Date
Details
Price
Change
Source
1/04/2026
Listed
$5,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$5,500
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Property Description
This commercial property has 130' of frontage on highly trafficked Franklin Street, just north of Highway 20. Currently set up as a large restaurant, it features a bright entrance foyer and waiting area with seating for 12 and 3 indoor dining rooms plus a 3-season room with ceiling heaters. All dining rooms feature stone gas fireplaces. Three beverage/server stations, a large dish pit room, a 12-seat bar, and substantial kitchen space, along with 2 walk-ins and basement leave potential for many dining options. 3-way liquor license available with acceptable offer. Property also listed for sale; see MLS #818260.
Full Property Details
Full Property Details for 3940 Franklin St
General
- Price: $5,500
- Taxes: $20,477 (2023)
- Status: Active
- Type: Commercial Lease
- Source: GNIAR
- MLS ID: 832359
- Updated: 1/4/2026
- Added to Site: 14 day(s) ago
Exterior
- Exterior Features: Lighting
Parking
- Parking Features: Paved
Location
- County: La Porte
- Township: Coolspring
- Driving Directions: Franklin Street to property on east
Heating & Cooling
- Heating Type: Natural Gas
Structural Information
- Square Feet: 5,726
- Year Built: 1965
Lot Features
- Lot Size (Acres): 1.52
- Lot Size (Sq. Ft.): 66,211.2
Financial Considerations
- Tax Amount: $20,477.98
- Tax Year: 2023
Disclosures and Reports
- Legal Description: W SD MID PT S 1/2 SW 1/4 S4 T37 R4. 1.52 A
Listed by @properties/Christie's Intl RE
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Listing agent
— 3940 Franklin St —
@properties/Christie's Intl RE
NMLS#: 1598647
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Schools
Schools serving 3940 Franklin St
School District:Michigan City Area Schools
| Name | Grades | Distance |
|---|---|---|
Edgewood Elementary School, Michigan City, IN 502 Boyd Circle, Michigan City, IN 46360 | K-6 | 0.7 mi |
Barker Middle School 319 East Barker Avenue, Michigan City, IN 46360 | 7-8 | 1.6 mi |
Michigan City High School 8466 West Pahs Road, Michigan City, IN 46360 | 9-12 | 1.6 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 3940 Franklin St
Estimate the Cost
Estimate the Cost for 3940 Franklin St
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- Commercial Lease
- Active
- 4,800Sq. Ft.
Listed by LaPorte County Realty, Inc.
- Commercial Lease
- Active
- 1,150Sq. Ft.
Listed by Coldwell Banker Real Estate Gr
- Commercial Lease
- Active
- 831Sq. Ft.
Listed by @properties/Christie's Intl RE
- Commercial Lease
- Active
- 800Sq. Ft.
Listed by @properties/Christie's Intl RE
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- Single Family
- Active
- Updated 3 days ago
- 4Beds
- 3Total Baths
- 2,160Sq. Ft.
Listed by Michele Cihak (219) 861-2073
![[Address not provided], New Buffalo, MI 49117 - Photo 1](https://m1.cbhomes.com/p/240/26001369/0f5E1aD62B9E46e/s23cc.webp)
- Single Family
- Active
- Updated 4 days ago
- 3Beds
- 2Total Baths
- 2,000Sq. Ft.
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- Lots/Land
- Active
- Updated 4 days ago
- 0.1377Acres
Listed by @properties/Christie's Intl RE
- Single Family
- Active
- Updated 2 days ago
- 2Beds
- 2Total Baths
- 1,646Sq. Ft.
3940 Franklin Street, Michigan City, IN 46360 (MLS# 832359) is a Commercial Lease property. 3940 Franklin Street is currently listed for $5,500 and was received on January 04, 2026. Want to learn more about 3940 Franklin Street? Do you have questions about finding other Commercial Lease 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.