This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$53,500
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
Fantastic commercial opportunity located in the heart of the quaint town of Lakeville. This property was most recently used for a restaurant and is zoned Commercial/Retail. Equipment includes a small soda/beer cooler, refrigerator, 2 stainless steel shelving units, a stainless steel prep area, wall shelving and a prep sink with dishwashing table. Paved parking can accommodate approximately 8 cars, with public overflow parking to the south and across the street. Large Unisex bathroom has been updated and is handicap accessible. Seller is checking into the status of the 3-way liquor license, which if available could be purchased for an additional $15,000.
Full Property Details
Full Property Details for 101 S Michigan St
General
- Sold For: $53,500
- Taxes: $1,903 (2024)
- Status: Closed
- Type: Retail
- Source: Indiana_Regional_MLS
- MLS ID: 202446537
- Added to Site: 419 day(s) ago
Interior
- Flooring: Carpet, Concrete
Exterior
- Exterior Features: Vinyl
- Color: Vinyl
Location
- Subdivision: 65 x 162
- Driving Directions: From South Bend, south on Old US 31 into Lakeville. Property is on the west side of the street at the northwest corner of Michigan Street and Patterson Street.
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Gas, Forced Air
- Heating Fuel: Gas, Forced Air
Utilities
- Sewer: City
Structural Information
- Exterior Const.: Vinyl
- Basement Entrance: 46536
- Basement Desc.: Slab
- Roof: Asphalt, Shingle
- Year Built: 1927
Manufactured Home
- Model: Patterson
Lot Features
- Lot Size (Acres): 0.25
- Lot Size (Sq. Ft.): 10,890
- Driveway/Sidewalk: Asphalt
Financial Considerations
- Tax Amount: $1,903.96
- Tax Year: 2024
Disclosures and Reports
- Documents Avail.: Equipment List, Legal Description
Listed by Open Door Realty, Inc, Tina Herman
Open Door Realty, Inc
![]()
Get Pre-Approved Today
Schools
Schools serving 101 S Michigan St
School District:Union-North United School Corporation
| Name | Grades | Distance |
|---|---|---|
Laville Elementary School 12645 Tyler Road, Lakeville, IN 46536 | K-6 | 3.9 mi |
Laville Jr-Sr High School 69969 U.S.31, Lakeville, IN 46536 | 7-12 | 3.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 101 S Michigan St
Date
Details
Price
Change
Source
1/13/2025
Sold
$53,500
-17.69%
MLS
12/06/2024
Listed
$65,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
101 S Michigan Street, Lakeville, IN 46536 (MLS# 202446537) is a Retail property that was sold at $53,500 on January 13, 2025. Want to learn more about 101 S Michigan Street? Do you have questions about finding other Retail real estate for sale in Lakeville? You can browse all Lakeville real estate or contact a Coldwell Banker agent to request more information.

