Twitter
Facebook
Email
|
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.
| DAYS ON MARKET | 0 | LAST UPDATED | 2/23/2026 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1897 |
| COUNTY | Whitley | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Feb 23, '26 | $495,000 |
|---|---|
| Feb 23, '26 - Today | $485,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Water Heater, Water Softener |
| BASEMENT | Partial, Yes |
| CONSTRUCTION | Brick |
| HEAT | Forced Air |
| LOT | 0.94 acre(s) |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 316x150x242x75x75x75 |
| PARKING | Asphalt, Private |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | None |
| TAXES | 7818 |
| WATER | Public |
| ZONING | CB Commercial Business |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
Listed with Santino Zurzolo, Corporate Commercial Group
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 2/24/26 2:32 AM PST
Walk Score provided by walkscore.com
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 2/24/26 2:32 AM PST
Walk Score provided by walkscore.com
This IDX solution is (c) Diverse Solutions 2026.
| / | |
We respect your online privacy and will never spam you. By submitting this form with your telephone number
you are consenting for Gary
Gerardot to contact you even if your name is on a Federal or State
"Do not call List".