This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

5223 Franklin St
Michigan City, IN 46360

Retail Property For Sale

Investment Highlights

  • Drive-thru with Parking for 27 Vehicles
  • QSR Restaurant for Sale

Executive Summary

Introducing a unique opportunity to acquire a former Hardee’s QSR on a prime .82-acre lot. Spanning 3,003 SF, this property features Hardee’s latest prototypical design, including a modern drive-thru for added convenience. Zoned B2 General Commercial, it comes fully
equipped with all furnishings, fixtures, and equipment (FF&E). Located on the bustling Franklins St. (421) retail corridor, the property benefits from a high traffic volume with 35,050 average annual daily trips (AADT), making it an ideal spot for a variety of commercial ventures.
The Hardee’s located at 5223 Franklin Street in Michigan City, Indiana, sits prominently along a busy stretch of road, easily accessible from major highways and local neighborhoods. Just 10 minutes South of Indiana Dunes State Park. The restaurant is positioned in a bustling commercial area surrounded by a mix of retail outlets and service businesses. The surrounding landscape features well-maintained green
spaces and ample parking, ensuring convenience for both drive-thru and dine-in customers. The location is situated near the intersection of Franklin Street and other key roads, providing a straightforward route for visitors from various parts of the city.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
3,300 SF
Year Built
2019
Price
$2,200,000
Price Per SF
$667
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
0.82 AC
Zoning
GB
Frontage
374 FT on Franklin Street

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
46-05-08-428-017.000-009
Land Assessment
$319,900
Improvements Assessment
$608,200
Total Assessment
$928,100
  • Listing ID: 33332257

  • Date on Market: 9/27/2024

  • Last Updated:

  • Address: 5223 Franklin St, Michigan City, IN 46360

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}