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Office Building with Flexible Layout
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1421 UNION ST, Lafayette, IN 47904

Configured with private offices, a conference room, kitchenette, restrooms, and reception support areas.

Property SizeContact for details
Days on Market9

Property Features for 1421 UNION ST

General Information

Standard status Active
Property subtype Office

Additional Details

Road Access Yes

Building Details

Buildings 1
Tenancy Single
Listing Agency: Shook Commercial Real Estate
Listed By: Jim Pitoukkas · License #IN
Source: Crexi
Added: Sep 10 Changed: Sep 18 Last Checked: Sep 18 at 5:25AM

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 office building at 1421 Union Street includes three private offices, a sizable conference room with kitchenette, three restrooms, and dedicated printer and receptionist areas. The existing layout supports a range of professional office operations, while building mechanical systems are less than 10 years old. The property is currently occupied by Edward Jones under a lease scheduled to expire in September 2027.

Positioned on Union Street in Lafayette’s near-north side, the building is surrounded by a combination of commercial properties and residences. Downtown Lafayette, Purdue University, and the central campus of Franciscan Health are nearby. Approximately 6,200 vehicles per day pass the property, providing exposure along this traveled local corridor.

Key Highlights

  • Three private offices and a large conference room with kitchenette
  • Three restrooms plus printer and receptionist areas
  • Edward Jones lease runs through September 2027

Property Analytics

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Current Use

Edward Jones Financial Advisor Edward Jones - Financial ... Financial Advisor Caliendo Patricia Z Financial Advisor

Suggested Use

Top Pick Big Box & Wholesale Store Auto Parts Store (Bike/Boat/Book/etc) Store Electrical Service Locksmith 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

Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,793
Businesses Nearby

Demographics for 47904, IN

16,571
Population
7,776
Households
2.1
Avg Household Size
34
Median Age
19%
College-Educated
84%
High-School Grad
5.8 sq mi
ZIP Area
2,857
Density / Sq Mi
$46,841
Median Household Income
$34,455
Median Earnings
$965
Median Rent
$118,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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?
Office building - Configured with private offices, a conference room, kitchenette, restrooms, and reception support areas.
Where is this office building located?
The property is located at 1421 UNION ST Lafayette, IN.
What is the asking price?
The asking price for this property is $265,000.
What are key features of this property?
This property features: Three private offices and a large conference room with kitchenette; Three restrooms plus printer and receptionist areas; Edward Jones lease runs through September 2027
(317) 281-8811 Call to check price and availability
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