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$288,000
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Property Description
Prime Investment Opportunity! This unique property offers a versatile mix of a restaurant, multi-unit building, and a single-family home, all situated on a bustling corner lot directly across from the renowned Ames football field. Located on the main strip of Franklin Street, this property enjoys high visibility and foot traffic, making it an ideal location for businesses. The restaurant space is perfect for culinary entrepreneurs, while the multi-unit building provides rental income potential. The single-family home offers a cozy retreat in the heart of the action. Don't miss out on this rare chance to own a property with endless possibilities in a desirable location.
Full Property Details
Full Property Details for 2408 Franklin St
General
- Sold For: $288,000
- Taxes: $4,429 (2023)
- Status: Closed
- Type: Commercial
- Source: GNIAR
- MLS ID: 532291
- Added to Site: 979 day(s) ago
Exterior
- Exterior Features: Storage
Parking
- Parking Features: Common, Open, Paved
Location
- County: La Porte
- Township: Michigan
- Subdivision: NONE
- Driving Directions: From 94 turn south on Franklin St into property
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Square Feet: 5,018
- Year Built: 1910
Lot Features
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 14,375
- Lot Dimensions: 140 x 108
- Lot Features: Corner Lot, Paved
Financial Considerations
- Tax Amount: $4,429.5
- Tax Year: 2023
- Terms: Cash, Conventional, FHA
Disclosures and Reports
- Legal Description: Legal Description: 42-01-33-301-020 IN NW COR NW 1/4 SW 1/4 S33 T38 R4 .33 AC
- Property ID: 460133301020000022
Listed by Blackrock Real Estate Services
Sold by Atlas Real Estate Associates,
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Schools
Schools serving 2408 Franklin St
School District:Michigan City Area Schools
| Name | Grades | Distance |
|---|---|---|
Marsh Elementary School, Michigan City, IN 400 East Homer Street, Michigan City, IN 46360 | K-6 | 0.3 mi |
Martin T Krueger Middle School 2001 Springland Avenue, Michigan City, IN 46360 | 7-8 | 2.3 mi |
Michigan City High School 8466 West Pahs Road, Michigan City, IN 46360 | 9-12 | 2.3 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 2408 Franklin St
Date
Details
Price
Change
Source
3/29/2024
Sold
$288,000
-4%
MLS
3/04/2024
Price Reduced
$300,000
-8.81%
MLS
6/23/2023
Listed
$329,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2408 Franklin Street, Michigan City, IN 46360 (MLS# 532291) is a Commercial property that was sold at $288,000 on March 29, 2024. Want to learn more about 2408 Franklin Street? Do you have questions about finding other Commercial real estate for sale in Michigan City? You can browse all Michigan City real estate or contact a Coldwell Banker agent to request more information.

