Michigan City, IN Commercial Real Estate for Lease and Sale

Explore 23 listings of Michigan City commercial real estate to find the best space for your business.

Franklin St

Franklin St, Michigan City, IN
Property

Retail

2 SF
For Sale

$1,300,000
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320 St Johns Rd.

430 St. John Rd. , Michigan City, IN
Property

VacantLand

15,979 SF
For Sale

$1,115,000
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326 US-20 E

326 US-20 E, Michigan City, IN
Property

Retail
For Sale

$1,600,000
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Truffle's

909 Franklin St, Michigan City, IN
Property

Retail

3,565 SF
Year Built

1890
For Sale

$1,000,000
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What type of listing property are you looking for?

Office Retail Industrial

Office Retail Land
200 Cook St

200 Cook St, Michigan City, IN
Property

VacantLand
For Sale

$247,000
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430 St. Johns Rd. (Movie Theater Lot)

430 St. John Rd., Michigan City, IN
Property

Retail

15,979 SF
For Sale

$508,000
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West Parcel

430 St. John Rd., Michigan City, IN
Property

VacantLand

15,979 SF
For Sale

$608,000
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1st Source Bank

3905 Franklin Street, Michigan City, IN
Property

Retail

2,580 SF
Year Built

1997
For Sale

$1,010,000
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Meijer | In-Store Retail Space

5150 Franklin St., Michigan City, IN
Property

Retail

209,629 SF
Availability

1 Space

358 SF
Year Built

1996
For Lease Contact for pricing
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402 Royal Rd

402 Royal Rd, Michigan City, IN
Property

Industrial

400,827 SF
Availability

1 Space

400,809 SF
Year Built

1962
For Lease Contact for pricing
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7089 W 400 N

7089 W 400 N, Michigan City, IN
Property

Office

4,700 SF
Year Built

1984
For Sale

$350,000
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Michigan City Town Center

4421 Franklin Street, Michigan City, IN
Property

VacantLand

1.2 Acre
Availability

1 Space

1.2 Acre
For Lease Contact for pricing
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3072 Ohio St.

3072 Ohio St. , Michigan City, IN
Property

VacantLand
For Sale

$170,000
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9506 W Pahs Rd

9506 W Pahs Rd, Michigan City, IN
Property

VacantLand

1 SF
For Sale

$1,275,000
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Social Security Administration (SSA)

636 Pine St, Michigan City, IN
Property

Office

7,015 SF
Year Built

1999
For Sale

$750,000
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432 St. John Rd.

432 St. John Rd., Michigan City, IN
Property

Industrial

50,600 SF
Availability

1 Space

50,000 SF
For Lease

$5.95/SF/YR
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402 Royal Rd

402 Royal Rd, Michigan City, IN
Property

Industrial

400,827 SF
Availability

3 Spaces

400,827 SF
Year Built

1960
For Lease Contact for pricing
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3207 Franklin St

3207 Franklin St - Ste 3221, Michigan City, IN
Property

Retail

28,750 SF
Availability

1 Space

5,756 SF
Year Built

1953
For Lease

$9.75/SF/YR
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Lake Park Plaza

4301 Franklin St, Michigan City, IN
Property

Retail

118,686 SF
Availability

6 Spaces

10,341 SF
Year Built

1991
For Lease Contact for pricing
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The Franklin at 11th Street Station

1073 Pine St, Michigan City, IN
Property

Retail

5,900 SF
Availability

1 Space

5,350 SF
Year Built

2025
For Lease Contact for pricing
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Michigan City Town Center

4421 Franklin Street, Michigan City, IN
Property

VacantLand

1.2 Acre
For Sale Contact for pricing
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432 St. John Rd.

432 St. John Rd., Michigan City, IN
Property

Industrial

50,600 SF
For Sale

$3,250,000
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5330 Franklin Street

5330 Franklin Street, Michigan City, IN
Property

Retail

6,080 SF
Availability

1 Space

1,520 SF
Year Built

2005
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Michigan City commercial real estate market incorporates 11,715 square feet of office space across 3 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Michigan City commercial real estate market includes 175,462 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities. Across the Michigan City market, there is a total of 887,008 square feet of industrial property.

The listing inventory in Michigan City incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Michigan City is represented by Industrial space, which accounts for 811,636 square feet of available listings. Retail space available in Michigan City adds up to 21,447 square feet.

Meanwhile, most of the listings of commercial property for sale in Michigan City are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Michigan City, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $11 per square foot.

The average size of a commercial property in Michigan City depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Michigan City, the average size of an office property is 5,858 square feet.
Retail properties here incorporate an average of 25,066 square feet.
Industrial space in Michigan City is in buildings that are, on average 221,752 square feet in size.

Michigan City, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Michigan City currently add up to 927,233 square feet. Local retail availability includes 23,325 square feet across 5 retail space(s). Industrial space for rent opportunities in Michigan City amount to 851,636 square feet across a total of 3 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Retail	5	23,325
Industrial	3	851,636
Other	1	52,272

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Michigan City, IN. Currently, there is 116,401 square feet of commercial property for sale here , which includes 2 office building(s) for sale , 5 retail investment opportunity listing(s) , and 1 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Office	2	11,715
Retail	5	22,126
Industrial	1	50,600
Other	6	31,960

Michigan City, IN Commercial Real Estate for Lease and Sale

Franklin St

320 St Johns Rd.

326 US-20 E

Truffle's

200 Cook St

430 St. Johns Rd. (Movie Theater Lot)

West Parcel

1st Source Bank

Meijer | In-Store Retail Space

402 Royal Rd

7089 W 400 N

Michigan City Town Center

3072 Ohio St.

9506 W Pahs Rd

Social Security Administration (SSA)

432 St. John Rd.

402 Royal Rd

3207 Franklin St

Lake Park Plaza

The Franklin at 11th Street Station

Michigan City Town Center

432 St. John Rd.

5330 Franklin Street

Frequently Asked Questions

Michigan City, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Michigan City, IN Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Michigan City, IN?

What factors affect the price of commercial real estate in Michigan City, IN?

What are the best areas for commercial real estate in Michigan City, IN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Michigan City, IN?

Michigan City, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us