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Office Condominium Suites
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415 Columbia St, Lafayette, IN 47901

Converted to office condos with two suites per floor, including available first- and third-floor units.

Property Size45,496 SF
Days on Market100

Property Features for 415 Columbia St

General Information

Standard status Active
Size 45,496 SF
Property subtype OFFICE
Listing Agency: Shook Commercial Real Estate
Listed By: Jim Pitoukkas
Source: Moodyscre
Added: Jun 4 Changed: Aug 10 Last Checked: Sep 11 at 4:51AM

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.

The property has been converted into office condominium suites, configured as two commercial condos per floor. The west side of the first floor and the entire second floor are currently owner occupied by longstanding businesses. An east-side first-floor condo interest is available for sale and includes exterior signage rights.

On the third floor, two condos—Units 3A and 3B—are offered for sale together. Unit 3A (west side) is currently leased to two tenants, while Unit 3B (east side) is unoccupied.

These available office condominium suites total approximately 6,575 square feet for the first-floor east-side interest, and approximately 14,595 square feet for the combined third-floor units being marketed together. The property is located at 415 Columbia St, Lafayette, IN 47901.

Key Highlights

  • Converted to office condos with two commercial condos per floor.
  • First‑floor east‑side condo available: approx. 6,575 SF with exterior signage rights; offered at $1,395,000.
  • Third‑floor Units 3A & 3B offered together: approx. 14,595 SF total for $1,995,000.

Property Analytics

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Current Use

Comprehensive Psychological Physician Mutual of Indiana Insurance ... Insurance Agency Morgan Stanley Financial ... Financial Advisor Holder Law Office Law Firm Caleb Quick - Morgan ... Financial Advisor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Pet Store Pet Store & Service Electrical Service Cosmetic Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,804
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
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 units - Converted to office condos with two suites per floor, including available first- and third-floor units.
Where is this office units located?
The property is located at 415 Columbia St Lafayette, IN.
What are key features of this property?
This property features: Converted to office condos with two commercial condos per floor.; First‑floor east‑side condo available: approx. 6,575 SF with exterior signage rights; offered at $1,395,000.; Third‑floor Units 3A & 3B offered together: approx. 14,595 SF total for $1,995,000.
(317) 281-8811 Call to check price and availability
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