Catylist ID:
#30811129
17 +/- Acres RETAIL DEVELOPMENT $333,128.00
Vacant Land
for Sale
| Catylist Listing ID: | 30811129 |
| Property Subtypes: | Retail, Retail-Pad, Other |
| Gross Land Area: | 17.53 Acres |
| Sale Price: | See Agent |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/17/2023 |
Overview / Comments
|
Two Parcels 17.534 acres are located in Michigan City, Coolspring Township, Laporte County of Northwest Indiana which is a small tertiary market tending to experience catch-up economic reflection of secondary and primary markets such as Chicago and Indianapolis. The town of Michigan City is in proximity to the Indiana Dunes State Park North of US 20 (Reference Demographic charts and report) B-2 RETAIL TRADE 40,000-60,000 SF GROSS FLOOR AREA |
Attachments & Media
Additional Details
| Nearest MSA: | Michigan City-La Porte |
| County: | LaPorte |
| Tax ID/APN: | 45-05-03-300-025.000-009 |
| Zoning: | B-2 RETAIL TRADE 40,000-60,000 SF GROSS FLOOR AREA |
| Property Located Between: | S Woodland and Pahs Road |
| Property Visibility: | Good |
| Largest Nearby Street: | US Hwy 20 |
| Highway Access: | U S Hwy 20 |
| Site Description: | Sewer and water available |
| Area Description: | Michigan City's planning commission has done an excellent job promoting the area. See attached Michigan City Brochure. The town of Michigan City is in proximity to the Indiana Dunes State Park North of US 20 (Reference Demographic charts and report) • Business Incentive Programs • Enterprise Zone Programs • Largest 20 Private Employers • No Inventory Tax • No Gross Receipts Tax |
| Zoning Description: | B-2 (to be verified by purchaser) |
| Topography: | Level |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 5,279 | 34,455 | 48,434 |
| Median Age: | 48.13 | 37.59 | 40.64 |
| Households: | 2,321 | 13,160 | 19,012 |
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