's continued growth and position your business, investment, or lifestyle vision in one of the city's most exciting downtown locations.

1407 Franklin Street, Michigan City
$529,000
1 Baths
Prime investment opportunity in the heart of downtown Michigan City! Looking for a multi-unit property that also includes a retail space? This fully leased, mixed-use property offers immediate cash flow and long-term upside in a highly desirable location. The commercial building boasts a new roof (2024), furnace, 200 amp service and many other updates and improvements! The street-level retail space enjoys excellent visibility and steady foot traffic, making it an ideal anchor for the property. Two residential apartments above the retail space provide consistent rental income---one of which has been completely renovated with modern finishes, offering strong tenant appeal and reduced maintenance concerns. Adding further value is a separate carriage house, enhancing the overall versatility of the property. All units are currently rented with active leases in place, making this a true turnkey investment. Situated in a vibrant corridor of Michigan City, this property is conveniently located one block from the south shore train station. Whether you're looking to expand your portfolio or secure a stable, income-producing asset in a prime location, this property delivers on all fronts!

1115 Franklin Street, Michigan City
$529,000
Prime investment opportunity in the heart of downtown Michigan City! Looking for a multi-unit property that also includes a retail space? This fully leased, mixed-use property offers immediate cash flow and long-term upside in a highly desirable location. The commercial building boasts a new roof (2024), furnace, 200 amp service and many other updates and improvements! The street-level retail space enjoys excellent visibility and steady foot traffic, making it an ideal anchor for the property. Two residential apartments above the retail space provide consistent rental income---one of which has been completely renovated with modern finishes, offering strong tenant appeal and reduced maintenance concerns. Adding further value is a separate carriage house, enhancing the overall versatility of the property. All units are currently rented with active leases in place, making this a true turnkey investment. Situated in a vibrant corridor of Michigan City, this property is conveniently located one block from the south shore train station. Whether you're looking to expand your portfolio or secure a stable, income-producing asset in a prime location, this property delivers on all fronts!

1115 Franklin Street, Michigan City
$99,000
4 Beds ⋅ 3 Baths
Here's a fabulous opportunity for the savvy investor or handyperson! Spacious rooms and 9 foot ceilings create the warm and homey feel of yesteryear. The large covered front porch to the foyer lead to the living room with shadowbox display shelving and original wood floors. The formal dining room has a lovely bump-out window nook, ceiling fan with light and a closet with unfinished basement access. The bright eat-in kitchen has wood cabinetry, nice backsplash and side door to handicap ramp. A nice sized bedroom, full bath and laundry room with cupboards and door to side yard complete the main. Upstairs you'll find two more bedrooms and a central room that would be perfect as a playroom, office space or fourth bedroom. A three quarter bath means convenience too. This classic, 2 story home is loaded with charm and potential. Bring your TLC and fresh ideas to restore it to its former glory. Come see it today!

1621 W 10th Street, Michigan City
$210,000
3 Beds ⋅ 2 Baths
Investors! Great opportunity in Michigan City close to local highways, shopping and beaches! Property has 2 homes and a large barn! All it needs is your vision and a little TLC! Schedule your private showing today!

3640 Henry Street, Michigan City
$500,000
Discover a rare and inspiring architectural offering in the heart of The Pines. Designed and built in 1950, this striking mid-century modern church showcases exceptional craftsmanship, set along Hwy 12 near Beverly Shores, Mount Baldy, Kemil Beach, and just minutes from Michigan City and Chesterton. The iconic sanctuary building by architect Joseph Krofta, a known Modernist who worked with Mies van der Rohe and was an educator at Illinois Institute of Technology (IIT), offers approximately 10,896+/- square feet, highlighted by dramatic vaulted cathedral wood ceilings, exposed beams, and an expansive open interior that creates an unforgettable sense of space and light. Situated on multiple original lots, the property features TWO distinct structures. The Church also features a mezzanine loft, offices, bathrooms, and a basement with kitchen, bathroom, classrooms/meeting rooms, mech room and more. Complementing the main structure is the former parsonage house, offering approximately 1,540+/- SF, ideal for renovation and adaptation. This one-of-a-kind property presents tremendous potential for a variety of uses. Whether envisioned as a continued place of worship or spiritual retreat, or with change a unique event or wedding/gathering venue, commercial space, or a creative residential conversion, the possibilities are as expansive as the architecture itself. Currently zoned B-2, however, Buyer shall verify zoning and permitted and intended uses with the Town of Pines before purchase. Served by public water and private septic system. Extra lot may be opp for parking expansion or additional structures. Property is sold AS-IS. This is an exceptional opportunity to own a landmark property for a tremendous price per SF!

