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$2,000
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Property Description
With the new resort going in at Potato Creek this property could be a great opportunity. Will build to suit. Large commercial space for lease. Main level of this downtown Lakeville building. Willing to rent part of space as deemed necessary by tenant. Features: signage, front entry, conference room, 5+ office spaces, back warehouse space with tall ceilings (overhead door could be installed), 1 full bathroom, 1 half bathroom, and basement storage. Appx 2,352 sf plus another 600 sf of storage in basement. Could be a great archery shop, gun store, mechanic shop, insurance agency, financial planner, restaurant, shared office space, or HVAC/plumber/roofer storefront and shop space.
Full Property Details
Full Property Details for 123 S Michigan St
General
- Price: $2,000
- Status: Active
- Type: Commercial Lease
- Source: Indiana_Regional_MLS
- MLS ID: 202545493
- Updated: 11/10/2025
- Added to Site: 131 day(s) ago
Interior
- Flooring: Concrete, Vinyl
Location
- Subdivision: 29x165
- Driving Directions: U.S. 31 south to Lakeville, past Patterson St. Property is located on West side of US 31
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air
- Heating Fuel: Forced Air
Utilities
- Sewer: City
Structural Information
- Basement Entrance: 46536
- Basement Desc.: Unfinished
- Roof: Shingle
- Year Built: 1907
Lot Features
- Lot Size (Acres): 0.11
- Lot Size (Sq. Ft.): 4,792
Disclosures and Reports
- Documents Avail.: None
Listed by eXp Realty, LLC, Adam Pendl
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Schools
Schools serving 123 S Michigan St
School District:Union-North United School Corporation
| Name | Grades | Distance |
|---|---|---|
Laville Elementary School 12645 Tyler Road, Lakeville, IN 46536 | K-6 | 3.8 mi |
Laville Jr-Sr High School 69969 U.S.31, Lakeville, IN 46536 | 7-12 | 3.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 123 S Michigan St
Date
Details
Price
Change
Source
11/10/2025
Listed
$2,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 123 S Michigan St
123 S Michigan Street, Lakeville, IN 46536 (MLS# 202545493) is a Commercial Lease property. 123 S Michigan Street is currently listed for $2,000 and was received on November 10, 2025. Want to learn more about 123 S Michigan Street? Do you have questions about finding other Commercial Lease real estate for sale in Lakeville? You can browse all Lakeville real estate or contact a Coldwell Banker agent to request more information.

