Listing provided courtesy of @properties/Christie's Intl RENorthwest Indiana MLSas Distributed by MLSGrid- MLS# 834887MLS Provider

234 E 2nd StreetMichigan City, IN 46360

Commercial · 25,852 Sq. ft. | 1.89 Acres
$1,290,000 Active

234 E 2nd Street Overview

Time on Site:
117 days
Visits:
0

Rare opportunity to acquire a 1.89-acre development site located north of Highway 12 in uptown Michigan City. The property, which has a clean phase 1 environmental assessment, is located within Michigan City's Opportunity Zone, North End TIF District, Uptown Arts District, and Urban Enterprise Zone, offering multiple possibilities for financial and redevelopment incentives. The CBD1 site is approximately 1/4 mile from Washington Park and the Lake Michigan shoreline. Property is well-suited for a range of development concepts, including mixed-use, multifamily/loft-style residential, or adaptive reuse of the current +/- 25,000-square-foot brick warehouse, which offers Lake Michigan views from a third story.

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234 E 2nd Street Facts & Features

  • Type Commercial
  • Sq. ft. 25,852
  • Price/Sq.ft. $50
  • Lot 1.89 Acres

Details

General

Building Information

  • Year Built: 1958

Location/Region

  • County Or Parish: La Porte
  • Township: Michigan

Tax Information

  • Tax Annual Amount: 12958
  • Tax Year: 2024

General Information

  • Exclusions: Chase Sorrick/CRS Development
  • Listing Terms: Cash,Conventional
  • Parcel Number: 460129205007000022
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Special Listing Conditions: Agent Owned

Interior

Building Interior

  • Building Area Source: Public Records

General Information

  • Appliances: Gas Water Heater,Water Heater
  • Building Features: Skylight(s),Mixed Use,Business District Location,Enclosed Stair(s),Sundeck
  • Electric: Other
  • Heating: Natural Gas
  • Interior Features: High Ceilings
  • Laundry Features: Gas Dryer Hookup,Washer Hookup,Main Level,Laundry Room
  • Living Area: 25852

Exterior

Parking Information

  • Parking Features: Off Street,On Street,Alley Access,Additional Parking,Other
  • Parking Total: 75

Lot Information

  • Additional Parcels: true
  • Lot Features: Few Trees,Rectangular Lot,Near Public Transit
  • Lot Size Acres: 1.89
  • Lot Size Source: Public Records
  • Lot Size Square Feet: 82328.4
  • Water Source: Public

Waterfront/View

  • Waterfront: false

General Information

  • Sewer: Public Sewer
  • Utilities: Electricity Connected,Water Connected,Sewer Connected,Natural Gas Connected

234 E 2nd Street Neighborhood

Community

46360 (Michiana Shores) Demographics

40
Median Age
543
Population Density (per sq. mile)
29%
College Educated
$50,075
Estimated Median Income
11,503
Estimated Total Home Owners
6,112
Estimated Total Renters
65% / 35%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

234 E 2nd Street Monthly Cost

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

234 E 2nd Street Market Data

Based on the last 30 days in this zip code

$438,983
Average List Price
$237
Average Price per Square Foot
44
Properties Sold
130
Average Days on Market
228
Properties for Sale
Calculations provided by Reliance Network

234 E 2nd Street History

Date Event Value Agent
6/8/2026Source: Northwest Indiana MLS Price Reduction
$1,290,000 -11.0%
3/4/2026Source: Northwest Indiana MLS Added to Database
March 04, 2026