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Mixed-Use Development Property
For Sale
Contact for pricing
Pending

402 S 4th Street, Lafayette, IN 47901

Mixed-use building with upstairs 1-bedroom or studio units and ground-floor office or retail space.

Days on Market112

Property Features for 402 S 4th Street

General Information

Standard status Pending
Property subtype Retail

Additional Details

Multifamily Units 5
Listing Agency: Shook Commercial Real Estate
Listed By: Julie Ginn · License #IN
Source: Crexi
Added: Apr 10 Changed: Jul 23 Last Checked: Jul 27 at 7:15PM

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 Shook Commercial Real Estate

Investment Insights

Based on property information with market context.

This mixed-use property includes 5 residential units consisting of one-bedroom apartments or studio apartments upstairs. The ground floor is configured for office or retail use, providing flexibility for a variety of commercial plans. The property is being sold “As Is,” and includes an extra lot available with the purchase.

The site is located at 402 S. 4th Street in Lafayette, Indiana. The offering is described as a redevelopment or new development opportunity.

With residential units above and office/retail space at street level, the building offers an immediately recognizable mixed-use framework while allowing the buyer to evaluate redevelopment options in conjunction with the included extra lot.

Key Highlights

  • Mixed‑use building with five upstairs 1‑bedroom or studio apartments
  • Ground‑floor office or retail space
  • Additional extra lot available with purchase

Property Analytics

Current Use

Beaman Drug Store Association Or Organization

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Auto Parts Store Pet Grooming Service Big Box & Wholesale Store Electrical Service

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

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,687
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Mixed-use building with upstairs 1-bedroom or studio units and ground-floor office or retail space.
Where is this apartment building located?
The property is located at 402 S 4th Street Lafayette, IN.
What are key features of this property?
This property features: Mixed‑use building with five upstairs 1‑bedroom or studio apartments; Ground‑floor office or retail space; Additional extra lot available with purchase
(207) 657-4250 Call to check price and availability
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