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Property profile & analytics
OFF-MARKET
Retail space

531 Line St Columbia City, IN 46725-1229

9,836 SF 1 ac lot Built 1974
Entity Owned Absentee Owner Free & Clear
Property ID
US31-1491863
Property summary
AI-generated overview

This exceptional retail property, Line Street Center, located at 531 N Line St, Columbia City, IN 46725, offers 11,319 square feet of prime retail space in Whitley County. Currently, 7,119 square feet is available for lease, providing a significant opportunity for a single tenant or multiple smaller businesses. The space is highly divisible, with a minimum leasable area of 1,200 square feet and a maximum contiguous space of 7,119 square feet. This flexibility allows for a variety of tenant configurations to suit diverse business needs. The property's location in Columbia City, Indiana offers excellent visibility and accessibility, making it an ideal location for businesses seeking high foot traffic and convenient access for customers. The address is strategically situated on N Line St, ensuring prominent exposure within the community. This is a multi-tenant building, presenting a chance to establish a presence in a thriving commercial area. The available space is ready for immediate occupancy, providing a seamless transition for new businesses. Interested parties are encouraged to inquire about lease terms and availability. This prime retail space presents a unique opportunity to establish or expand a business in a desirable location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1974
Construction TYPE NOT SPECIFIED
Total area 9,836 SF
Lot 1 ac (43,560 SF)
APN 92-06-03-000-215.000-004
UPID US31-1491863
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
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
WILBERT HAMSTRA INC
WILBERT HAMSTRA INC
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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