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For sale
Conventional restaurants
IN
Columbia City
46725
5104 S 800 E

Profitable Restaurant Investment Opportunity

5104 S 800 E Columbia City, IN 46725

5104 S 800 E, Columbia City, IN, 46725

$1,090,000

For Sale

$1,090,000

Fully leased restaurant property with high visibility and income potential.

Property Size5,000 SF

Lot Size1.54 Acres

Price / SF$218

AddedNov 24, 2025

Days on Market233

Last RefreshMay 28 at 12:27 am

Property Features for 5104 S 800 E

General Information

Standard status: Active
Size: 5,000 SF
Lot size: 1.54 Acres

Listing office Blue Flag Realty Inc

Listing date Nov 24, 2025

Source Exprealty

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 Blue Flag Realty Inc

Investment Insights

Based on property information with market context.

This commercial property presents a prime investment opportunity in the Columbia City/Fort Wayne, IN corridor. The property is a fully leased restaurant situated on a high-visibility hard corner at the intersection of US-30 and County Line Road, benefiting from substantial 24/7 traffic flow. The location is in a thriving commercial corridor, surrounded by trucking, travel, industrial, and retail activity. The property features a 5,000-square-foot building on a 1.54-acre commercially zoned lot. The entire lot is asphalt paved and lined, providing parking for over 80 vehicles. The current lease generates an income of $6,500 per month under a NNN lease agreement, where the tenant covers taxes, insurance, and maintenance, minimizing landlord responsibilities. The lease includes scheduled 3% annual rent increases. The restaurant benefits from its proximity to a major truck stop and commuter traffic. The ample parking and large lot size also make the property suitable for travel-related businesses or future redevelopment.

Key Highlights

High‑traffic corner location at US‑30 & County Line Rd with excellent visibility.
Stable NNN lease with tenant covering taxes, insurance, and maintenance.
Scheduled 3% annual rent increases providing predictable income growth.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$79.8k	$15.96
− Vacancy	−$6.0k	−$1.20
EGI	$73.8k	$14.76
− OpEx	−$18.5k	−$3.69
NOI	$55.4k	$11.07

5,000 SF · lease $15.96/SF/yr · vacancy 7.50% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$790.9K

$692.0K – $922.7K (±1% cap)

NOI $55,361 @ 7.0% cap · market cap 5.08%

Second Best

—

no second resolved use

Theoretical Best

Multifamily LT 5

$4.18M

$3.65M – $4.87M (±1% cap)

NOI $292,383 @ 7.0% cap · market cap 26.82%

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

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Conventional restaurants

Suggested Use

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For sale
Conventional restaurants
IN
Columbia City
46725
5104 S 800 E

What type of property is this?

Conventional restaurant - Fully leased restaurant property with high visibility and income potential.

Where is this conventional restaurant located?

The property is located at 5104 S 800 E Columbia City, IN.

What is the asking price?

The asking price for this property is $1,090,000.

What are key features of this property?

This property features: High‑traffic corner location at US‑30 & County Line Rd with excellent visibility.; Stable NNN lease with tenant covering taxes, insurance, and maintenance.; Scheduled 3% annual rent increases providing predictable income growth.