Two-Tenant Mixed-Use
New
For Sale
$220,000
2323 Lafayette Avenue, Terre Haute, IN 47805
Commercial Sale, Terre Haute, IN
Property SizeContact for details
Lot Size0.36 Acres
Days on Market3
Property Features for 2323 Lafayette Avenue
General Information
Property type
Commercial Sale
Property subtype
Retail
Zoning
Commercial/Industrial
Parking features
Alley
Fencing
Gate
Elementary school district
Vigo County School Corp
Middle school district
Vigo County School Corp
High school district
Vigo County School Corp
Directions
GPS Friendly
Subdivision
8412 - Vigo - Harrison
Standard status
Active
APN
840602187008000002
Lot size
0.36 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
S Side Se Se Nw 2013006295 2-12-9 .36 Ac
Tax Annual Amount
2266
Legal Description
S Side Se Se Nw 2013006295 2-12-9 .36 Ac
Utilities
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Amenities
front and back entrances
restroom
garage door opening
Building Details
Year built
1965
Floors in Building
1
Roof type
Flat
Listing Agency:
Real Broker, LLC
(317) 794-2827
Listed By:
Alice Steppe · License #RB14034953
(317) 614-5445
Added: Sep 17
Changed: Sep 19
Last Checked: Sep 19 at 7:06PM
MLS# 22125466
Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This mixed-use commercial building contains two currently leased sides, creating separate rental streams within one property. Each side has its own city utilities, front and rear entrances, and restroom. The industrial portion includes a garage door that supports vehicle access and deliveries. The property also offers asphalt-paved parking, driveway access, and additional gravel parking at the rear.
Recent improvements include a roof installed less than one year ago with a 40-year warranty, new ductwork completed in 2021, a 2023 water heater, and a 2022 HVAC system. The building uses natural gas and forced-air heat with central air conditioning. It was built in 1965 and sits on 0.36 acres at 2323 Lafayette Avenue in Terre Haute, Indiana. Commercial/Industrial zoning and alley parking access are also noted.
Recent improvements include a roof installed less than one year ago with a 40-year warranty, new ductwork completed in 2021, a 2023 water heater, and a 2022 HVAC system. The building uses natural gas and forced-air heat with central air conditioning. It was built in 1965 and sits on 0.36 acres at 2323 Lafayette Avenue in Terre Haute, Indiana. Commercial/Industrial zoning and alley parking access are also noted.
Key Highlights
- Two currently leased sides provide separate rental streams
- Each side has city utilities, front and rear entrances, and a restroom
- Industrial side includes a garage door for vehicle access and deliveries
Property Analytics
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Current Use
Lease Details
1
Drive-in doors
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
203
Businesses Nearby
Explore this area
Business Placement
Demographics for 47805, IN
12,875
Population
5,749
Households
2.2
Avg Household Size
41
Median Age
23%
College-Educated
95%
High-School Grad
52.2 sq mi
ZIP Area
247
Density / Sq Mi
$69,716
Median Household Income
$45,178
Median Earnings
$795
Median Rent
$151,900
Median Home Value
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Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Separate utilities, entrances, and restrooms support flexible occupancy across the building.
Where is this mixed-use property located?
The property is located at 2323 Lafayette Avenue Terre Haute, IN.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Two currently leased sides provide separate rental streams; Each side has city utilities, front and rear entrances, and a restroom; Industrial side includes a garage door for vehicle access and deliveries
