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$300,000
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Property Description
Over 14,000 square feet of commercial and or Industrial buildings on little over 2 acres in new booming area across from old State Prison and just blocks off Hwy 12 (4th St) Must have a 3 year lease back on property at 12% return
Full Property Details
Full Property Details for 515 Sheridan Ave
General
- Sold For: $300,000
- Taxes: $4,236 (2023)
- Status: Closed
- Type: Business
- Source: GNIAR
- MLS ID: 813678
- Added to Site: 409 day(s) ago
Exterior
- Exterior Features: Rain Gutters, Storage
Parking
- Parking Features: Additional Parking
Location
- County: La Porte
- Township: Michigan
- Subdivision: South Shore
- Driving Directions: Take 4th st to Sheridan by old prison see signs
School Information
- High School District: Michigan City
Heating & Cooling
- Heating Type: Forced Air
Structural Information
- Square Feet: 14,485
- Year Built: 1953
Lot Features
- Lot Size (Acres): 2.055
- Lot Size (Sq. Ft.): 89,515.8
- Lot Dimensions: 200 x 447 irr
- Lot Features: City Lot, Corner Lot, Level, Irregular Lot
- Zoning: Industrial
Financial Considerations
- Tax Amount: $4,236
- Tax Year: 2023
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: South Shore Acres N PT Lot 1
- Property ID: 460131251007000022
Listed and Sold by Woodlands & Waters Real Esta
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Schools
Schools serving 515 Sheridan Ave
School District:Michigan City Area Schools
| Name | Grades | Distance |
|---|---|---|
Pine Elementary School 1660 Co Line Rd, Michigan City, IN 46360 | PK-6 | 2.3 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 | 3.6 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 515 Sheridan Ave
Date
Details
Price
Change
Source
6/06/2025
Sold
$300,000
-14.26%
MLS
12/04/2024
Listed
$349,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
515 Sheridan Avenue, Michigan City, IN 46360 (MLS# 813678) is a Business property that was sold at $300,000 on June 06, 2025. Want to learn more about 515 Sheridan Avenue? Do you have questions about finding other Business 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.

