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    509 S Line St Columbia City, IN 46725

    For Sale
    $799,900

    Mixed Use - Columbia City, IN

    Type:Mixed Use
    Lot size:
    0.24 Acres
    Days on Market:
    274
    Last Refresh:
    Dec 5 at 11:06 pm

    Property Features for 509 S Line St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    92-06-11-508-013.900-004
    Parking features
    Paved or Surfaced
    Interior features
    Concrete, None
    Exterior features
    None
    Lot size
    0.24 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1949
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Concrete
    Roof type
    Asphalt
    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# 202507223 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

    Gas Station Investment Opportunity

    This well-maintained gas station presents a prime downtown investment opportunity. Situated on a high-visibility corner lot, the property benefits from steady traffic and strong customer demand. The turnkey operation includes an established vape shop, providing multiple revenue streams. Its strategic location near key businesses and residential areas ensures a consistent flow of customers. Ample parking and easy access enhance the property's appeal. The property is located in Columbia City, IN, in Whitley County. The lot size is 0.24 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gas stations

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Columbia City
    County
    Whitley
    State
    Indiana
    Longitude
    -85.490768
    Latitude
    41.151472

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    FAQs

    What type of property is this?
    Gas station - Well-maintained gas station with vape shop in downtown Columbia City.
    Where is this gas station located?
    The property is located at 509 S Line St Columbia City, IN.
    What is the asking price?
    The asking price for this property is $799,900.
    What are key features of this property?
    This property features: - High visibility corner lot in a prime downtown location.; - Turnkey operation with multiple revenue streams (gas station and vape shop).; - Steady traffic and strong customer demand.
    (260) 399-1177
    Request Owner's contact information
    509 S Line 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
    509 S Line St Columbia City, IN 46725
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