224 Columbia
MLS# 721380

224 Columbia

Commercial
$119,900
Union City - IN, IN 47390
 

Union City - IN, IN 47390

224 Columbia Union City - IN, IN 47390
Commercial   $119,900

Great investment opportunity in Union City Indiana. Mixed use building offers retail space and 2 apartments. Retail space is approximately 1840 sf split into 2 rooms and rents for $425/mo. Tenant has been in this space for 16 years! Second level contains 2 apartments and laundry facility. The 1 bedroom apartment rents for $450/mo and the 2 bedroom rents for $495/mo. Both units are very nice and come fully furnished. There are 3 heating and air conditioning units in the building, one for each unit. There are separate meters for the electric and gas, but only 1 water meter. Landlord pays all utilities and bills tenants back for usage, including water. Rubber membrane roof was new in June 2014. This is a good looking building and offers better than 12% ROI for an investor. Call today for additional details or to schedule a showing.

Features
County: County
Age: 131

Demographics
General
Zip code:47390
State:Indiana
Population
Total:5,367
Male:2,677
Female:2,690
Median age:38
Income Per Capita:$37,781
Population Change:-0.83%
Pop Density Sq.Mi.:68
Environment
Annual precipitation:57.32
Temp Jan (avg):25.3
Temp July (avg):72.9
Air pollution index:223
Education
Education index:2
High school degree:1,839
College degree:423
Associates degree:172
Bachelors degree:149
Graduate degree:102
Household
Households:2,213
Households w/ children:697
Size (average):2.43
Net Worth (average):$268,406
Income Median 0-25:$27,812
Income Median 25-44:$39,196
Income Median 45-64:$43,611
Income Median 65+:$32,778
Income Change:+5%
Mortgage Debt Median:$47,587
Home Equity Median:$104,646
Miscellaneous
Work Travel (median):34 min
Dwelling Median Age:55
Dwellings Owned:1,352
Dwellings Rented:861
Dwellings Vacant:290
Airport(major):James M Cox Dayton International

Demographic data copyright © 2013 Onboard Informatics.

Southeast Indiana

About Southeast Indiana

Introduction

Southeastern Indiana Overview

Summary

Once primarily a bedroom community for nearby Cincinnati, the southeastern Indiana area has changed dramatically in recent years. Many area residents still work in Cincinnati and its suburbs, but most choose to live here for its country living. Some of the state’s earliest architecture can be found here. Southeastern Indiana is a curious mix of agricultural and industrial enterprises with plenty of rural acreage to call home.

Transportation

You need a car or a boat to get around in Southeastern Indiana. I-275, and I-74 provide interstate access. St. Rts. 1, and 101 meander throughout the region just 30 minutes from downtown Cincinnati.

Hospitals

Dearborn County Hospital in Lawrenceburg serves the growing area’s medical needs, as well as Rush Memorial Hospital, and Margaret Mary Community Hospital in Batesville. Hospitals in Cincinnati are about 45 minutes away.

Shopping

Shopping is primarily in the bigger cities in their commercial districts, but many neighborhood and villages offer their own convenience outlets to meet every need. Specialty and antique stores abound in Southeastern Indiana, and are worth a special trip. Several burgeoning artists communities with one-of-a-kind offerings entice you to shop and browse.

Recreation

Nestled in a scenic river valley, outdoor recreation is abundant here with the opportunity to hike, bicycle or drive to explore the breathtaking hills and valleys. The Ohio River provides access via numerous deep-water marinas and fishing recreation. Nearby Brookville Lake is the center of water sports; canoes frequent the White Water River during the spring and summer seasons. Several state parks dot the region; Perfect North Slopes provides the region’s only ski resort area. Entertainment includes the nearby gambling boats not only for their gaming opportunities, but also for their sports and entertainment complexes.

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This listing courtesy of Dustin Leis, Leis Realty Company .

Real Estate For Sale located in Union City - IN, IN

Copyright © 2016 Dayton Area Board of Realtors ® / Information deemed reliable but not guaranteed.

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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of the Dayton Area Board of Realtors ® MLS IDX Database. Real estate listings from the Dayton Area Board of Realtors ® MLS IDX Database held by brokerage firms other than Sibcy Cline, Inc. are marked with the IDX logo and are provided by the Dayton Area Board of Realtors ® MLS IDX Database. Information is provided 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.