1407 Franklin Street, Michigan City, IN 46360
Local realty services provided by:Better Homes and Gardens Real Estate Connections
Listed by: giorgios karayannis
Office: @properties/christie's intl re219-874-7070
MLS#:840571
Source:Northwest Indiana AOR as distributed by MLS GRID
1407 Franklin Street,Michigan City, IN 46360
$299,000
- 3 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Price summary
- Price:$299,000
About this home
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....
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Home facts
- Year built:1928
- Listing ID #:840571
- Added:3 day(s) ago
- Updated:June 15, 2026 at 02:29 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:2
- Half bathrooms:2
- Kitchen Description:Gas Range, Microwave, Refrigerator
- Basement:Yes
- Basement Description:Basement
Structure and exterior
- Year built:1928
- Lot area:0.05 Acres
Utilities
- Water:Public
Finances and disclosures
- Price:$299,000
- Tax amount:$4,611 (2025)
Parking
- Parking description:On Street
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