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521 Franklin Street, Michigan City, IN 46360

La Porte County

Key Facts

5,775Sq Ft
1880Year Built
0.14Lot (acres)

Description

The premier hospitality, food and beverage location in Michigan City, set in the heart of the Uptown Arts District. This longstanding restaurant space will be available for occupancy beginning June 1st, offering a rare opportunity to step into a well-established setting with strong visibility and character. Featuring original tin ceilings, an open, high-volume kitchen, and an expansive dining area to match, the space is designed to accommodate both everyday service and high-volume operations. An intimate bar area and private meeting room provide added flexibility for events, private dining, or curated guest experiences. Located within the city-designated district for a 3-way liquor license, this is a turnkey opportunity in one of the area's most active and evolving corridors.

Property Information

Property Type

Commercial Lease

Sub-Type

Retail

Year Built

1880

Living Area

5,775 sq ft

Lot Size

0.14 acres

MLS® Listing#

836655

Property Features

Cooling

Central AirCeiling Fan(s)

Heating

Natural GasCentral

Basement

Storage SpaceUnfinished

Roof

Other

Utilities

Electricity ConnectedWater ConnectedSewer ConnectedNatural Gas Connected

Sewer

Public Sewer

Water Source

Public

Financial Details

Annual Taxes

$5,320

Tax year 2024

Parcel Number

460129404021000022

Directions

Franklin St. north of 11th st. Property on west.

Affordability Calculator

$800

Estimated monthly payment

$21/mo

Principal $3,200 · Est. interest $4,464 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 99% below the area median.
  • Its price per sq ft is 100% below the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Michigan City, IN.

Location

Map showing the location of 521 Franklin Street, Michigan City, IN 46360

Points of Interest in Michigan City, IN

Showing the Michigan City area map.

Nearby Schools

  • St Paul Lutheran School

    Secondary · 0.2 mi away

  • Marquette High School

    Secondary · 0.4 mi away

  • Wee Care

    School · 0.5 mi away

  • Elston Middle School

    Elementary · 0.6 mi away

  • Akscissory

    Secondary · 0.6 mi away

  • Boys & Girls Clubs of La Porte County

    School · 0.6 mi away

  • Saint Stanislaus Kostka Catholic School

    School · 0.6 mi away

  • A K Smith Area Career Center

    Secondary · 0.6 mi away

  • Marsh Elementary School

    Elementary · 0.8 mi away

  • Lake Hills Elementary School

    Elementary · 1.2 mi away

  • Michigan City Area Schools

    School · 1.2 mi away

  • Knapp Elementary School

    Elementary · 1.5 mi away

  • Queen of All Saints School

    School · 1.6 mi away

  • Michigan City Area Schools

    School · 1.9 mi away

  • Edgewood Elementary School

    Elementary · 1.9 mi away

  • Joy Elementary School

    Elementary · 2.1 mi away

  • Ivy Tech Community College

    School · 2.2 mi away

  • St John's Preschool

    School · 2.2 mi away

  • Barker Middle School

    Secondary · 2.2 mi away

  • Krueger Middle School

    Secondary · 2.5 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
0 Maryland, Michigan City, IN$3,900

Moving Cost Estimate

EXIT Agents in Michigan City

Greater Northwest Indiana Association of Realtors logo

Listing Courtesy: Coldwell Banker Realty - 2694693950

Presented by: Daren Huber

Based on information submitted to the MLS GRID as of 2026-04-07. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Last Updated: 2026-04-07

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by GNIAR. MLS® Listing#836655. © 2026EXIT Realty®. All rights reserved.