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224 N Columbia St
Union City, IN 47390
224 N Columbia Street · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,200 SF
Building Class
C
Year Built
1885
Building Height
3 Stories
Building FAR
0.87
Lot Size
0.08 AC
Zoning
C2
Frontage
46’ on Columbia St

ABOUT 224 N COLUMBIA ST , UNION CITY, IN 47390

Great investment opportunity in Union City Indiana. Mixed use building offers retail space and 2 apartments. Retail space is approximately 1840 sf split into 2 rooms and rents for $425/mo. Tenant has been in this space for 16 years! Second level contains 2 apartments and laundry facility. The 1 bedroom apartment rents for $450/mo and the 2 bedroom rents for $495/mo. Both units are very nice and come fully furnished. There are 3 heating and air conditioning units in the building, one for each unit. There are separate meters for the electric and gas, but only 1 water meter. Landlord pays all utilities and bills tenants back for usage, including water. Rubber membrane roof was new in June 2014. This is a good looking building and offers better than 12% ROI for an investor. Call today for additional details or to schedule a showing.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
68-02-25-409-151.000-019
Land Assessment
$1,800
Improvements Assessment
$17,900
Total Assessment
$19,700
  • Listing ID: 7038461

  • Date on Market: 5/3/2017

  • Last Updated:

  • Address: 224 N Columbia St, Union City, IN 47390

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