3549 Arba Pike Union City, IN 47390-8526
This unique mixed-use property, located at 3549 S Arba Pike in Union City, Indiana, presents a remarkable investment opportunity. Built in 1880, this 3,056 square foot building boasts a rich history and versatile layout. The property was formerly used as a church and includes a large gathering room, ideal for various uses. A fully equipped commercial kitchen featuring two sinks is ready for immediate use. Two bathrooms add to the convenience. The building retains much of its original charm, including the original bell, still in place. Ample parking is available on the property's dedicated lot. Modern conveniences include central air conditioning. Priced at $134,900 ($44.14 per square foot), this property offers exceptional value. Its adaptable space makes it suitable for a variety of uses, from a charming cottage home to a thriving home-based business, or even a continuation of its previous uses. The possibilities are truly endless. This is a rare chance to own a piece of Union City history and capitalize on its significant potential. The property is situated in Randolph County, Indiana, zip code 47390.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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