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3417 Franklin St 4,702 SF Specialty Building Offered at $1,499,088 CAD in Michigan City, IN 46360



Executive Summary
Positioned in a high-visibility commercial corridor, this 4,702 SF property offers a rare opportunity for investors, owner-operators, or developers seeking a flexible commercial asset. Located on .79 Acre adjacent to national and regional traffic drivers McDonalds and Biggby Coffee, the site benefits from strong daily exposure and consistent consumer flow and an average daily traffic count of over 19,340 VPD (2025). Currently configured as a tunnel car wash, the property has been thoughtfully updated with newer equipment over time and had an established a loyal customer base. The building includes a welcoming waiting area and reception/office space, and is equipped to support vacuum services and full interior/exterior detailing operations. Zoned B-2 (General Commercial), this property presents exceptional versatility for adaptive reuse. Potential redevelopment opportunities include retail, office, restaurant, medical, or service-oriented concepts—allowing buyers to reimagine the space to meet evolving market demands. All prospective uses should be verified with the City of Michigan City. An estimated 14+ parking spots with current design. Block and metal construction. Whether you're looking to revitalize an existing business or transform the site into a new commercial venture, this property offers the location, infrastructure, and flexibility to bring your vision to life. Schedule your private tour today or reach out for additional details.
Property Facts
| Price | $1,499,088 CAD | Lot Size | 0.73 AC |
| Price Per SF | $318.82 CAD | Building Size | 4,702 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1959 |
| Property Subtype | Car Wash | ||
| Zoning | Commericial - B2 | ||
| Price | $1,499,088 CAD |
| Price Per SF | $318.82 CAD |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Lot Size | 0.73 AC |
| Building Size | 4,702 SF |
| No. Stories | 1 |
| Year Built | 1959 |
| Zoning | Commericial - B2 |
Amenities
- Signage
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 46-05-05-277-029.000-009 | Improvements Assessment | $153,087 CAD |
| Land Assessment | $220,167 CAD | Total Assessment | $373,254 CAD |
Property Taxes
Parcel Number
46-05-05-277-029.000-009
Land Assessment
$220,167 CAD
Improvements Assessment
$153,087 CAD
Total Assessment
$373,254 CAD
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3417 Franklin St
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