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Listed by Santino Zurzolo • Corporate Commercial Group
$ 399,000
Est. payment /mo
Active
215 E Van Buren ST Columbia City, IN 46725
4 Baths
0.94 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID IRM202602631
HOA Y/N No
Year Built 1897
Annual Tax Amount $7,818
Tax Year 2024
Lot Size 0.940 Acres
Acres 0.94
Lot Dimensions 316x150x242x75x75x75
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
Zoning CB Commercial Business
Rooms
Basement Partial
Interior
Heating Forced Air
Inclusions Building, Lease
Fireplace N
Exterior
Parking Features Asphalt, Private
View Y/N true
Total Parking Spaces 25
Building
Sewer Public Sewer
Water City
New Construction No
Others
Pets Allowed No
Tax ID 92-06-11-500-409.007-004
Acceptable Financing IRM202602631
Listing Terms IRM202602631
Special Listing Condition None
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IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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