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🏢 Just listed — Special-purpose for sale in Michigan City, IN.

📍 903 Franklin Street, Michigan City, IN
🏷  Special-purpose · For Sale
💰 $2500.00M

Amazing Opportunity For Event Venue With Potential Vacation Rental and Fully Built Out Bar

Full financials, photos, and broker contact:
https://commrty.com/property/indiana/michigan-city/903-franklin-street-2521324-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=903-franklin-street-2521324

#MichiganCity #Specialpurpose #CommercialRealEstate #CRE #Investment

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Home/IN/Michigan City

903 Franklin Street

Michigan City, IN 46360

Asking Price

$2500.00M

Asset Type

Special-purpose

Class

Class B

What's Special

Amazing Opportunity For Event Venue With Potential Vacation Rental and Fully Built Out Bar

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

0.00%

DSCR

0.00

Underwater

Cash-on-Cash

-19.78%

Monthly Payment

$12.4M

Annual Cash Flow

$-148,343,631.428

Location & Travel Times

Similar Properties Nearby

📍

$2.50M

Class B

907 Franklin Street, Michigan City, IN 46360

Listed by Owner · For Sale