332-402 W. US Hwy 20 FOR SALE


Michigan City, IN
$2,250,000 USD
574-286-0971
, Michigan City, IN for Sale
$2,250,000 USD
FOR SALE
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332-402 W. US Hwy 20
Michigan City, IN


HIGHLIGHTS

  • Excellent location & a few minutes from busy Franklin Street in Michigan City with a traffic count of over 19,000 vehicles daily
  • Zoned B-2 General Commercial District which allows uses such as restaurant, retail, and hotel
  • Limited competition
  • Ample parking - 45,700 SF of paved parking

OVERVIEW

NAI Cressy is pleased to have the exclusive listing of a portfolio of two properties. The first is 332 W. US Hwy. 20 in Michigan City. This industrial building is 38,190 SF and sits on more than 2 acres in growing Michigan City. It has overhead doors servicing the building, municipal water and sewer, as well as a value-added annual income from the billboard on premises. The site is adjacent to Dunes Plaza Shopping Mall with long-standing tenants such as Pet Smart, TJ Maxx, Dollar General, Ross, and Five Below. The second property in the portfolio is adjacent 402 W. US Hwy. 20, a restaurant that sits on 2.3 acres. The Sugar Bowl Restaurant is approximately 4,000 SF and sits on 2.3 acres in growing Michigan City. With pristine beaches and close to the Indiana Dunes and the south shore of Lake Michigan, Michigan City has it all. The restaurant has a vast history, establishing loyal customers. It can seat 100 customers, has a reception counter, private dining area for conferences or small parties, full kitchen, storage room, and restrooms. The owner is willing to sell the business and a two-way liquor license. The properties can be sold separately or together.

ASK ABOUT THIS PROPERTY

Rick DoolittleNAI CressyMore Info
574-286-0971

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Rick DoolittleNAI CressyMore Info
574-286-0971

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.