Listing provided courtesy of Coldwell Banker RealtyNorthwest Indiana MLSas Distributed by MLSGrid- MLS# 837603MLS Provider

731 Washington StreetMichigan City, IN 46360

Commercial · 4,495 Sq. ft. | 0.14 Acres
$639,000 Active

731 Washington Street Overview

Time on Site:
68 days
Visits:
0

Welcome to this amazing mixed-use property located in the heart of downtown! This stunning brick building is situated on a corner lot, offering fantastic exposure to foot and vehicle traffic. The property boasts a unique combination of a beautifully designed residential space and a fully equipped restaurant space. The residential unit features modern furnishings, stainless appliances, and an abundance of natural light, providing a comfortable and relaxing atmosphere for guests. The restaurant space is situated on a high-visibility corner with frequent foot-traffic. The commercial interior features a well appointed commercial kitchen with indoor and outdoor dining areas, as well as a separate office space. Outside, there is a huge deck area that offers an excellent space for guests to unwind and take in the sights and sounds of the city. Schedule a tour today!

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731 Washington Street Facts & Features

  • Type Commercial
  • Sq. ft. 4,495
  • Price/Sq.ft. $142
  • Lot 0.14 Acres

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 0
  • Gross Income: 0
  • Gross Scheduled Income: 0
  • Insurance Expense: 0
  • Maintenance Expense: 0
  • Net Operating Income: 0
  • New Taxes Expense: 3082
  • Trash Expense: 0

Building Information

  • Year Built: 1870

Location/Region

  • County Or Parish: La Porte
  • Subdivision Name: Elstons
  • Township: Michigan

Tax Information

  • Tax Annual Amount: 4202
  • Tax Year: 2024

General Information

  • Listing Terms: Cash,Conventional
  • Parcel Number: 460129410016000022
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Special Listing Conditions: None

Interior

Building Interior

  • Building Area Source: Assessor

General Information

  • Building Features: Multi Tenant,Mixed Use,Business District Location,Sheet Rock Ceiling(s),Plastered Ceiling(s),Other
  • Electric: 200+ Amp Service
  • Heating: Forced Air
  • Living Area: 4495

Exterior

Parking Information

  • Parking Features: On Street
  • Parking Total: 2

Lot Information

  • Lot Features: Corner Lot
  • Lot Size Acres: 0.1355
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 5904
  • Water Source: Public

Waterfront/View

  • Waterfront: false

General Information

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

731 Washington Street Neighborhood

Community

46360 (Michigan City) 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.

731 Washington 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.

731 Washington 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

731 Washington Street History

Date Event Value Agent
4/23/2026Source: Northwest Indiana MLS Added to Database
April 23, 2026