910 Franklin StMichigan City, IN 46360

For Sale
$169,900

Profitable Pizzeria, Downtown Michigan City

Overview

Added:
Dec 11, 2024
Days on market:
91
This 1,300 sq ft restaurant, located at 910 Franklin St, Michigan City, IN 46360, presents a unique owner-user investment opportunity. The property, built in 1925 and completely renovated in 2023, boasts a prime location in the downtown Arts District, near the South Shore Double Tracks and Lake Michigan beaches. The asking price is $169,900, reflecting a price per square foot of $130.69. The building sits on a 0.113 sq ft lot (APN: 460129476009000022). Over $100,000 was invested in building renovations and over $97,000 in new pizza equipment. The current lease, with approximately three years remaining, is $800 per month and includes a renewal option. This established business benefits from a highly visible location near the Blue Chip Casino, Prime Outlet Mall, and the zoo, attracting significant foot traffic. The sale includes the business and its established clientele. The property's charming exterior, envisioned with a white picket fence and cozy sidewalk seating, adds to its appeal. This turnkey operation is ready for a new owner to capitalize on its success and prime location. The business is open and ready to go.

Highlights

  • Over $97,000 in new pizza equipment.
  • Over $100,000 in building renovations.
  • Established business with loyal clientele.
  • Prime downtown location near South Shore Double Tracks, Lake Michigan, Blue Chip Casino, Prime Outlet Mall, and the zoo.
  • Turnkey operation, open and ready for immediate occupancy.

Property Details for 910 Franklin St

Property type
Other retail properties, Restaurants
Square Feet
1,300 SF
Year Built/Renovated
1925/2023
Units
1

Location Insight

City
Michigan City
County
LaPorte
State
Indiana
Latitude
41.712452166641
Longitude
-86.899288529254
910 Franklin St, Michigan City, Indiana

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910 Franklin St
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