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    201 E Chicago St Columbia City, IN 46725

    For Sale
    $549,900

    Retail - Columbia City, IN

    Type:Retail
    Lot size:
    0.17 Acres
    Days on Market:
    274
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 201 E Chicago St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    92-06-11-509-305.012-004
    Interior features
    None
    Exterior features
    None
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Baseboard, Forced Air, Natural Gas

    Building Details

    Year built
    1900
    Floors in Building
    1
    Flooring type
    Carpet, Concrete
    Roof type
    Shingle
    Architectural style
    Other

    Century 21 Bradley Realty,Inc. (260) 399-1177 [email protected]

    Listing agent Owen Crabbe (260) 399-1177

    Listing date Mar 7, 2025

    MLS# 202507220 Listing URL

    Copyright © 2025 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Property in Columbia City

    This commercial property, located in Columbia City, IN, offers a versatile investment opportunity. Approved for a restaurant, the property presents possibilities for establishing a thriving business. It features a duplex, providing the option for rental income or owner-occupied convenience. There is additional potential for a convenience store. The lot size is 0.172 acres. Located in Whitley County, this property is positioned as a high-yield investment in a desirable location. The property is suitable for developing a multi-income stream or establishing a business in a growing area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Columbia City
    County
    Whitley
    State
    Indiana
    Longitude
    -85.485881
    Latitude
    41.15034

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    FAQs

    What type of property is this?
    Restaurant - Commercial property approved for restaurant with duplex and convenience store potential.
    Where is this restaurant located?
    The property is located at 201 E Chicago St Columbia City, IN.
    What is the asking price?
    The asking price for this property is $549,900.
    What are key features of this property?
    This property features: - Approved for restaurant use, offering immediate business potential.; - Includes a duplex for rental income or owner occupancy.; - Potential for a convenience store, increasing income streams.
    (260) 399-1177
    Request Owner's contact information
    201 E Chicago St Columbia City, IN 46725
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    Columbia City, IN 46725
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 E Chicago St Columbia City, IN 46725
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