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Mixed-Use Building with Elevator
For Sale
Contact for pricing
Pending

14 N 3rd St, Lafayette, IN 47901

Downtown property combines office or retail space with six apartments and building-wide fire protection systems.

Property SizeContact for details
Days on Market142

Property Features for 14 N 3rd St

General Information

Standard status Pending
Elevators Yes
Property subtype Mixed Use, Multifamily

Additional Details

Sprinkler System Yes
Multifamily Units 6

Amenities

fire alarm
parking garage access

Building Details

Buildings 1
Stories 4
Tenancy Multi
Listing Agency: KW Commercial Lafayette, IN
Listed By: Nathaniel Gustus · License #IN RB14036887
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 1:19PM

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.

This downtown Lafayette mixed-use property contains one office or retail space alongside six residential apartments. The building extends across four floors plus a basement, with an elevator serving every level, including the basement. Fire protection includes a sprinkler system and fire alarm service.

The property is at 14 N 3rd St, one block south of the courthouse and across the river from West Lafayette. An easement provides shared access to the Tippecanoe County Parking Garage through the neighboring property at 12 N 3rd St. The basement is unfinished and provides additional space within the building.

Key Highlights

  • One office or retail space plus 6 residential apartments
  • Four floors and a basement served by an elevator
  • Fully sprinklered building with a fire alarm

Property Analytics

Current Use

Wabash Valley Trust ... Construction Company Scowden's Antiques Home Decor Store

Suggested Use

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

6
Residential units
Multi-tenant
Tenancy
Yes
Sprinkler system

Location Intelligence

Trade Area within ½ mile

1,790
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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown property combines office or retail space with six apartments and building-wide fire protection systems.
Where is this mixed-use property located?
The property is located at 14 N 3rd St Lafayette, IN.
What are key features of this property?
This property features: One office or retail space plus 6 residential apartments; Four floors and a basement served by an elevator; Fully sprinklered building with a fire alarm
(765) 807-7177 Call to check price and availability
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