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2036-2054 E US Highway 20
Michigan City, IN 46360

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
41,000 SF
Building Class
B
Year Built/Renovated
2003/2021
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.24
Lot Size
3.88 AC
Zoning
B2 - - General Commercial
Parking
108 Spaces (2.63 Spaces per 1,000 SF Leased)
Frontage
438 FT on U.S. 20

Amenities

  • Bus Line
  • Signage
  • Air Conditioning

About 2036-2054 E US Highway 20 , Michigan City, IN 46360

Approx. 40,000 SF Retail Strip Ctr, Evergreen Bus New Asking Price: $2,850,000 (Reduced from $3,500,000) ($3,600,000 w/Furniture Store Business) Fully leased, approx. 40,000 sf retail strip building built in 2000. This well maintained, one (1) story building has 4 tenant spaces, each with individual HVAC and separately metered. Anchor tenants include Dollar General Store (approx. 9,100 sf) and Napa Auto Parts (approx. 5,490 sf). The two other tenants include Help at Home (approx. 3,300 sf) and Evergreen Furniture Store (approx. 22,235 sf). The Evergreen Furniture Store has 33' pole beams across, which would allow for future sub dividing of this space. The property is comprised of one parcel and includes plenty of surface parking. Partially replaced roof on Napa Auto Parts and a portion of the Evergreen Furniture Store (2015). New HVAC (July 2016) on top roof of Dollar General Store. **Seller owns furniture store; if furniture store is not purchased then seller will continue to lease back from owner for 3-5 years at the market rental rate** Offered in cooperation with Indiana Real Estate License #RB14014802 Located in Michigan City (Trail Creek), Indiana in the Evergreen Business Center.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
46-05-03-280-038.000-071
Land Assessment
$168,900
Improvements Assessment
$1,048,000
Total Assessment
$1,216,900
  • Listing ID: 4818078

  • Date on Market: 11/4/2016

  • Last Updated:

  • Address: 2036-2054 E US Highway 20, Michigan City, IN 46360

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