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Property profile & analytics
FOR SALE
Medical Office Space

1 East Church St Cambridge City, IN 47327

6,000 SF 0.2 ac lot Built 1900
Individually Owned 3-yr Hold ~ Est. High Equity
Property ID
US31-2227765
1 East Church St, Cambridge City, IN 47327 For Sale
$249,900 6,000 SF
1 East Church St, Cambridge City, IN 47327
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Property summary
AI-generated overview

This exceptional 6,000-square-foot commercial office building, located at 1 E Church St in historic downtown Cambridge City, Indiana, presents a unique investment opportunity. Built in 1900 and extensively renovated in 2019, this three-story building offers a blend of classic architectural details and modern amenities. The property features a standing seam metal roof, energy-efficient vinyl windows, updated electrical and HVAC systems, and CAT 5 cabling throughout. Inside, you'll find multiple office spaces, several conference rooms, and custom mahogany doors and trim, adding to its character and functionality. The building also boasts two separate stairwells providing access to the second and third floors, and multiple restrooms are conveniently located on the first and second floors. Outside, a concrete parking lot provides ample parking for over a dozen vehicles. Situated on a 0.196-acre lot, this move-in ready building is ideally suited for a variety of uses, from traditional office space to service-oriented businesses. The asking price is $299,900, with a price per square foot of $49.98. This property offers a rare combination of historical significance, modern functionality, and excellent location in the heart of Cambridge City, Indiana (zip code 47327). Don't miss this chance to own a piece of Cambridge City history.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1900
Construction WOOD
Total area 6,000 SF
Lot 0.2 ac (8,538 SF)
Zoning code ZO01
APN 89-08-27-240-330.001-016
UPID US31-2227765
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Western Wayne Heritage · 3 yrs held
Western Wayne Heritage
since 2022
2 recorded transactions
2022
Price N/A
2013
Price N/A
Zoning & alternative use
ZO01 · Cambridge City, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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