Move-In-Ready Office/Retail
2504 E 350 S Lafayette, IN 47909
2504 E 350 S, Lafayette, IN, 47909
$435,000
For Sale
$435,000
COMMERCIAL - Lafayette, IN
Property Size2,817 SF
Lot Size0.05 Acres
Price / SF$154.42
Days on Market47
Property Features for 2504 E 350 S
General Information
- Property type
- Commercial Sale
- Property subtype
- Office
- Standard status
- Active
- APN
- 79-11-09-279-009.009-032
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Description
- SYCAMORE PROFESSIONAL VILLAGE PD SEC 1LOT 1 UNIT A9& UND INT COMMON AREA SYCAMORE PROFESSIONAL VILLAGE PD SEC 1LOT 1 UNIT A10& UND INT COMMON AREA SYCAMORE PROFESSIONAL VILLAGE PD SEC 1LOT 1 UNIT A11& UND INT COMMON AREA SYCAMORE PROFESSIONAL VILLAGE PD SEC 1LOT 1 UNIT A12& UND INT COMMON AREA (Parcel ID: 79-11-09-279-012.009-032)
- Tax Annual Amount
- 5698
Utilities
- Cooling system
- Central Air
Building Details
- Year built
- 2004
- Flooring type
- Tile, Tile - Ceramic
- Roof type
- Shingle
Listing agency
Keller Williams Lafayette
(765) 807-7177
Listed by
Steven Childers · License #RB22002269
(765) 413-6046
Added: Jun 5 Updated: Jul 11 at 1:57AM Checked: Jul 21 at 7:06AM
MLS# 202621850
Copyright © 2026 Lafayette Regional 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.
Move-in-ready office/retail condominium suite available for sale or lease. The approximately 2,817 SF layout includes a large open workspace with perimeter offices, providing a flexible configuration for a range of professional and service-oriented uses. The space was previously occupied as a salon and includes existing plumbing and nail station hookups that may support compatible future operations.
Located along Veterans Memorial Parkway with approximately 18,000 vehicles per day, the property is positioned for strong visibility and convenient access. Ample shared parking is available, and immediate occupancy is offered.
For additional details, including the full Offering Memorandum, please refer to the MLS Documents. Contact the broker to schedule showings and request information.
Located along Veterans Memorial Parkway with approximately 18,000 vehicles per day, the property is positioned for strong visibility and convenient access. Ample shared parking is available, and immediate occupancy is offered.
For additional details, including the full Offering Memorandum, please refer to the MLS Documents. Contact the broker to schedule showings and request information.
Key Highlights
- Move‑in‑ready office/retail condominium available for sale or lease at 2504 Veterans Memorial Parkway South in Lafayette
- Approximately 2,817 SF suite with a flexible layout: large open workspace plus perimeter offices
- Previously occupied as a salon with existing plumbing and nail station hookups for future users
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.2k | $21.00 |
| − Vacancy | −$14.2k | −$5.04 |
| EGI | $45.0k | $15.96 |
| − OpEx | −$11.2k | −$3.99 |
| NOI | $33.7k | $11.97 |
2,817 SF · lease $21.00/SF/yr · vacancy 24.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$481.7K
$421.5K – $562.0K
NOI $33,719 @ 7.0% cap · market cap 7.75%
Second Best
Healthcare Medical
$479.8K
$419.8K – $559.7K
NOI $33,583 @ 7.0% cap · market cap 7.72%
Theoretical Best
Office A
$650.4K
$569.1K – $758.8K
NOI $45,526 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Condo suite with open workspace, perimeter offices, and shared parking on Veterans Memorial Parkway.
Where is this office units located?
The property is located at 2504 E 350 S Lafayette, IN.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Move‑in‑ready office/retail condominium available for sale or lease at 2504 Veterans Memorial Parkway South in Lafayette; Approximately 2,817 SF suite with a flexible layout: large open workspace plus perimeter offices; Previously occupied as a salon with existing plumbing and nail station hookups for future users
