Merrion Realty
                 

1604-1608 Franklin St, Michigan City, IN 46360 (MLS # 438599)

Property Information

Entrepreneurs & investors don't miss this rare opportunity! Desirable property is located on Michigan City's main street. highly visible location. Three business establishment in front currently bring in $1175/mo rent Each store has their own gas & electric meters. a(and furnace) Owner pays for hot & cold water & sanitation.Ideally located near historic/arts district, outlet mall, restuarants, and a straight shot to the beaches of Lake Michigan. Home behind business could be your Michigan City getaway... or used as and additional income producing proerty. The 3 bedroom 2 bath home has 2010 sq ft of living space.

General Information

Price: $135,000.00
Annual Tax Amount: $2,280.00
Status: Sale Pending
Listing Type: Commercial & Income

Interior Information

Bedrooms: 0
Baths: 0
Number of Rooms Total: 0
Square Footage: 0
Year Built: 0

Exterior Information

Lot Acreage: 0.2424
Lot Dimensions: 59 x 179

Features

Garage Car Size: 0

1604-1608 Franklin St, Michigan City, IN

  • 438599
  • 438599
  • 438599
  • 438599
  • 438599
  • 438599
  • 438599
  • 438599
  • 438599
  • 438599
  • 438599
  • 438599
  • 438599
  • 438599
  • 438599
  • 438599

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Population Demographics

Median Age: 48.28

Employment

Managerial: 23.10%
Service: 16.43%
Farming: 0.00%
Craft: 0.00%
Laborer: 3.72%
Sales: 12.71%
Admin: 11.47%
Professional: 32.56%

Housing Inventory

Owned: 61.27%
Average Home Value: 218,904
Rented: 38.73%
Average Rent: 589

Household

Median household income: 46,579
Married with children: 29.96%
Married without children: 70.04%
Single with children: 10.64%
Single without children: 89%

Population Age Range

0-9: 7.4%
10-17: 11.0%
18-29: 8.8%
30-39: 8.8%
40-49: 17.9%
50-64: 23.1%
65+: 23.0%

Education

No High School: 6.64%
High School: 20.20%
Some College: 24.08%
Colege Graduate: 31.16%
Post Graduate: 17.92%

Temperature (Degrees F)

Average Low: 39.8
Average High: 58.4
Average January Low: 14.1
Average January High: 29.6
Average July Low: 62.7
Average July High: 83.3

Precipitation (Inches)

Yearly Total: 4003
January: 215
July: 398

Map

Directions

on Franklin next to Albano's

Agent Information

JaneCooley

Jane Cooley

Mobile: 219-873-4487
Office: 219-872-4000
Fax: 219-872-4182
Email: hatlady@usa.net

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