118 E Van Buren Street

    Columbia City, IN 46725
    • $150,000
    • STATUS: Sold
    • ON SITE: 205 days
    • MLS #: 201902747
    Sold - 07/24/2019
    $150,000
    SOLD - 07/24/2019
    • 0
      BEDS
    • 0.18
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,143
      SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1938
    County:
    Area:

    School Ratings & Info

    Description

    Current owner has owned this property since 1972 and has operated his insurance office and rented the balance of the main floor to a CPA firm for 42 years. Current lease runs through 5/31/2023. Upstairs is a beautiful 3 BR apartment with a bonus room and 2nd bath on the main floor that connects to the 2 car garage used by the upstairs apartment tenant. This 2 year lease runs through June 30, 2021. The property has been well cared for with many updates. Main floor commercial unit leases for $1975 per month and seller pays all utilities. Upstairs apt. rents for $700 per month and tenant pays electric and gas. Seller pays trash, water and sewer. Gas and electric are separately metered. Water & sewer have 1 meter. Upstairs rent now is $650 per month and expires 6/3019 but as of 6/30/19 rent will be $700 per month and will extended lease to 6/30/21.

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    © 2019 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or North Eastern Group Realty. Data last updated: 2019-08-18T16:28:16.377.

    www.teamtamara.com/homes/91155449

    118 E Van Buren Street Columbia City, IN 46725

    • Price: $189,500
    • Status: Sold
    • Updated: 63 min ago
    • MLS #: 201902747
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.18
    Acres
    5,143
    SQFT
    $29
    $/SQFT
    1938
    Built
    Neighborhood:
    None
    County:
    Whitley
    Area:
    Whitley
    Property Description
    Current owner has owned this property since 1972 and has operated his insurance office and rented the balance of the main floor to a CPA firm for 42 years. Current lease runs through 5/31/2023. Upstairs is a beautiful 3 BR apartment with a bonus room and 2nd bath on the main floor that connects to the 2 car garage used by the upstairs apartment tenant. This 2 year lease runs through June 30, 2021. The property has been well cared for with many updates. Main floor commercial unit leases for $1975 per month and seller pays all utilities. Upstairs apt. rents for $700 per month and tenant pays electric and gas. Seller pays trash, water and sewer. Gas and electric are separately metered. Water & sewer have 1 meter. Upstairs rent now is $650 per month and expires 6/3019 but as of 6/30/19 rent will be $700 per month and will extended lease to 6/30/21.
    Exterior Features

    Construction Type1 Frame-Wood Driveway Asphalt Exterior BrickVinyl Fence None Fire Doors YN Yes Lighted Parking YN Yes Location City Lot Dimensions 52X149 Parcel Description 0-2.9999 Parking PavedPrivateStreet Parking Spaces 8 Parking Type Private Parking YN Yes Road Access City Road Frontage Description City St/Alley Road Surface Asphalt Roof Material Shingle Sea Wall Type None Security Light YN No Sign Type Other Signs YN Yes Waterfront YN No

    Interior Features

    Basement Foundation CrawlPartial Basement Basement YN Yes Bldg1 Above Grd Sq Ft 5143 Bldg1 Below Grd Sq Ft 540 Bldg1 Fin Office Sq Ft 3029 Ceiling Height 8 Column Spacing 0 Cooling Central Air Flooring CarpetTile Heating Fuel GasForced AirHot Water Interior Height 8 Interior Walls DrywallWood Internal Rooms KitchenOfficeStorageWorkroomOther Special Features 110 Volts220 VoltsLiving SpaceBasementOffice SpaceReception Area Total Restrooms 4

    Property Features

    Annual Taxes 3246.92 Auction YN No Buildings 1 Burglar Alarm YN No Cross Street Main St Currently Leased YN Yes Documents Available Aerial PhotoAgencyFloor PlanLeaseLegal DescriptionSellers DisclosureUtility Bill InformationZoning Easements Gas LinePower Line Electric Company Other Enterprise Zone No Equipment YN No Exemptions No Exemptions Existing Financing Other Fire Protection City For Sale Or Rent For Sale Gas Company Nipsco Ingress Egress Asphalt Known Soil Other Contaminants YN No Lease Available YN No Lease Term Remaining Upstairs 6/30/2019 Downstairs 5/31/2023 Lighted Intersection YN No New Construction No Other Fee Description Recycle Fee Other Fees 53 Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use Office/ShowroomOther Property Sub Type Office Property Use Investment Property Proposed Financing CashConventional Public Utilities Electric Hook-UpGas Hook-UpMun. Sewer Hook-UpMun. Water Hook-Up Reo YN No Restrictions Road EasementUtility Easements Sale Includes BuildingLand Security Gate YN No Sewer City Smoke Fire Alarm YN No Special Assessments None Sprinkler System YN No Tax Abatement No Township Columbia Water Company Other Water Heater YN Yes Water Softener YN Yes Water Utility City Year Taxes Payable 2019 Years Established 47 Zoning B2 Central Business

    Listing courtesy of Gregory Fahl of Orizon Real Estate, Inc..
    © 2019 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or North Eastern Group Realty.


    © 2019 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or North Eastern Group Realty. Data last updated: 2019-08-18T16:28:16.377.

     
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