909 Franklin StMichigan City, IN 46360

For Sale
$1,000,000

Turnkey Bakery, Live/Work Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional Michigan City, Indiana property, located at 909 Franklin St, offers a unique blend of commercial and residential space. Priced at $1,000,000, this 8,265 square foot building sits on a 0.089-acre lot and includes a 6-space parking area. Currently operating as a successful bakery for over 32 years, the main floor boasts custom display cases, a kitchen equipped with a walk-in cooler and freezer (freezer requiring repair), a large Middleby Marshall baking oven, prep tables, and sinks. The space is adaptable for various retail or professional office uses. An attached four-car garage, built in 2002, provides ample storage. The upper level features a charming apartment with hardwood floors, a custom kitchen (14'x14'), dining room (10'x14'), master bedroom (14'x14') with a master bath including a jacuzzi tub and his-and-hers sinks, a second bedroom (11'x15'), a second bath, and a den/third bedroom (10'x12'). A lower level offers additional storage. Recent improvements include a new roof on the garage, fresh paint in the apartment, and more. The property is currently 50% occupied, with the possibility of a short-term leaseback of the first floor. Its prime location, less than two blocks from the new train station, presents a fantastic opportunity for a new owner. Built in 1890, this property offers a rare combination of history, functionality, and potential. The building is currently configured as a single tenancy, with a gross lease type. The property is available for immediate sale.

Highlights

  • $1,000,000 asking price for this retail property.
  • 8,265 square feet, located in Michigan City, IN.
  • Gross lease, single-tenant occupancy at 50%.
  • Property includes a 0.089-acre lot with 6 parking spaces.
  • Built in 1890, features a 4-car garage (built in 2002).

Property Details for 909 Franklin St

Property type
Other retail properties, Individual retail properties
Square Feet
8,265 SF
Year Built
1890
Lot Size (sq. ft)
3,877 SF

Location Insight

City
Michigan City
County
LaPorte
State
Indiana
Latitude
41.7123696
Longitude
-86.8996939
909 Franklin St, Michigan City, Indiana

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
909 Franklin St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message