About 1416 Franklin Street
This versatile space is designed for multi-tenant use, offering strong investment and income potential. 3 blocks from the new South Shore train Station and "The Franklin" luxury apartment development. On the street level along Franklin Street, you'll find a spacious three-office suite along with a separate standalone retail space, perfect for a variety of business uses. The second floor features a residential unit with 2 bedrooms and 1.5 bathrooms--ideal for owner occupancy or rental income. The main building has a brand-new roof installed in 2025, adding peace of mind for future ownership. At the rear of the property on Ripley sits an industrial building, formerly home to a bolt company. This structure includes a loading dock and generous warehouse space, making it ideal for storage, light manufacturing, or distribution. Located in a rapidly developing area with increasing foot traffic and investment, this property offers endless possibilities for entrepreneurs and investors alike. Schedule your tour today and explore the potential firsthand.
Features of 1416 Franklin Street
| MLS® # | 835851 |
|---|---|
| Price | $599,000 |
| Bathrooms | 0.00 |
| Square Footage | 12,470 |
| Acres | 0.42 |
| Year Built | 1947 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 1416 Franklin Street |
|---|---|
| Subdivision | Land Cos Add/Michigan City |
| City | Michigan City |
| County | La Porte |
| State | IN |
| Zip Code | 46360 |
Amenities
| Utilities | Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected |
|---|---|
| Parking Spaces | 14 |
| Parking | Additional Parking, On Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dryer, Washer, Refrigerator, Gas Range, Freezer |
|---|---|
| Heating | Forced Air, Natural Gas |
| Fireplace | No |
| Has Basement | Yes |
| Basement | Unfinished |
Exterior
| Exterior Features | Storage |
|---|---|
| Lot Description | Corner Lot, Landscaped |
Additional Information
| Date Listed | March 21st, 2026 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
Listing Details
| Agent | Vince Kisala |
|---|---|
| Office | Coldwell Banker Real Estate Gr |