Listing provided courtesy of Coldwell Banker RealtyNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 836655MLS Provider

521 Franklin StreetMichigan City, IN 46360

Commercial · 5,775 Sq. ft. | 0.14 Acres
$4,000 Active

521 Franklin Street Overview

Time on Site:
83 days
Visits:
0

The premier hospitality, food and beverage location in Michigan City, set in the heart of the Uptown Arts District. This longstanding restaurant space will be available for occupancy beginning June 1st, offering a rare opportunity to step into a well-established setting with strong visibility and character. Featuring original tin ceilings, an open, high-volume kitchen, and an expansive dining area to match, the space is designed to accommodate both everyday service and high-volume operations. An intimate bar area and private meeting room provide added flexibility for events, private dining, or curated guest experiences. Located within the city-designated district for a 3-way liquor license, this is a turnkey opportunity in one of the area's most active and evolving corridors.

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521 Franklin Street Facts & Features

  • Type Commercial
  • Sq. ft. 5,775
  • Price/Sq.ft. $1
  • Lot 0.14 Acres

Details

General

Association/HOA

  • Common Interest: None

Building Information

  • Year Built: 1880

Location/Region

  • County Or Parish: La Porte
  • Township: Michigan

Rent/Lease Information

  • Lease Term: Negotiable

Tax Information

  • Tax Annual Amount: 5320
  • Tax Year: 2024

General Information

  • Parcel Number: 460129404021000022
  • Property Sub Type: Retail
  • Property Type: Commercial Lease
  • Special Listing Conditions: None

Interior

Building Interior

  • Building Area Source: Assessor

General Information

  • Building Features: Meeting Room,Private Restrooms
  • Electric: 200+ Amp Service
  • Heating: Central,Natural Gas
  • Living Area: 5775

Exterior

Lot Information

  • Lot Size Acres: 0.1366
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5950
  • Water Source: Public

Waterfront/View

  • Waterfront: false

General Information

  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Water Connected,Sewer Connected,Natural Gas Connected

521 Franklin Street Neighborhood

Community

46360 (Michigan City) Demographics

40
Median Age
543
Population Density (per sq. mile)
29%
College Educated
$50,075
Estimated Median Income
11,503
Estimated Total Home Owners
6,112
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

521 Franklin Street Market Data

Based on the last 30 days in this zip code

$438,983
Average List Price
$237
Average Price per Square Foot
44
Properties Sold
130
Average Days on Market
228
Properties for Sale
Calculations provided by Reliance Network

521 Franklin Street History

Date Event Value Agent
5/11/2026Source: Northwest Indiana MLS Status Change
Accepting Backup Offers
4/7/2026Source: Northwest Indiana MLS Added to Database
April 07, 2026
3/8/2026Source: Northwest Indiana MLS Price Reduction
$1,590,000 -3.6%
9/29/2025Source: Northwest Indiana MLS Added to Database
September 29, 2025