
Commercial Land for Sale in Michigan City, Indiana
Franklin St, Michigan City, IN 46360
Prime Commercial Opportunity - Highway 421 (Franklin Street). Exceptional 1.72-acre corner lot located directly on highly traveled Highway 421 (Franklin Street) in the heart of Michigan City's primary retail corridor. This property offers excellent visibility, strong traffic counts, and easy access, making it ideal for retail, hospitality, restaurant, medical, or service-oriented development. The site is 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--creating a powerful retail draw and steady consumer traffic. Strategically positioned with 14 hotels within a one-mile radius and just minutes from the I-94 interchange, the location captures both local and interstate traffic. 1.2 acres development-ready at the front of the parcel Strong corner presence High-growth commercial corridor Excellent accessibility With approximately 3.3 million annual visitors, Michigan City continues to establish itself as a regional destination. The area is currently experiencing nearly 2 billion in ongoing and planned development, along with new residential communities under construction--driving additional demand and long-term growth. This is one of the last remaining commercial land opportunities on Franklin Street. contact us for more information.
Location
- Street address
- Franklin St
- County
- LaPorte County
- Elevation
- 657 feet
Directions
Highway 94 to North Michigan City Exit, one block to property on the right side, across the street from Panera Bread, on Franklin St, on the corner of Franklin St and the entrance of Walmart St.
Property details
- Acreage
- 1.72 acres
- MLS #
- GNIAR 834470
- Posted
Property taxes
- 2025
- $1,290
Parcels
- 460509300012000009
Legal description
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
Details and features
Listing
- Type
- Land
- Zoning
- Commercial
Lot
- Features
- Corner Lot, Few Trees, Rectangular Lot
Structure
- Water
- Public
- Sewer
- Public Sewer
Property utilities
| Category | Type | Status |
|---|---|---|
| Water | Public | Available |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Feb 24, 2026 | New listing | $1,499,000 | — | GNIAR |






