1001 E Coolspring Ave, Michigan City, IN 46360

This 42,000 square foot building is ideal for warehousing and distribution. There is ample office space with open space for storage. Self-Storage conversion should be considered as well. Ideal for an auction facility. The property could also be converted to multi-family or senior living facility. There is a considerable amount of parking at the entrance to the building for employees and guests.

Michigan City, Indiana, offers several advantages for businesses looking to establish or expand in the area. Located on the southern shore of Lake Michigan, just 60 miles east of Chicago, the city boasts a range of attributes that make it an attractive location for various industries. Below are key attributes that may appeal to businesses considering Michigan City:

1. Strategic Location

• Proximity to Major Markets: Michigan City is just a short drive from Chicago, one of the largest metropolitan areas in the U.S., providing access to a massive consumer base and business networks.

• Transportation Hub: The city is well-connected by several major highways, including Interstate 94, U.S. Route 12, and U.S. Route 35. This connectivity facilitates efficient movement of goods and access to other parts of the country.

• Port of Michigan City: Michigan City's deepwater port offers opportunities for businesses involved in shipping, logistics, and trade, especially with the Great Lakes and international markets.

2. Affordable Real Estate

• Lower Costs: Compared to Chicago and other large urban centers, Michigan City offers more affordable commercial and industrial real estate options, which can be an attractive proposition for businesses looking to reduce overhead costs.

• Development Opportunities: There are available sites for both new construction and redevelopment in key areas, especially around the downtown region and along the waterfront.

3. Skilled Workforce

• Labor Availability: Michigan City has a relatively large labor pool, benefiting from its proximity to larger cities like Chicago and South Bend. Local workforce development programs and educational institutions provide training in key fields such as manufacturing, healthcare, and technology.

• Industry Focus: Manufacturing, logistics, and healthcare are strong sectors in Michigan City, so businesses in these industries may find it easier to hire qualified talent.

4. Business Incentives

• State and Local Tax Incentives: Indiana offers a range of tax credits and incentives for businesses, such as the Economic Development for a Growing Economy (EDGE) program, which can help offset costs for expanding or relocating businesses. Additionally, Michigan City’s local government may offer tax abatement or other incentives for qualifying businesses.

• Low Business Costs: Indiana is known for having a favorable tax climate, including low corporate income tax rates and personal property tax incentives.