431 St John RdMichigan City, IN 46360

For Sale
$608,000

5.38 Acres, I-94 Proximity

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional 5.38-acre commercial land parcel presents a unique investment opportunity in Michigan City, Indiana. Strategically located just 1.5 miles north of the interchange of I-94 and US-421 (Franklin Street exit), this property offers unparalleled access to major transportation arteries. Its location provides convenient access to both Chicago (under 60 miles southeast) and South Bend (approximately 40 minutes west). The site is zoned B-2 and boasts approximately 2.8 usable acres, with the potential for expansion. This parcel is part of a larger redevelopment project encompassing a significant area, including a mall and office tower, within the Michigan City Economic Development Corporation's (EDC) initiative. The property's proximity to this ongoing redevelopment project suggests significant future growth potential. Furthermore, the possibility exists to combine this lot with adjacent parcels, resulting in a substantial 16.46-acre commercial development site. This presents a rare chance to acquire a sizable, well-located parcel in a thriving area, ideal for a variety of commercial ventures. The asking price for this prime commercial land is $608,000. The property's address is 431 St John Rd, Michigan City, IN 46360.

Highlights

  • 5.58-acre parcel (2.8 acres usable) available.
  • Excellent location: 1.5 miles north of I-94 and US-421 interchange (Franklin, IN), ~60 miles southeast of Chicago Loop, 40 minutes west of South Bend.
  • Expansion potential: Combinable with adjacent lots for up to 16.46 acres of B-2 zoned land.
  • Situated within the Michigan City EDC, Mall, and Office Tower Redevelopment Project.

Property Details for 431 St John Rd

Property type
Other land, Land
Lot Size (sq. ft)
234,353 SF

Location Insight

City
Michigan City
County
LaPorte
State
Indiana
Latitude
41.6838037
Longitude
-86.9019076
431 St John Rd, Michigan City, Indiana

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431 St John Rd
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