508 Wabash ST, Michigan City, IN 46360
508 Wabash ST, Michigan City, IN 46360
508 Wabash ST, Michigan City, IN 46360
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$440,000
Est. payment /mo
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2,112 SqFt
Active

508 Wabash ST Michigan City, IN 46360

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Maurice Cornett

Maurice Cornett

+1(219) 781-1169

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 2,112 sqft

Price per Sqft $208

Subdivision Elstos

MLS Listing ID 846452

HOA Y/N No

Year Built 1870

Annual Tax Amount $2,254

Tax Year 2025

Lot Size 3,611 Sqft

Acres 0.0829

Property Sub-Type Mixed Use

Property Description

TURNKEY INVESTMENT OPPORTUNITY just blocks from Lake Michigan! Fully furnished and ready for immediate use, this unique 1870's property offers the flexibility today's investors are looking for, historic charm that sets it apart and modern convenience. You have the best of both worlds. Currently configured as two separate living spaces, the main level features 2 bedrooms and 2 bath, while the bright and sunny upper level offers 1 possible 2 bedrooms and 1 bath. Enjoy the deck surrounded by arborvitae, roses and hydrangeas. Best of all, BOTH levels are being sold completely furnished--making this a truly turnkey opportunity ready for your short term or long term rental strategy from day one. Original hardwood floors, doors and windows preserve the home's historic character, complemented by modern updates including quartz countertops and NEW appliances. Commercial zoning opens the door to additional possibilities. The location is exceptional, located directly across from the Lighthouse Place premium outlet mall and just blocks from Lake Michigan beaches, downtown dining, coffee shops, the Washington park zoo, Blue Chip casino and vibrant Arts District, with Indiana Dunes National Park nearby. Priceless location that gives visitors everything they come to Michigan city to enjoy. So many possibilities with this property: Live in one and rent the other, operate both as rentals, or explore the property's commercial potential. Furnished, flexible and positioned in the heart of Michigan City's tourism district--bring your strategy and start generating possibilities from day one!

Location

State IN

County La Porte

Rooms

Basement Full, Unfinished

Interior

Interior Features Double Vanity, Kitchen Island, Entrance Foyer

Heating Forced Air, Natural Gas

Fireplace N

Appliance Dryer, Water Heater, Washer, Stainless Steel Appliance(s), Refrigerator, Microwave, Gas Water Heater, Gas Range, Dishwasher

Exterior

Exterior Feature Balcony, Storage, Rain Gutters, Fire Pit

Parking Features Detached, Additional Parking, On Street, Garage Faces Front, Driveway, Off Street

View Y/N true

View Other

Building

Lot Description Back Yard, Rectangular Lot, Front Yard

Sewer Public Sewer

Water Public

Others

Tax ID 460129403003000022

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing NRA20261003183022846619000000

Listing Terms NRA20261003183022846619000000

Listed by Blackrock Real Estate Services • Angela Carr

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Maurice Cornett

Maurice Cornett

Broker Associate License ID: 19001105, 3607323, 475.201736

+1(219) 781-1169

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508 Wabash ST