415 W US Highway 20 Michigan City, IN $ 995,000
415 W US Highway 20
$ 995,000
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415 W US Highway 20

Michigan City, IN, 46360
$ 995,000
Baths0.0 Sq 4,912

Monthly Estimate*

$ 6,950

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Studio

Commercial Property for sale in Michigan City, IN

for $995,000. This 4,912 square foot building was built in 1973 on a lot size of 2.98.

Welcome to 415 W US Highway 20, Michigan City! This prime piece of real estate is the perfect location to expand or start your business. The two parcels totaling 2.98 acres and 4912 sq ft under roof, conveniently located just around the corner from the Michigan City EDC and office tower redevelopment project. The property offers a fenced back area and two flatbed trucks, making it ideal for a towing and auto center. Music Towing & Auto Center is currently open and has been operating for over 50 years! With an estimated daily traffic count of 56,063, the potential for this location is unlimited! Not to mention, the 2021 Income (Esri): Median Household Income is $50,701, adding great value to this property. Don't miss out, call today to schedule a showing!

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Commercial Active

Price

$ 995,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,899

Style

Mixed Use

Lot Size

2.98

Year Built

1973

Town/City

Michigan City

County/Region

La Porte

MLS | Web ID

527412

Features
General
Interior Features Elevator
Heating Forced Air Oil
Utilities Electricity Connected Natural Gas Available Natural Gas Connected Phone Available Sewer Available
Year Built 1973
Electric 220 Volts
Township Coolspring
Property SubType Mixed Use
Tax Year 2023
Gross Income 0
County La Porte
Net Operating Income 0
Insurance Expense 0
Property Type Commercial Sale
Subdivision Name 013
Building Features Business District Location Exterior Lighting Hydraulic Lift Meeting Room Other Private Restrooms
Close Price 0
Status Active
Directions SR149 to US20 west to 415 US-20 on North side of street
City Michigan City
Lot Size Square Feet 129809
Street Name US Highway 20
Tax Annual Amount 4899
Electric Expense 0
Trash Expense 0
Standard Status Active
Total Actual Rent 0
Taxes 0
Legal Description Legal Description: 13-05-05-451-019 IN SW 1/4 SE 1/4 S5 T37 R4 1.9391 AC & 13-05-05-451-008 IN SW COR SE 1/4 S5 T37 R4 1.0385 AC
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Exterior
Parking Features Gated Lighted
Water Source Public
Total Parking 50
Lot Dimensions irr two parcels
Lot Size Acres 2.98
Lot Size Source Assessor
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* Excluded Features
List By
David Burrow

Listing Agent

Bhhs Executive Group Re

Broker

dburrow@execgrp.com

Email

Affordability Calculator

$7,359
Per Month
94%
6%
0%
Monthly Principal & Interest
$6,950
Monthly Property Taxes
$408
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1261196 Elementary School
1261197 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
9/22/2023$995,000 -9.55% Price Down
3/17/2023$1,100,000 Listed Price

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415 W US Highway 20, Michigan City, IN, 46360 is a Commercial Property for sale at $995,000 with 4,912 sqft and a lot size of 2.98. 415 W US Highway 20 is a studio with 0.0 baths and was built in 1973. The property's zip code is 46360 which is in Michigan City, IN