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Street
Commercial Land for Sale in Michigan City, Indiana
326 US-20, Michigan City, IN 46360
$1,450,000
3.5 acres
Active
$150k drop
Est $7,423/mo3.5 acres commercial lot on highway 20, this is one of the most desirable commercial sites in Michigan City, there is an existing vacant Motel building on the land, if you are in the motel business, this is your chance to renovate this Motel to meet the city requirements / code and start making money, if you are in a different business the options are endless, environment study already done along with stake survey, seller will consider leasing the Motel or the ground, call for more details, forgot to mention that there is a billboard on site bringing extra money every month.
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Sq feet
1952
Built
Location
- Street address
- 326 US-20
- County
- LaPorte County
- Elevation
- 643 feet
Directions
on High way 20 right across from Vontobels
Property details
- Acreage
- 3.5 acres
- MLS #
- GNIAR 807715
- Posted
Property taxes
- 2023
- $3,815
Parcels
- 460504377002000009
Legal description
13-05-04-377-002 IN E 1/2 SW 1/4 CMG 1300 FT E OF SW COR SW 1/4 S4 T37 R4. 3.5 A
Details and features
Listing
- Type
- Commercial Sale
Exterior
- Features
- Level
Structure
- Heating
- Radiant
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Jan 28, 2025 | Price drop | $1,450,000 | $150,000 -9.4% | GNIAR |
| July 31, 2024 | New listing | $1,600,000 | — | GNIAR |
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