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    316 Ferry St Lafayette, IN 47901

    For Lease
    $11 SF/Yr ($17,381 /Mo)

    Prime Downtown Lafayette Office, 3 Suites Available

    Lot size:
    17,454 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional commercial property, the Kettelhut Building at 316 Ferry St, Lafayette, IN 47901, offers 17,454 square feet of space in three available suites ranging from 735 to 2,780 square feet. Located in the heart of Lafayette's downtown business and cultural district, this historic 1893 two-story brick building boasts an elegant façade with large street-facing windows and ornate rock-faced stone trim. Its prime location is within walking distance of major government and financial offices, including the Charles H. Hallock Federal Building and the Tippecanoe County Courthouse. The building's mixed-use nature includes residential apartments upstairs and desirable retail and office spaces on the ground floor. The three available commercial units, previously occupied by a law firm, are separated by party walls but can be connected for a single tenant. Units at 318 and 320 Ferry St feature storefront windows ideal for retail businesses. A private courtyard adds to the property's appeal. This Tippecanoe County property presents a unique opportunity for businesses seeking a prestigious downtown location with historical charm and excellent visibility. The building's central location in a vibrant area with art galleries, concert halls, and restaurants ensures a steady stream of potential customers.

    Property Features for 316 Ferry St

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    17,454 SF
    Total Rate
    17381.27

    Unit(s) available at that property

    Space
    318
    Size
    1,356 SF
    Rate per SF
    $11
    Space
    316
    Size
    2,780 SF
    Rate per SF
    $12
    Space
    320
    Size
    735 SF
    Rate per SF
    $12
    Property Profile Location Intelligence

    Current Use by Public Records

    Chosnek Jacqueline Attorney Pearlman Chosnek Hopson ... Attorney Wilkes Melissa Attorney

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store 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
    -86.8936054
    Latitude
    40.4201227

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    FAQs

    What type of property is this?
    Land - Prime Downtown Lafayette Office, 3 Suites Available
    Where is this land located?
    The property is located at 316 Ferry St Lafayette, IN.
    What is the lease rate?
    The lease rate is $11-$12 SF/Yr.
    Request Owner's contact information
    316 Ferry 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
    316 Ferry St Lafayette, IN 47901
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