401 Oak St Union City, IN 47390
This exceptional commercial property presents a unique opportunity to lease a beautifully updated 1,040 square foot office space in the vibrant heart of Union City. Located in a single-tenant building, this traditional office space offers a blend of historical charm and modern functionality. Built in 1899, the building retains its character while boasting recent upgrades, creating a sophisticated and efficient workspace. The property sits on a sizable 0.68-acre lot, providing ample space and potential for outdoor use, depending on lease terms. Ideal for a variety of businesses, this space is perfect for a company seeking a prominent location with a unique aesthetic. The single-tenant occupancy ensures privacy and control over the environment. The property is classified as both retail and office, offering flexibility in its potential uses. This is a rare opportunity to secure a well-maintained, historically significant commercial space in a thriving urban setting. The property's prime location within Union City offers excellent accessibility and visibility, making it an attractive option for businesses seeking a high-profile address. Interested parties are encouraged to inquire for further details and scheduling a viewing. The property is ready for immediate occupancy. Lease terms are negotiable.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miSimilar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.