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Downtown Union City Commercial Building
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215 N Columbia St, Union City, IN 47390

Two-story commercial building in downtown Union City with income potential.

Property Size11,220 SF
Price / SF$8.46
Days on Market206

Property Features for 215 N Columbia St

General Information

Standard status Active
Size 11,220 SF
Class C
Property subtype Mixed Use, Retail
Zoning C2

Building Details

Year Built 1885
Buildings 1
Stories 2
Units 3
Listing Agency: Tarter Realty Auction and Appraisal Company
Listed By: Paul Faddis · License #IN RB15000347
Source: Crexi
Added: Jan 27 Changed: Aug 8 Last Checked: Jul 17 at 9:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tarter Realty Auction and Appraisal Company

Investment Insights

Based on property information with market context.

This two-story commercial building is situated in downtown Union City, an area characterized by established businesses and local activity. The main level is currently leased to two tenants. The upper level provides potential for office, professional, or future development. The property size is 11220 square feet.

Key Highlights

  • Prime downtown Union City location with high visibility and activity.
  • Existing leases on the main level provide immediate income.
  • Upper level offers potential for office, professional space, or future development.

Property Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Hair Salon HVAC Service Restaurant

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

267
Businesses Nearby

Demographics for 47390, IN

5,061
Population
2,418
Households
2.1
Avg Household Size
41
Median Age
15%
College-Educated
89%
High-School Grad
77.9 sq mi
ZIP Area
65
Density / Sq Mi
$44,752
Median Household Income
$35,350
Median Earnings
$655
Median Rent
$94,100
Median Home Value

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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-story commercial building in downtown Union City with income potential.
Where is this mixed-use property located?
The property is located at 215 N Columbia St Union City, IN.
What is the asking price?
The asking price for this property is $94,900.
What are key features of this property?
This property features: Prime downtown Union City location with high visibility and activity.; Existing leases on the main level provide immediate income.; Upper level offers potential for office, professional space, or future development.
(765) 994-8533 Call to check price and availability
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