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332 W Us-20
Michigan City, IN 46360
Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- Excellent location & a few minutes from busy Franklin Street in Michigan City with a traffic count of over 19,000 vehicles daily
- Limited competition
- Zoned B-2 General Commercial District which allows uses such as restaurant, retail, and hotel
- Ample parking - 45,700 SF of paved parking
EXECUTIVE SUMMARY
View Property Video https://www.youtube.com/watch?v=cl-u8xw8Jo0
NAI Cressy is pleased to have the exclusive listing of a portfolio of two properties. The first is 332 W. US Hwy. 20 in Michigan City. This industrial building is 38,190 SF and sits on more than 2 acres in growing Michigan City. It has overhead doors servicing the building, municipal water and sewer, as well as a value-added annual income from the billboard on premises. The site is adjacent to Dunes Plaza Shopping Mall with long-standing tenants such as Pet Smart, TJ Maxx, Dollar General, Ross, and Five Below.
• Excellent location & a few minutes from busy Franklin Street in Michigan City with a traffic count of over 19,000 vehicles daily.
• Zoned B-2 General Commercial District which allows uses such as restaurant, retail, and hotel.
• Limited competition.
• Ample parking - 45,700 SF of paved parking.
• Part of a portfolio that adds extra acres for property development.
• Municipal water and sewer.
The second property in the portfolio is adjacent 402 W. US Hwy. 20, a restaurant that sits on 2.3 acres. The properties can be sold separately or together.
This building is conveniently located on E. Michigan Blvd. (US 20) in Michigan City, IN with an average daily traffic count of over 13,000 vehicles per day, providing easy access to Michigan City’s waterfront and beaches, the City of LaPorte and the small beach towns along the coast of Lake Michigan. The property is surrounded by local and national retailers, commercial businesses, and residential neighborhoods. It is only .5 miles from US 421 and busy Franklin St. into downtown Michigan City, and only 2 miles from I-94.
NAI Cressy is pleased to have the exclusive listing of a portfolio of two properties. The first is 332 W. US Hwy. 20 in Michigan City. This industrial building is 38,190 SF and sits on more than 2 acres in growing Michigan City. It has overhead doors servicing the building, municipal water and sewer, as well as a value-added annual income from the billboard on premises. The site is adjacent to Dunes Plaza Shopping Mall with long-standing tenants such as Pet Smart, TJ Maxx, Dollar General, Ross, and Five Below.
• Excellent location & a few minutes from busy Franklin Street in Michigan City with a traffic count of over 19,000 vehicles daily.
• Zoned B-2 General Commercial District which allows uses such as restaurant, retail, and hotel.
• Limited competition.
• Ample parking - 45,700 SF of paved parking.
• Part of a portfolio that adds extra acres for property development.
• Municipal water and sewer.
The second property in the portfolio is adjacent 402 W. US Hwy. 20, a restaurant that sits on 2.3 acres. The properties can be sold separately or together.
This building is conveniently located on E. Michigan Blvd. (US 20) in Michigan City, IN with an average daily traffic count of over 13,000 vehicles per day, providing easy access to Michigan City’s waterfront and beaches, the City of LaPorte and the small beach towns along the coast of Lake Michigan. The property is surrounded by local and national retailers, commercial businesses, and residential neighborhoods. It is only .5 miles from US 421 and busy Franklin St. into downtown Michigan City, and only 2 miles from I-94.
PROPERTY FACTS
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 1965 |
| Property Subtype | Warehouse | Parking Ratio | 0.65/1,000 SF |
| Building Class | C | No. Dock-High Doors/Loading | 5 |
| Lot Size | 2.03 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 38,190 SF | ||
| Zoning | B-2 - Business | ||
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 2.03 AC |
| Rentable Building Area | 38,190 SF |
| No. Stories | 1 |
| Year Built | 1965 |
| Parking Ratio | 0.65/1,000 SF |
| No. Dock-High Doors/Loading | 5 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | B-2 - Business |
AMENITIES
- Air Conditioning
UTILITIES
- Water
- Sewer
PROPERTY TAXES
| Parcel Number | 46-05-08-202-001.000-009 | Improvements Assessment | $332,291 CAD |
| Land Assessment | $121,064 CAD | Total Assessment | $453,354 CAD |
PROPERTY TAXES
Parcel Number
46-05-08-202-001.000-009
Land Assessment
$121,064 CAD
Improvements Assessment
$332,291 CAD
Total Assessment
$453,354 CAD
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