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5418 IN 109 - Commercial/Residential 5418 IN-109 7,920 SF Retail Building Columbia City, IN 46725 $1,175,000 ($148.36/SF)



Investment Highlights
- Located on Big Lake - Lakefront property on Hwy 109
- 4.72 Acres - Divisible
- Former Grocery with Gas Business
Executive Summary
This prime commercial/residential opportunity features a 7,920 SF former grocery and gas station on 4.72 acres along State Road 109 in Columbia City. Zoned C2 – General Commercial, the site is ideal for a convenience store, retail redevelopment, or mixed-use use. Its high-visibility location on Big Lake provides both strong local traffic exposure and scenic appeal. The property includes ample paved parking, existing gas infrastructure, and flexible parcel options for sale — allowing for customized investment or redevelopment. With proximity to US 33 and US 30, it offers excellent access to surrounding communities and through-traffic.
For more information on this, and all BND properties, please visit our website at www.bnd.net.
#Condo#Apartments#Marina#ReceptionHall#RestaurantPotential
For more information on this, and all BND properties, please visit our website at www.bnd.net.
#Condo#Apartments#Marina#ReceptionHall#RestaurantPotential
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
-
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-
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| Operating Expenses |
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| Total Expenses |
$99,999
|
$9.99
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Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Building Size
7,920 SF
Year Built
1985
Price
$1,175,000
Price Per SF
$148.36
Tenancy
Single
Building Height
1 Story
Zoning
C2
Property Taxes
| Parcel Number | 571933400004000009 | Improvements Assessment | $196,500 (2024) |
| Land Assessment | $177,400 (2024) | Total Assessment | $373,900 (2024) |
Property Taxes
Parcel Number
571933400004000009
Land Assessment
$177,400 (2024)
Improvements Assessment
$196,500 (2024)
Total Assessment
$373,900 (2024)
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5418 IN 109 - Commercial/Residential | 5418 IN-109
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