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Multi-Level Restaurant Building
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221 N 4th St, Lafayette, IN 47901

Recently renovated restaurant space with two full bars, draft lines to basement storage, and outdoor seating.

Property SizeContact for details
Days on Market137

Property Features for 221 N 4th St

General Information

Standard status Active
Property subtype Retail
Listing Agency: KW Commercial Lafayette, IN
Listed By: Nathaniel Gustus · License #IN RB14036887
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 5:24PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Lafayette, IN

Investment Insights

Based on property information with market context.

Recently renovated modern restaurant space in downtown Lafayette, IN. The layout includes 2 full bars with draft lines that run to a basement storage area. Dining is served across the 1st and 2nd floors, with beer garden space on the 1st floor and a large outdoor seating area on the 2nd floor deck. Both male and female restrooms are located off the main and 2nd floor dining areas.

The building includes a 3rd floor with a large unfinished storage room. The property may be leased at $16/SF NNN.

Key Highlights

  • Recently renovated modern restaurant space in downtown Lafayette, IN
  • Two full bars with draft lines feeding basement storage space
  • 1st‑floor beer garden and 2nd‑floor deck with large outdoor seating area

Property Analytics

Current Use

The Mitchell Agency Insurance Agency Folie Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Cosmetic Store Pet Store Tanning Salon Acupuncture

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,839
Businesses Nearby
Under-served
Demand for This Use

Demographics for 47901, IN

3,750
Population
2,875
Households
1.3
Avg Household Size
32
Median Age
57%
College-Educated
95%
High-School Grad
0.6 sq mi
ZIP Area
6,250
Density / Sq Mi
$46,425
Median Household Income
$39,368
Median Earnings
$954
Median Rent
$257,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Recently renovated restaurant space with two full bars, draft lines to basement storage, and outdoor seating.
Where is this conventional restaurant located?
The property is located at 221 N 4th St Lafayette, IN.
What are key features of this property?
This property features: Recently renovated modern restaurant space in downtown Lafayette, IN; Two full bars with draft lines feeding basement storage space; 1st‑floor beer garden and 2nd‑floor deck with large outdoor seating area
(765) 807-7177 Call to check price and availability
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