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$1,450,000
Est. payment /mo
8,098 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
Square Footage 8,098 sqft
Price per Sqft $179
MLS Listing ID 841057
Year Built 1952
Annual Tax Amount $3,844
Tax Year 2025
Lot Size 3.500 Acres
Property Sub-Type Hotel/Motel
Property Description
Prime 3.5+/- Acre Commercial Development Opportunity on Highly Traveled Highway 20 in Michigan City, Indiana. Positioned along one of Michigan City's busiest commercial corridors, this 3.5-acre property offers exceptional visibility, strong traffic counts, and outstanding accessibility. Located directly on Highway 20 and surrounded by established national and regional retailers, service businesses, and commercial developments, the site provides an ideal setting for a wide variety of commercial uses. The property is strategically located just minutes from the Interstate 94 interchange, providing convenient access for local and regional customers alike. The surrounding area features major retail destinations including Meijer, Lowe's, Von Tobel, automotive dealerships, restaurants, and other thriving commercial businesses, creating a strong commercial presence and customer base. Previously operated as a motel, the property presents multiple redevelopment possibilities. Investors and entrepreneurs may choose to renovate and revive the existing motel operation or pursue a completely new commercial vision. Potential uses include hospitality, retail, office, medical, mixed-use development, self-storage, automotive services, restaurant concepts, or other commercial ventures, subject to local approvals. With its prime location, high visibility, excellent traffic exposure, and flexible development potential, this property offers a rare opportunity to establish or expand a business in one of Michigan City's most active commercial corridors. Endless possibilities await--bring your vision and capitalize on this exceptional Highway 20 location.
Location
State IN
County La Porte
Interior
Heating Hot Water
Cooling Other
Fireplace No
Exterior
Utilities Available Electricity Connected, Water Connected, Natural Gas Connected
Roof Type Shingle
Building
Structure Type Brick,Other
Others
Acceptable Financing Cash, Other, Conventional
Listing Terms Cash, Other, Conventional
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Listed by @properties/Christie's Intl RE
NEARBY SCHOOL & BUSINESS
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Joanna Lewkowicz
Designated Managing Broker | Owner | 471.018027 471018027
+1(708) 963-0011 | joanna@boutiquehomerealty.com