3940 Franklin Street, Michigan City, IN 46360

$675,000

  • Open House
  • New Listing
  • Price Reduced$124,900
  • Sold
  • Leased
-1 More Schedule
  • 0 BedroomBeds
  • 0 BathroomBaths
  • 5,726Sqft
  • 0Acres
  • Commercial SaleType
  • Active Under ContractStatus
  • 832360MLS#
-1 More Schedule

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Property Description 3940 Franklin Street, Michigan City, IN 46360

This commercial property has 130' of frontage on highly trafficked Franklin Street, just north of Highway 20. Currently set up as a large restaurant, it features a bright entrance foyer and waiting area with seating for 12 and 3 indoor dining rooms plus a 3-season room with ceiling heaters. All dining rooms feature stone gas fireplaces. Three beverage/server stations, a large dish pit room, a 12-seat bar, and substantial kitchen space, along with 2 walk-ins and basement leave potential for many dining options. 3-way liquor license available with acceptable offer. Property also listed for lease; see MLS #826377.



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Property Details 3940 Franklin Street, Michigan City, IN 46360

  • On Market Date: 01/02/2026
  • Year Built: 1965
  • Sq. Ft.: 5,726
  • MLS#: 832360
  • Type: Commercial Sale
  • Status: Active Under Contract
  • Lot Size: 66,211
  • Price: $675,000
  • City: Michigan City
  • State: IN
  • Zip: 46360
  • County: La Porte
  • Price Per Sq Ft: $118
  • Acreage: 1
  • Development: NO
  • Date Last Updated: 03/18/2026
  • Property tax: $20,477
  • Basement: Yes
  • Pool: NO
  • Water: Public
  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Cooling: Central Air

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