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Listed by Santino Zurzolo • Corporate Commercial Group
$ 425,000
Est. payment /mo
Price Dropped by $15K
215 E Van Buren Street Columbia City, IN 46725
0.94 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202602631
Year Built 1897
Annual Tax Amount $7,818
Tax Year 2024
Lot Size 0.940 Acres
Property Sub-Type Office
Property Description
Located just steps from the heart of downtown Columbia City, this well-positioned commercial building offers a rare opportunity for investors and business owners alike. Formerly a medical office and now operating as a multi-tenant business incubator, the property features a flexible layout with private office suites and a large gym, generating steady income with additional upside through lease-up of vacant units. The building spans over 13,500 square feet across two stories, situated on a 0.2-acre lot zoned CB (Commercial Business), allowing for a wide range of commercial uses including office, retail, studio, and professional services. With over 50 on-site parking spaces, a freestanding pole sign, and a highly visible location just off Van Buren Street, your business or tenants will benefit from exceptional exposure and accessibility. Recent improvements include a updated shingle and flat roofs, and impeccably maintained common areas and hallways, reflecting the building's ongoing care and professional appeal. Originally built in 1897 and partial renovation in 2017, the structure combines historic character with modern upgrades. It is ADA compliant, features central air and heating, and includes four restrooms throughout. With a current gross annual income of over $38,000 and the potential to reach over $61,000 fully leased, this property presents strong financial upside in a growing, walkable downtown corridor surrounded by restaurants, shops, banks, and professional services—all within a one-minute walk. Tenants and staff alike will appreciate the convenience of nearby amenities, including The Square, Brew'ha Coffee, Tokyo Restaurant, and the Whitley County Courthouse. Whether you're expanding your business footprint, seeking a flexible owner-occupied solution, or adding a strong asset to your investment portfolio, this Columbia City gem delivers on location, potential, and long-term value.
Location
State IN
County Whitley County
Area Whitley County
Zoning C2
Direction Heading West on highway 30 Turn left onto E Van Buren Street. Property will be on your right hand side
Interior
Flooring Carpet, Vinyl
Appliance Building, Lease
Laundry , 25
Exterior
Roof Type Flat,Shingle
Total Parking Spaces 25
Building
Story 2
New Construction No
Others
Financing Cash,Conventional
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202602631
IDX information provided by the Indiana Regional MLS
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