234 E 2nd ST, Michigan City, IN 46360
234 E 2nd ST, Michigan City, IN 46360
234 E 2nd ST, Michigan City, IN 46360
7
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$1,290,000
Est. payment /mo
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25,852 SqFt
Price Dropped by $160K

234 E 2nd ST Michigan City, IN 46360

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Gus Morquecho

Gus Morquecho

+1(219) 308-2266

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 25,852 sqft

Price per Sqft $49

MLS Listing ID 834887

HOA Y/N No

Year Built 1958

Annual Tax Amount $12,958

Tax Year 2024

Lot Size 1.890 Acres

Acres 1.89

Property Sub-Type Mixed Use

Property Description

Rare opportunity to acquire a 1.89-acre development site located north of Highway 12 in uptown Michigan City. The property, which has a clean phase 1 environmental assessment, is located within Michigan City's Opportunity Zone, North End TIF District, Uptown Arts District, and Urban Enterprise Zone, offering multiple possibilities for financial and redevelopment incentives. The CBD1 site is approximately 1/4 mile from Washington Park and the Lake Michigan shoreline. Property is well-suited for a range of development concepts, including mixed-use, multifamily/loft-style residential, or adaptive reuse of the current +/- 25,000-square-foot brick warehouse, which offers Lake Michigan views from a third story.

Location

State IN

County La Porte

Zoning Commercial

Rooms

Basement Storage Space

Interior

Interior Features High Ceilings

Heating Natural Gas

Fireplace N

Appliance Gas Water Heater, Water Heater

Exterior

Parking Features Off Street, On Street, Alley Access, Additional Parking, Other

View Y/N true

Building

Lot Description Few Trees, Rectangular Lot, Near Public Transit

Sewer Public Sewer

Water Public

Others

Tax ID 460129205007000022

Acceptable Financing NRA20260303163525721464000000

Listing Terms NRA20260303163525721464000000

Listed by @properties/Christie's Intl RE • Anna Radtke

Nearby Locations

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Gus Morquecho

Gus Morquecho

Broker Associate | License ID: RB140551680

+1(219) 308-2266

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234 E 2nd ST