3417 Franklin Street, Michigan City, IN 46360
Brinckmanns 2nd Sub · La Porte County
Key Facts
Description
Positioned in a high-visibility commercial corridor, this 4,702 SF property offers a rare opportunity for investors, owner-operators, or developers seeking a flexible commercial asset. Located on .79 Acre adjacent to national and regional traffic drivers McDonalds and Biggby Coffee, the site benefits from strong daily exposure and consistent consumer flow and an average daily traffic count of over 19,340 VPD (2025). Currently configured as a tunnel car wash, the property has been thoughtfully updated with newer equipment over time and had an established a loyal customer base. The building includes a welcoming waiting area and reception/office space, and is equipped to support vacuum services and full interior/exterior detailing operations. Zoned B-2 (General Commercial), this property presents exceptional versatility for adaptive reuse. Potential redevelopment opportunities include retail, office, restaurant, medical, or service-oriented concepts--allowing buyers to reimagine the space to meet evolving market demands. All prospective uses should be verified with the City of Michigan City. An estimated 14+ parking spots with current design. Block and metal construction. Whether you're looking to revitalize an existing business or transform the site into a new commercial venture, this property offers the location, infrastructure, and flexibility to bring your vision to life. Schedule your private tour today or reach out for additional details.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Year Built
1959
Living Area
4,702 sq ft
Lot Size
0.79 acres
Parking Spaces
10
Days on Market
9
MLS® Listing#
836463
Property Features
Cooling
Heating
Parking
Construction
Roof
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$8,567
Tax year 2024
Parcel Number
460505277029000009
Directions
From Hwy 20 and Franklin St, turn north on Franklin St to the property on the west side of the street.
Affordability Calculator
$215,000
Estimated monthly payment
$5,722/mo
Principal $860,000 · Est. interest $1,199,777 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Michigan City, IN
- $282,143
- Median Listing Price
- 53
- Median Days on Market
- 1,845
- Median Sq Ft
- $160
- Median Price / Sq Ft
- 148
- Active Listings
- This home’s price is 281% above the area median.
- Its price per sq ft is 43% above 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
Ivy Tech Community College
School · 0.4 mi away
Edgewood Elementary School
Elementary · 0.4 mi away
St John's Preschool
School · 0.5 mi away
Barker Middle School
Secondary · 0.6 mi away
Knapp Elementary School
Elementary · 0.8 mi away
Marsh Elementary School
Elementary · 1.1 mi away
Saint Stanislaus Kostka Catholic School
School · 1.2 mi away
Joy Elementary School
Elementary · 1.2 mi away
A K Smith Area Career Center
Secondary · 1.3 mi away
Boys & Girls Clubs of La Porte County
School · 1.3 mi away
Elston Middle School
Elementary · 1.3 mi away
Akscissory
Secondary · 1.3 mi away
Wee Care
School · 1.3 mi away
Queen of All Saints School
School · 1.4 mi away
Marquette High School
Secondary · 1.4 mi away
St Paul Lutheran School
Secondary · 1.6 mi away
Michigan City Area Schools
School · 1.7 mi away
Michigan City High School
Secondary · 1.8 mi away
Pine Elementary School
Elementary · 2.3 mi away
Michigan City Area Schools
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 |
|---|---|---|---|---|
| 0 Us Highway 421, Michigan City, IN | $759,000 | — | — | — |
| 5201 S 325 E, Star City, IN | $799,999 | 4 | 5 | 6,825 |
| 119 Blaine Street, Michigan City, IN | $825,000 | 4 | 3 | 2,922 |
| 403 Lake Shore Drive, Michigan City, IN | $849,000 | — | — | — |
| 110 Arndt Street, Michigan City, IN | $849,000 | 3 | 2 | 2,490 |
| 110 Arndt Street, Michigan City, IN | $849,000 | 5 | 4 | 2,019 |
Moving Cost Estimate
EXIT Agents in Michigan City
Listing Courtesy: RE/MAX Lifestyles - 2194622121
Presented by: Matt Evans
Last Updated: 2026-04-01