Michigan City, IN Commercial Real Estate for Lease and Sale

Explore 16 listings of Michigan City commercial real estate for lease and for sale to find the best space for your business.

CRE Market FAQs

Evergreen Plaza

1706 E Us Highway 20 , Trail Creek, Michigan City, IN
Property

Retail

19,456 SF
Availability

1 Space

1,600 SF
Year Built

1985
For Lease

$8.00/SF/YR
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Lake Park Plaza

4301 Franklin St, Michigan City, IN
Property

Retail

118,686 SF
Availability

5 Spaces

8,941 SF
Year Built

1991
For Lease Contact for pricing
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1111 West U.S. Highway 20

1111 West U.S. Highway 20, Michigan City, IN
Property

Industrial

34,754 SF
For Sale

$2,000,000
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205 Woodcreek Drive

205 Woodcreek Drive, Michigan City, IN
Property

Industrial

21,000 SF
Year Built

2009
For Sale

$1,900,000
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710 Franklin St

710 Franklin St, Michigan City, IN
Property

Retail

21,000 SF
For Sale

$2,000,000
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710 Franklin St

710 Franklin St, Michigan City, IN
Property

Other

3,142 SF
Availability

1 Space

3,142 SF
For Lease Contact for pricing
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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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Industrial-Light Manufacturing

1919 E US Hwy 12 , Michigan City, IN
Property

Industrial

64,500 SF
Availability

2 Spaces

25,000 SF
Year Built

1938
For Lease Contact for pricing
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4421 Franklin Street

4421 Franklin Street Michigan City, 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
Availability

1 Space

10,000 SF
For Lease

$8.00 - $11.00/SF/YR
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4421 Franklin Street

4421 Franklin Street Michigan City, Michigan City, IN
Property

VacantLand

1.2 Acre
Availability

1 Space

1.2 Acre
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

400,827 SF
Year Built

1960
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

5,900 SF
Year Built

2025
For Lease Contact for pricing
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Industrial-Light Manufacturing

1919 E US Hwy 12 , Michigan City, IN
Property

Industrial

64,500 SF
Year Built

1938
For Sale

$2,100,000
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110 W 9th St

110 W 9th St, Michigan City, IN
Property

Other

7,000 SF
Availability

1 Space

7,000 SF
For Lease Contact for pricing
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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
View Details (opens in new window)

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.

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 269,593 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 636,181 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 435,827 square feet of available listings. Retail space available in Michigan City adds up to 29,026 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 $8 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:

Retail properties here incorporate an average of 44,933 square feet.
Industrial space in Michigan City is in buildings that are, on average 106,031 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 527,267 square feet. Local retail availability includes 29,026 square feet across 4 retail space(s). Industrial space for rent opportunities in Michigan City amount to 435,827 square feet across a total of 3 warehouse and other industrial listing(s).

Property Type	Count of Listings	Total SF
Retail	4	29,026
Industrial	3	435,827
Other	3	62,414

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 148,120 square feet of commercial property for sale here , which includes , 3 retail investment opportunity listing(s) , and 3 listing(s) of industrial real estate property for sale .

Property Type	Count of Listings	Total SF
Retail	3	27,865
Industrial	3	120,254
Other	1	1

Michigan City, IN Commercial Real Estate for Lease and Sale

Evergreen Plaza

Lake Park Plaza

1111 West U.S. Highway 20

205 Woodcreek Drive

710 Franklin St

710 Franklin St

Truffle's

Industrial-Light Manufacturing

4421 Franklin Street

432 St. John Rd.

4421 Franklin Street

402 Royal Rd

The Franklin at 11th Street Station

Industrial-Light Manufacturing

110 W 9th St

Lake Park Plaza

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