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521 Franklin St
Michigan City, IN 46360

$4,091 USD/MO

Restaurant For Lease  •  5,775 SF

Property Details

  • Property Type Restaurant
  • Year Built 1880
  • Total Building Size 5,775 SF
  • Tenancy Multiple
  • Building Class C
0 Transit Score
60 Walk Score

1 Space Available

Name Space Use Size Rent Details
1st Floor Ste Retail 5,775 SF $8.50 USD/SF/YR
  • Date available: Aug 2026
  • Lease term: Negotiable
  • Service type: Triple Net
  • Built out as: Restaurants And Cafes
  • Space Type: New

Description

Property Highlights:

5,775 SF ground-floor restaurant space
Historic building, c. 1880 — exposed brick, pressed tin ceilings, original hardwood floors
Full bar already in place: millwork, stools, back bar
Three distinct zones: counter-service front room, full-service dining room (seats 58), ~1,300 SF back room/private lounge (seats 24)
Kitchen infrastructure in place at rear
Located within a 3-way liquor license district (beer, wine, spirits)
Optional adjacent outdoor patio available
Signage and facade improvements anticipated via city grant support

Location Highlights:

Downtown Michigan City, 1 mile from Lake Michigan shoreline
56 miles from Chicago via South Shore Line (direct rail, double-track expansion underway)
Minutes from Blue Chip Casino Hotel (486 rooms, 65,000 SF gaming floor)
Blocks from Lighthouse Place Outlets (100+ stores, 1M+ visitors/year)
Indiana Dunes National Park nearby (2.7M visitors/year)
The Franklin ($101M, ~180 residential units)
152 active restaurants — proven dining market.

Ideal Concepts: Premium casual dining, cocktail bar, brunch destination, fast-casual/full-service hybrid, chef-driven American
Landlord: Atira Hotels, a hospitality group with 20+ years of experience operating restaurant, hotel, and F&B assets.

Contact: Lori Tubbs | 312-446-7059 | LoriTubbs.com

Highlights

Open Plan with exposed brick walls
Just six blocks from Lake Michigan.
Extensive Below-Grade Dry Storage

Property Flyers

Amenities

  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
11Th St. (Michigan City) (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) 1 min 8 min 0.4 mi
Carroll Avenue (Michigan City) Station (South Shore Line - Northern Indiana Commuter Transportation District (South Shore Line)) 6 min - 2.1 mi
Lori Tubbs 312-446-7059 Lori A Tubbs Development & Consulting
Lori Tubbs 312-446-7059 Lori A Tubbs Development & Consulting