Improved Commercial Land for Sale in Michigan City, Indiana
4987 W US Highway 20 Michigan City, IN 46360
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Map
$769,000
4.27 acres
Active sale$27k dropEst $4,562/mo
Excellent location for a large office user or potential income property. 2 story 10,144 SF office building located on Hwy 20 less than 10 minutes from downtown Michigan City. Building is separately metered and could easily be divided and leased to separate tenants. There are 20 private offices, 3 conference rooms, 4 private restrooms, a break room with kitchen, server room, and multiple storage rooms. The building sits on 4.27 acres and currently has 33 parking spaces. 2021 pay 2022 taxes $6,168.44. Call to schedule your showing today.
10,144
Sq feet
1996
Built
Directions
Head East on US Hwy 20 from IN-49. Property is located roughly 5.5 miles down the road on the North side. Company sign reads: Palko Services.
Location
- Street Address
- 4987 W US Highway 20
- County
- Porter County
- Elevation
- 636 feet
Property details
- MLS Number
- GNIAR 521366
- Date Posted
Parcels
- 640410426005000009
Legal description
Legal Description: PARC IN NE SE DESC DR OF 12-1-03 10-37-5 4.27A
Detailed attributes
Listing
- Type
- Commercial Sale
- Subtype
- Office
- Franchise
- Century 21 Real Estate
Structure
- Heating
- Central Furnace
Interior
- Features
- Accessible Elevator Installed, Elevator, Fire Alarm, Security System
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 11, 2024 | Relisted | $769,000 | — | GNIAR |
| Feb 29, 2024 | Listing removed | $769,000 | — | — |
| Oct 4, 2023 | Price drop | $769,000 | $27,000 -3.4% | GNIAR |
| June 29, 2023 | Price drop | $796,000 | $53,900 -6.3% | GNIAR |
| May 13, 2023 | Price drop | $849,900 | $100,000 -10.5% | GNIAR |
| Oct 14, 2022 | New listing | $949,900 | — | GNIAR |
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