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The Ferrell Group - Keller Williams Realty 207 W North St 768 SF 100% Leased Office Building Columbia City, IN 46725 $235,000 ($305.99/SF)



INVESTMENT HIGHLIGHTS
- Multiple Buildings & Vacant lot
- Ability to rent office(s) while occupying a space
- Remodeled Office
EXECUTIVE SUMMARY
This property is a rare find, offering a combination of prime location and versatility for business owners or investors. Located in a high-visibility area, the property includes two buildings, a vacant lot for overflow parking or expansion, and two prominent business signs on Line Street and W North Street. The fully remodeled building is like new, offering a modern, move-in-ready space. Renovated in 2019, it includes two expansive rooms, kitchenette space, a half bath, two closets, and a mechanics storage closet. With its updated features and thoughtful design, this building is perfect for a variety of business needs. The white building is a charming older home converted into two separate business rental units. Each unit features multiple rooms and a half bath, providing flexible spaces for tenants. Additional storage is available in the basement, and the building boasts a new furnace and air conditioner installed less than 6 months ago, making it a reliable and comfortable space for occupants. The vacant lot provides excellent flexibility, offering overflow parking or the potential to expand the remodeled building or add a new structure. The property’s layout and location make it ideal for a business owner who wants to operate onsite while generating additional income by renting out office spaces. Take advantage of this incredible opportunity to own a prime commercial property in Columbia City. Whether you’re looking for rental income, expansion potential, or a new space for your business, this property has it all!
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Building Size
768 SF
Building Class
C
Year Built/Renovated
1988/2019
Price
$235,000
Price Per SF
$305.99
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
768 SF
Slab To Slab
8’
Building FAR
0.07
Lot Size
0.26 AC
Zoning
GB - General Business
AMENITIES
- Storage Space
- Monument Signage
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 92-06-02-505-202.000-004 | Improvements Assessment | $37,800 |
| Land Assessment | $8,400 | Total Assessment | $46,200 |
PROPERTY TAXES
Parcel Number
92-06-02-505-202.000-004
Land Assessment
$8,400
Improvements Assessment
$37,800
Total Assessment
$46,200
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The Ferrell Group - Keller Williams Realty | 207 W North St
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