Two-Tenant Mixed-Use
New
For Sale
$220,000
2323 Lafayette Avenue, Terre Haute, IN 47805
COMMERCIAL/INDUSTRIAL, Terre Haute, IN
Property SizeContact for details
Lot Size0.36 Acres
Days on Market3
Property Features for 2323 Lafayette Avenue
General Information
Property type
Residential
Property subtype
Retail
Zoning
commercial
Subdivision
Vigo County
Standard status
Active
APN
840602187008000002
Lot size
0.36 Acres
Amenities
city utilities
front entrance
back entrance
restroom
garage door
asphalt-paved parking
driveway access
gravel parking
Listing Agency:
REAL BROKER ,LLC
(317) 614-5445
Listed By:
(317) 828-4020
Added: Sep 17
Changed: Sep 18
Last Checked: Sep 19 at 7:06PM
MLS# 110539
Copyright © 2026 Terre Haute Area Association of Realtors. 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.
Located at 2323 Lafayette Avenue in Terre Haute, this commercially zoned mixed-use property contains two occupied sides supporting separate rental streams. Each side has its own city utilities, front and rear entrances, and restroom. The industrial portion includes a garage door that accommodates vehicle access and deliveries.
The site includes asphalt-paved parking, driveway access, and additional gravel parking at the rear. Property updates include a roof installed less than one year ago with a 40-year warranty, new duct work completed in 2021, a 2023 water heater, and HVAC installed in 2022. The parcel measures 0.36 acres.
The site includes asphalt-paved parking, driveway access, and additional gravel parking at the rear. Property updates include a roof installed less than one year ago with a 40-year warranty, new duct work completed in 2021, a 2023 water heater, and HVAC installed in 2022. The parcel measures 0.36 acres.
Key Highlights
- Two currently rented sides provide separate rental streams
- Each side has its own city utilities, front and rear entrances, and 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 - Commercially zoned building with separate entrances, utilities, restrooms, parking, and a garage door serving the industrial side.
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 rented sides provide separate rental streams; Each side has its own city utilities, front and rear entrances, and restroom; Industrial side includes a garage door for vehicle access and deliveries
