1407 Franklin Street, Michigan City, IN

$275,000

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4,336

Square feet

0.05

Acres

About 1407 Franklin Street

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.

Features of 1407 Franklin Street

MLS® # 840570
Price $275,000
Bathrooms 0.00
Square Footage 4,336
Acres 0.05
Year Built 1928
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 1407 Franklin Street
City Michigan City
County La Porte
State IN
Zip Code 46360

Amenities

Utilities Electricity Connected, Water Connected, Sewer Connected, Natural Gas Connected
Parking On Street
Is Waterfront No
Has Pool No

Interior

Appliances Gas Range, Water Heater, Refrigerator, Microwave
Heating Forced Air
Fireplace No
Has Basement Yes
Basement Storage Space, Unfinished

Exterior

Exterior Features None
Lot Description Near Public Transit

Additional Information

Date Listed June 12th, 2026
Foreclosure No
Short Sale No

Listing Details

AgentGiorgios Karayannis
Office@properties/Christie's Intl RE

Listing Map

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