About 521 Franklin Street
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.
Features of 521 Franklin Street
| MLS® # | 828505 |
|---|---|
| Price | $1,650,000 |
| Bathrooms | 0.00 |
| Square Footage | 21,057 |
| Acres | 0.28 |
| Year Built | 1880 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 521 Franklin Street |
|---|---|
| City | Michigan City |
| County | La Porte |
| State | IN |
| Zip Code | 46360 |
Amenities
| Utilities | Cable Connected, Sewer Connected, Water Connected, Natural Gas Connected, Electricity Connected |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Central |
|---|---|
| Fireplace | No |
| Has Basement | Yes |
| Basement | Unfinished |
Exterior
| Exterior Features | None |
|---|
Additional Information
| Date Listed | September 29th, 2025 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Daren Huber |
|---|---|
| Office | Coldwell Banker Realty |