4274 W Dunes Highway, Michigan City
$899,000
7 Beds ⋅ 7 Baths
Rare 7-Unit Investment Opportunity in Sheridan Beach! Just one block from the shores of Lake Michigan, this fully occupied Studio units offers investors the chance to own an income-producing property in one of Northwest Indiana's most sought-after lakefront neighborhoods. All seven one-bedroom units are occupied, with tenants paying utilities, providing immediate rental income. Located minutes from Sheridan Beach, Washington Park, the marina, Uptown Arts District, Blue Chip Casino, and the South Shore Line with direct access to downtown Chicago, this property benefits from strong rental demand and exceptional long-term appreciation potential. Whether you're expanding your portfolio, completing a 1031 exchange, or seeking a premier Northwest Indiana investment, opportunities like this are increasingly rare. Schedule your private showing today and see why Sheridan Beach remains one of Michigan City's most desirable investment locations.

514 Lake Shore Drive, Michigan City
$1,590,000
Prime Downtown Mixed-Use Building in the Arts District! Outstanding opportunity to own a 10-unit building right in the heart of the vibrant Arts District. The property features three street-level commercial spaces -- two versatile office/retail storefronts and one restaurant space with established infrastructure. Upstairs, you'll find seven unique apartments, each with its own character and layout, offering a mix of options for tenants seeking something distinctive. With a mix of 0pen loft-style stuidos and one-bedroom units, these apartments attract long-term renters who value individuality and prime downtown living. The building sits on a highly visible block surrounded by galleries, shops, and restaurants, making it a sought-after location for both commercial and residential tenants. Strong income from a diverse range of tenants make this a great investment opportunity.

521 Franklin Street, Michigan City
$149,000
5 Beds ⋅ 1 Baths
Generating a solid 9.15 CAP rate, this property delivers immediate cash flow with additional upside potential for future growth. A spacious 5 BR 1 BA home offers over 1,700 square feet of living space and presents a strong investment opportunity with a long-term tenant already in place. The home features a functional layout with two bedrooms on the main level and three additional bedrooms upstairs, along with a main-floor bathroom and convenient laundry area. An enclosed front porch and rear entryway add extra usable space. The current tenant has occupied the property for many years, providing stability and consistent income, with a lease secured through March 31, 2027. The tenant is responsible for utilities, Landlord covers taxes and insurance, simplifying management. Ideally located in the economically developing Michigan City area near the Lake Michigan shoreline and the South Shore Rail Line to Chicago, this property is well-positioned for possible long-term appreciation. Showings are available Saturdays at 11:00 AM and Wednesdays at 4:00 PM, in consideration of the tenant. Schedule your in-person or virtual tour today to secure this generously sized, nicely performing investment.

105 Hancock Avenue, Michigan City
$899,900
PRIME ACCESSIBILITY & ROOM TO GROW Exceptional opportunity to establish or expand your business in this modern, flexible space -- ideal for an ophthalmology or dental office, veterinarian clinic, or bank, as well as other professional uses. Featuring a functional layout with multiple patient rooms, a large lobby, lab, and break room, this property is perfectly suited for one or two professionals. Situated on just under 4.5 acres with 20+ parking spaces and ample room for future expansion, it offers convenience and visibility near Highway 421 and I-94, providing easy access to Chicago and surrounding Northwest Indiana communities. Nearby dining and retail options make daily operations seamless, while the property's contemporary design creates a sophisticated and welcoming environment for both clients and staff. A truly strategic, high-visibility location for your growing business!

9856 W 400 N, Michigan City

Updated . Information deemed reliable but not guaranteed.