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Commercial Land for Sale in Michigan City, Indiana

Franklin St, Michigan City, IN 46360

$1,499,000
1.72 acres
pending
Under contract

Prime commercial opportunity located directly on Highway 421 (Franklin Street). This 1.72-acre corner lot offers excellent visibility and access in a high-traffic area, surrounded by major national retailers including Walmart Supercenter, Meijer, Lowe's Home Improvement, Menards, Hobby Lobby, TJ Maxx, R.P. Home & Harvest, Kohl's, and many others. The property is strategically positioned with 14 hotels within a one-mile radius and is just minutes from the I-94 exit, making it ideal for retail, hospitality, or service-oriented development. The front 1.2 acres are development-ready, providing an immediate opportunity for construction. Call for additional information.

Location

Street address
Franklin St
Elevation
656 feet
Coordinates
41.6686, -86.8933

Directions

from I-94 exit to Michigan City go North the lot is few minutes pass the first light, next to Walmart and across the street from Panera Bread

Property details

Acreage
1.72 acres
MLS #
GNIAR 811999
Posted

Property taxes

2023
$1,400 - 13-05-09-300-012 PCE 150 X 500 FT CMG 945 FT N & 52.29 FT E OF SW COR SW 1/4 S 9 T37 R4. 1.722 A

Parcels

  • 460509300012000009

Legal description

Details and features

Listing

Type
Land
Zoning
Commercial

Lot

Features
Corner Lot, Few Trees, Rectangular Lot

Structure

Water
Public
Sewer
Public Sewer

Property utilities

CategoryTypeStatusDescription
WaterPublicAvailable

Listing history

DateEventPriceChangeSource
Oct 16, 2025Under contract$1,300,000GNIAR
Oct 16, 2025Listing removed$1,300,000Listing agent
Aug 14, 2025Under contract$1,300,000GNIAR
Apr 17, 2025New listing$1,300,000GNIAR
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This 1.72-acre property is located at Franklin St in Michigan City, IN 46360. The property is pending sale.

Checked 7 hours ago — Updated

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Copyright (C) 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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