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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 Under Contract
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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