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2814 Franklin St 3,960 SF Office Building Michigan City, IN 46360 $1,026,130 CAD ($259.12 CAD/SF)



Investment Highlights
- 3,960 SF office building
- Move-in ready
- Spacious waiting room
- Full remodel in 1994
- Large parking lot with 27 spaces
Executive Summary
Move-In Ready Office Building along Franklin St in the Beautiful Edgewood Neighborhood! Solidly built of CMU Block, brick, and stucco. The owners hired an architect and a professional interior designer when performing a full remodel in 1994. The large parking lot with 27 spaces and multiple points of ingress/egress is a rare find and a major highlight of the property. Enter a spacious waiting room and reception area with 3 reception windows. Skylights provide ample light and an open feel through the halls. A total of 10 offices, with two large enough for conference use. Between the hall and the reception area are two small testing rooms. Additional storage rooms for maximum organization and secure storage of sensitive documents. The utility room has interior and exterior access for easy building maintenance. The building is ADA-compliant with two ADA bathrooms and easy ramp access from the parking lot. Employees can enjoy use of the break area and designated employee bathroom. A new vinyl roof and underlayment insulation in 2016, plus an IB roof coating in 2024, ensure years more of useful life. The landscaping and grass are all irrigated. The building has an active security system through Sentinel Alarm. The building layout allows for the potential of multiple tenants.
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
3,960 SF
Building Class
C
Year Built/Renovated
1962/1994
Price
$1,026,130 CAD
Price Per SF
$259.12 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,960 SF
Building FAR
0.19
Lot Size
0.49 AC
Zoning
B2
Parking
27 Spaces (6.82 Spaces per 1,000 SF Leased)
Amenities
- Security System
- Wheelchair Accessible
- Natural Light
- Secure Storage
- Air Conditioning
1 1
Fairly walkable
50/100
Moderately drivable
60/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 46-01-33-312-022.000-022 | Total Assessment | $275,507 CAD |
| Land Assessment | $116,998 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $158,509 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
46-01-33-312-022.000-022
Land Assessment
$116,998 CAD
Improvements Assessment
$158,509 CAD
Total Assessment
$275,507 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
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2814 Franklin St
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