
5172 Franklin Street, Michigan City, IN 46360
La Porte County
Key Facts
Description
Prime commercial space now available for immediate lease! from 1300 sqf up to 8000 sqf. This 8,000 sq. ft. corner unit offers outstanding visibility and high traffic exposure, featuring expansive windows along the front and sides for maximum natural light and display potential. Located right on Franklin Street, this highly desirable property sits among major national retailers, making it an ideal spot for attracting steady customer flow. Previously occupied by American Mattress, the space is move-in ready for your business. With a direct half-mile connection to the I-94 entrance and exit, accessibility is unmatched for both customers and deliveries. Don't miss this opportunity to secure a premium location in a thriving commercial corridor. Landlord is open to divide to small spaces.
Property Information
Property Type
Commercial Lease
Sub-Type
Retail
Year Built
1996
Living Area
8,000 sq ft
Lot Size
1.72 acres
Days on Market
11
MLS® Listing#
840500
Property Features
Cooling
Heating
Flooring
Parking
Roof
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$39,330
Tax year 2025
Directions
From I-94 take exit 34 north, will take you straight to 5172 Franklin St, across the street from Chase Bank.
Affordability Calculator
$2,800
Estimated monthly payment
$75/mo
Principal $11,200 · Est. interest $15,625 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Michigan City, IN
- $282,143
- Median Listing Price
- 53
- Median Days on Market
- 1,845
- Median Sq Ft
- $160
- Median Price / Sq Ft
- 148
- Active Listings
- This home’s price is 95% below the area median.
- Its price per sq ft is 99% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Michigan City, IN.
Location
Points of Interest in Michigan City, IN
Showing the Michigan City area map.
Nearby Schools
St John's Preschool
School · 0.7 mi away
Ivy Tech Community College
School · 0.8 mi away
Barker Middle School
Secondary · 0.9 mi away
Edgewood Elementary School
Elementary · 1.3 mi away
Michigan City High School
Secondary · 1.6 mi away
Knapp Elementary School
Elementary · 1.7 mi away
Coolspring Elementary School
Elementary · 1.8 mi away
Joy Elementary School
Elementary · 1.9 mi away
Pine Elementary School
Elementary · 2.0 mi away
Marsh Elementary School
Elementary · 2.3 mi away
Saint Stanislaus Kostka Catholic School
School · 2.4 mi away
Queen of All Saints School
School · 2.4 mi away
A K Smith Area Career Center
Secondary · 2.4 mi away
Boys & Girls Clubs of La Porte County
School · 2.5 mi away
Constructive Pathways Montessori School
Elementary · 2.5 mi away
Elston Middle School
Elementary · 2.5 mi away
Akscissory
Secondary · 2.5 mi away
Wee Care
School · 2.5 mi away
Michigan City Area Schools
School · 2.6 mi away
Marquette High School
Secondary · 2.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 0-0 Willard Avenue, Michigan City, IN | $15,000 | — | — | — |
| 0 Willard Avenue, Michigan City, IN | $15,000 | — | — | — |
| 0 Ohio Street, Michigan City, IN | $15,000 | — | — | — |
| 0 Tennessee (corner Lot) Street, Michigan City, IN | $16,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Michigan City
Listing Courtesy: @properties/Christie's Intl RE - 2192432120
Presented by: Zakaria Elhidaoui
Last Updated: 2026-06-11














