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Multi-Building Mixed-Use Property
For Sale
$899,900

106 N Walnut Street, Columbia City, IN 46725

COMMERCIAL, Columbia City, IN

Property SizeContact for details
Lot Size0.25 Acres
Days on Market10

Property Features for 106 N Walnut Street

General Information

Property type Commercial Sale
Property subtype Office
Rooms Basement
Directions 106 N Walnut St
Subdivision Whitley County
Standard status Active
APN 92-06-10-546-101.005-004
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description LOT 5 SHINNEMANS 1ST ADD
Tax Annual Amount 3794
Legal Description LOT 5 SHINNEMANS 1ST ADD

Utilities

Cooling system Central Air

Building Details

Year built 1872
Flooring type Wood, Laminate
Roof type Rubber, Metal
Listing Agency: Twin Pines Realty, LLC
Listed By: Derek Crosson
Added: Sep 28 Changed: Oct 1 Last Checked: Oct 7 at 10:06AM
MLS# 202640205

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This three-parcel mixed-use offering includes a 13,800+ SF building with a three-bedroom apartment, salon and service space, several offices, and an approximately 4,000 SF unfinished basement. A second commercial building contains 1,949 SF, a half bath, and an attached two-car garage. The third parcel is vacant and has a driveway. The principal building dates to 1872; its roof was replaced in 2021, and electrical and plumbing systems were updated in 2016.

Key Highlights

  • Three parcels include two buildings and a vacant commercial lot
  • 13,800+ SF main building with a three‑bedroom apartment, salon/service space, and multiple offices
  • Approximately 4,000 SF of unfinished basement space

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Garden Center Locksmith Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

528
Businesses Nearby

Demographics for 46725, IN

23,917
Population
10,435
Households
2.3
Avg Household Size
42
Median Age
25%
College-Educated
93%
High-School Grad
202.8 sq mi
ZIP Area
118
Density / Sq Mi
$76,214
Median Household Income
$47,059
Median Earnings
$907
Median Rent
$216,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three parcels bring together residential, office, service, and commercial space, plus a vacant lot.
Where is this mixed-use property located?
The property is located at 106 N Walnut Street Columbia City, IN.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Three parcels include two buildings and a vacant commercial lot; 13,800+ SF main building with a three‑bedroom apartment, salon/service space, and multiple offices; Approximately 4,000 SF of unfinished basement space
More about this property
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