Search
Historic Office Building in Lafayette
For Lease
Contact for pricing

427 Main St, Lafayette, IN

Well-maintained office space in downtown Lafayette near Purdue University.

Space Size1,916 SF
Lot Size0.15 Acres
Days on Market824

Property Features for 427 Main St

General Information

Standard status Active
Size 1,916 SF
Lot size 0.15 Acres
Property subtype OFFICE
Lease Type NNN

Spaces For Lease

at 427 Main St Contact us

427 Main St $16.50/SF/Yr

Floor
1
Size
1,916 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- The subject property is centrally located at the corner of 5 th Street and Main...
show more
Contact us
Listing Agency: Shook Commercial Real Estate
Listed By: Jim Pitoukkas
Source: Moodyscre
Added: May 22, 2024 Changed: Aug 8 Last Checked: Aug 22 at 1:25PM

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.

Located at the corner of 5th Street and Main Street in downtown Lafayette, the subject property is less than 2 miles from Purdue University. This well-maintained historic office building offers great street presence near the bustling Farmers Market on 5th Street. The location provides convenient access to popular eateries and businesses in all directions. The County Courthouse is a couple blocks west of the property. The available space, totaling 1916 square feet, will be delivered with a new finished drop ceiling in the entry area, finished drywall, a new keyed backdoor, and flooring that is mutually agreed to by landlord and tenant. Common restrooms serve the premises. The building offers occupants convenient parking options downtown, with reserved off-street parking available for an additional fee. CAM includes 1st and 2nd floor exterior window washing, maintenance of common areas, snow removal, and HVAC maintenance. The CAM charge is a fixed $2 per square foot. Utilities are estimated at $1.49 per square foot and trued up annually. Tenant will be responsible for janitorial services within their premises and phone/internet.

Key Highlights

  • Prime downtown Lafayette location at the corner of 5th and Main, less than 2 miles from Purdue University.
  • High visibility with great signage opportunities.
  • Convenient parking options, including reserved off‑street parking for an additional fee.

Property Analytics

Current Use

DelMar Software Development (Bike/Boat/Book/etc) Store Aaron Walker - Coldwell ... Real Estate Agency Kathy Ptasnik, Real ... Real Estate Agency Tamara Foley, Coldwell ... Real Estate Agency Lynn Beckham, Wilburn|Beckham ... Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Electrical Service Cosmetic Store Pet Store Tanning Salon Acupuncture

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

$2.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,804
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office units - Well-maintained office space in downtown Lafayette near Purdue University.
Where is this office units located?
The property is located at 427 Main St Lafayette, IN.
What is the lease rate?
The lease rate is $16.50 SF/Yr.
What are key features of this property?
This property features: Prime downtown Lafayette location at the corner of 5th and Main, less than 2 miles from Purdue University.; High visibility with great signage opportunities.; Convenient parking options, including reserved off‑street parking for an additional fee.
(317) 281-8811 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message