234 E 2nd Street, Michigan City, IN 46360
La Porte County
Key Facts
Description
Rare opportunity to acquire a 1.89-acre development site located north of Highway 12 in uptown Michigan City. The property, which has a clean phase 1 environmental assessment, is located within Michigan City's Opportunity Zone, North End TIF District, Uptown Arts District, and Urban Enterprise Zone, offering multiple possibilities for financial and redevelopment incentives. The CBD1 site is approximately 1/4 mile from Washington Park and the Lake Michigan shoreline. Property is well-suited for a range of development concepts, including mixed-use, multifamily/loft-style residential, or adaptive reuse of the current +/- 25,000-square-foot brick warehouse, which offers Lake Michigan views from a third story.
Property Information
Property Type
Commercial Sale
Sub-Type
Mixed Use
Year Built
1958
Living Area
25,852 sq ft
Lot Size
1.89 acres
Parking Spaces
75
Days on Market
96
MLS® Listing#
834887
Property Features
Interior
Appliances
Cooling
Heating
Basement
Parking
Laundry
Lot Features
Construction
Roof
Windows
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$12,958
Tax year 2024
Parcel Number
460129205007000022
Directions
US Hwy 12 to Spring Street, north to property on left
Affordability Calculator
$258,000
Estimated monthly payment
$6,866/mo
Principal $1,032,000 · Est. interest $1,439,732 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Michigan City, IN
- $281,481
- Median Listing Price
- 52
- Median Days on Market
- 1,845
- Median Sq Ft
- $161
- Median Price / Sq Ft
- 146
- Active Listings
- This home’s price is 358% above the area median.
- Its price per sq ft is 69% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Michigan City, IN.
Location
Points of Interest in Michigan City, IN
Showing the Michigan City area map.
Nearby Schools
St Paul Lutheran School
Secondary · 0.6 mi away
Marquette High School
Secondary · 0.7 mi away
Wee Care
School · 0.8 mi away
Elston Middle School
Elementary · 0.8 mi away
Akscissory
Secondary · 0.8 mi away
Boys & Girls Clubs of La Porte County
School · 0.9 mi away
A K Smith Area Career Center
Secondary · 0.9 mi away
Lake Hills Elementary School
Elementary · 0.9 mi away
Saint Stanislaus Kostka Catholic School
School · 0.9 mi away
Michigan City Area Schools
School · 1.0 mi away
Marsh Elementary School
Elementary · 1.1 mi away
Knapp Elementary School
Elementary · 1.8 mi away
Queen of All Saints School
School · 1.8 mi away
Michigan City Area Schools
School · 2.0 mi away
Edgewood Elementary School
Elementary · 2.2 mi away
Joy Elementary School
Elementary · 2.3 mi away
Ivy Tech Community College
School · 2.5 mi away
Krueger Middle School
Secondary · 2.5 mi away
Barker Middle School
Secondary · 2.6 mi away
St John's Preschool
School · 2.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 206 Hilltop Avenue, Michigan City, IN | $965,000 | 4 | 5 | 2,856 |
| 30 Bristol Drive, Michigan City, IN | $998,000 | 4 | 3 | 4,121 |
| 0 W 400 N, Michigan City, IN | $1,050,000 | — | — | — |
| 3417 Franklin Street, Michigan City, IN | $1,075,000 | — | — | 4,702 |
| 0 Franklin Street, Michigan City, IN | $1,399,000 | — | — | 1.72 |
| 326 Us-20, Michigan City, IN | $1,450,000 | — | — | 8,098 |
Moving Cost Estimate
EXIT Agents in Michigan City
Listing Courtesy: @properties/Christie's Intl RE - 2198747070
Presented by: Anna Radtke
Last Updated: 2026-03-04