1409 Franklin St, Michigan City, IN 46360 For Sale

Located in a prime commercial area, this versatile 10,049 SF property combines 5,000 SF of industrial space with 5,049 SF of retail space, providing unique flexibility for diverse business needs. Zoned B2 and set on a 0.11-acre lot, this property features a drive-in door and a 16-foot ceiling height, which is ideal for accommodating various industrial activities. Built in 1949, the building offers onsite and street parking, catering to both tenants and visitors. The retail portion is currently occupied by Rent-A-Center, with the lease set to expire at the end of 2024, making it a compelling opportunity for new retail ventures.

The industrial area is well-equipped with three-phase electricity, ensuring robust power capabilities, and includes two bathrooms, a mezzanine office space for added convenience, and an overhead heater. With multiple tenancy options and flexible zoning, this property is well-positioned for businesses seeking both visibility and functionality in a single location.