215 E Van Buren Street
Columbia City, IN, 46725 $ 495,000
Bedrooms-- Baths4.0 Sq 8,010 Monthly Estimate*
$ 3,088
for $495,000 with 4 full baths. This 8,010 square foot building was built in 1897 on a lot size of 0.94.
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 buildingâs 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 servicesâall within a one-minute walk. Tenants and staff alike will appreciate the convenience of nearby amenities, including The Square, Brewâha 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.
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FeaturesGeneralHeating Forced Air
Cooling Central Air
Ceiling Height 10
Roof Flat Shingle
Parking Yes Private
Sewer City
# of Buildings 1
Status Active Active
Bathrooms 4
Year Built 1897
New Construction No
Subdivision None
Stories Count 2
Township Columbia
Class COMMERCIAL
Present Use Investment Property
Type Office
Age 128
Inside City Limits Yes
Special Features None Basement Locker/Change Room Office Space
REO No
Status Detail 0
Area Whitley County
Location City
City Columbia City
Legal Description Lots 7 & 8 Blk 9 Orig Plat
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202528560
Agent First Name Santino
Agent Last Name Zurzolo
DOM 140
Tax Year 2024
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ExteriorRoad Access City
Exterior Brick
Driveway Asphalt
Number of Parking Spaces 25
Lot Size Area 40946
Lot Dimensions 316x150x242x75x75x75
Parking Type Asphalt
Waterfront Y/N No
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InteriorFlooring Carpet Vinyl
Basement/Foundation Partial Basement
Walls Block Drywall
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* Excluded FeaturesList BySantino ZurzoloListing Agent
sznexthome@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,088
- Monthly Property Taxes
- $358
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Columbia City, IN
Average List Price $628,750
Percent of Sale Price 27%
About Columbia City, IN 23,884 Population
15% Since 2002
$ 55,156 Median Income
41.73 Median Age
26% Households with Children
Trends Information provided by ATTOM Data Solutions.
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/7/2025 | $495,000 | -5.71% | Price Down |
| 7/22/2025 | $525,000 | | Listed Price |