Remarks

Amazing opportunity to buy this 21,000 (+/-) sq ft building and parking lot in the Uptown Arts DistCL A. apx 123 X 165. Corner of Franklin & 7th. HealthLinc occupies 85% of the building, they are moving to a new facility 4-1-24. Multiple offices, set up for many uses.Potential to convert to Mixed-Use. Michigan City will give grants up to $15,000 per unit for residential rentals. The parking lot also has development potential. 4 blocks to the south shore train with the express train (60 mins) to downtown Chicago. 20 mins to Michigan. This is the new IT lakefront community you want to be!!This property is blocks from Sola, $240M mixed use development, which includes hotel residences & retail and Station Block, the $93M+ which will include 220 residential units and poised to include retail/commercial units. This will directly impact the area with the estimated increase in value of $50M once complete. The office retail spaces in the building are currently for LEASE.

Details

MLS#: 543843
Price: $2,000,000

Style: Office
Sq Ft: 21000
Year Built: 1914

County: La Porte
Subdivision: Michigan CIty
Lot Size: 123 X 165