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521 Franklin Street
Michigan City IN 46360 US

$1,650,000

Active Listing ID 828505
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Lot: 0.28 Acres
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Mixed Use

$1,650,000

Active Listing ID 828505
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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.

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Property Features

  • Facts
  • Lot Size: 0.28 Acres
  • Property Type: Commercial Sale
  • Property Sub-type: Mixed Use
  • Features
  • Heating Fuels: Central

Property

  • propertytype: Commercial Sale
  • propertysubtype: Mixed Use
  • listprice: 1650000
  • unparsedaddress: 521 Franklin Street
  • postalcity: Michigan City
  • stateorprovince: IN
  • country: US
  • postalcode: 46360
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.284
  • lotsizeunits: Acres
  • lotsizearea: 0.284
  • livingarea: 21057
  • livingareaunits: Square Feet
  • latitude: 41.716405
  • longitude: -86.901888
  • listagentfullname: Daren Huber
  • listagentemail: daren.huber@cbrealty.com
  • listagentkey: 3yd-GNIARIN-13735
  • listagentmlsid: 13735
  • listagentpreferredphone: 8474048900
  • listagentofficephone: 8474048900
  • listofficekey: 3yd-GNIARIN-728
  • listagentstatelicense: RB15000509
  • listofficemlsid: 728
  • disclaimer: Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: GNIARIN
  • yearbuilt: 1880
  • listingcontractdate: 2025-09-29
  • countyorparish: La Porte
  • parcelnumber: 460129404021000022
  • heating: Central
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Coldwell Banker Real Estate
  • architecturalstyle: Other
  • rooms: Basement
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -86.901886, 41.716404
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Coldwell Banker Residential", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"lindstrom.taylor@gmail.com", "ListBrokerageCity":"New Buffalo", "ListBrokerageCountry":"US", "ListBrokerageEmail":"lindstrom.taylor@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Coldwell Banker Residential", "ListBrokeragePhone":"847-404-8900", "ListBrokeragePostalCode":"49117", "ListBrokerageStateOrProvince":"MI", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"10 N. Whitaker Street", "ListBrokerageWebsiteUrl":null, "ListOfficeAddress1":"10 N Whittaker St.", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"18138", "ListOfficeCity":"New Buffalo", "ListOfficeCountry":"US", "ListOfficeEmail":"natalie.carpenter@cbexchange.com", "ListOfficePostalCode":"49117", "ListOfficeStateOrProvince":"MI", "ListPriceCurrencyType":"USD", "ListingTitle":"Mixed Use - Michigan City, IN", "ListingURL":"https://listings.listhub.net/pages/GNIARIN/828505/?channel=rexren", "MLSModificationTimestamp":"2025-09-29T18:01:14Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":"Mixed Use", "RawPropertyType":"Commercial Sale", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":11988, "TaxDescription":null, "TaxYear":"2024"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 9/30/2025 12:06:38 PM GMT
Source Updated Date: 12/5/2025 6:42:08 PM GMT

Courtesy of: Daren Huber, Coldwell Banker Realty, daren.huber@cbrealty.com

Copyright © 2025 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.