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    1010 Main St Lafayette, IN 47901

    Sponsored
    For Lease
    $10 SF/Yr ($6,155 /Mo)

    Prime Retail Location, Tippecanoe County

    Lot size:
    7,386 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7,386 square foot commercial property, located at 1010 Main Street in Tippecanoe County, presents a unique investment opportunity. The property is classified as retail and land, featuring a single tenant occupancy within a historical building. The main retail space encompasses 2,300 square feet, offering ample room for a variety of businesses. The building boasts attractive features including exposed brick walls, adding character and charm to the space. A significant advantage is the inclusion of rear parking spaces accessible via a back door, providing convenient customer and employee parking. The building's prime location on a busy section of Main Street places it amongst popular establishments such as a wine bistro, restaurants, and other retail businesses, ensuring high foot traffic and visibility. Summer months see increased activity due to the "Mosey Down Main St" events, further boosting potential customer engagement. Inside, the space has been thoughtfully renovated to include high ceilings exceeding 12 feet, a fully equipped kitchenette, and a complete bathroom, enhancing functionality and appeal. This property offers a blend of historical charm and modern convenience, making it an ideal location for a discerning business owner seeking a thriving retail environment. The property's total building size is 7,386 square feet, distributed across a single suite.

    Property Features for 1010 Main St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,386 SF
    Total Rate
    6155

    Unit(s) available at that property

    Space
    1st Floor
    Size
    2,300 SF
    Rate per SF
    $10

    HighLights

    • 7,386 square foot retail property and land in Tippecanoe County.
    • Single‑tenant retail space totaling 2,300 square feet.
    • Located on a busy section of Main Street with strong neighboring businesses.
    • Features exposed brick walls, rear parking, and a back door.
    • Includes a renovated interior with 12+ foot ceilings, kitchenette, and full bathroom.
    Property Profile Location Intelligence

    Current Use by Public Records

    Virtuous Cycles Bicycle Shop Ralph Privoznik Jewelry ... Jewelry Designer Sigil Spellcrafters Boutique Platinum Home Mortgage ... Mortgage Lender

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Tippecanoe
    State
    Indiana
    Longitude
    -86.8854747
    Latitude
    40.4193165

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    FAQs

    What type of property is this?
    Land - Prime Retail Location, Tippecanoe County
    Where is this land located?
    The property is located at 1010 Main St Lafayette, IN.
    What is the lease rate?
    The lease rate is $10 SF/Yr.
    What are key features of this property?
    This property features: 7,386 square foot retail property and land in Tippecanoe County.; Single-tenant retail space totaling 2,300 square feet.; Located on a busy section of Main Street with strong neighboring businesses.
    Request Owner's contact information
    1010 Main St Lafayette, IN 47901
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    Lafayette, IN 47901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1010 Main St Lafayette, IN 47901
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