516 Main St Lafayette, IN 47901

Property Details for 516 Main St

Year built

1907

Construction

WOOD

Lot size

0.15 lot acres

Property size

6,480 SF

Property type

Commercial real estate

APN

79-07-20-065-001.900-004

APU

790720065001900004

Description

This beautifully restored mixed-use commercial property at 516 Main Street in Lafayette, Indiana, offers a unique retail opportunity. The 201-square-foot single-tenant space is currently occupied, showcasing its ideal location in the heart of downtown Lafayette. The building's strategic position provides easy access to ample street parking, a vibrant array of restaurants, the farmers' market, and convenient public transportation via the Trolley line, offering seamless connectivity to the campus and beyond. The property's mixed-use nature includes leased second-floor apartments and office spaces, perfectly sized for individuals or small professional teams. This presents a compelling investment opportunity in a thriving downtown area. Located in Tippecanoe County (zip code 47901), this property is situated at the epicenter of activity, benefiting from high foot traffic and visibility. The property is classified as retail and land, offering a blend of commercial uses. The building consists of a single suite, making it an ideal space for a focused business. This is a chance to acquire a well-maintained, historically significant property in a rapidly growing area.

Location Insight

City

Lafayette

County

Tippecanoe

State

Indiana

Longitude

-86.8914

Latitude

40.4194

CBSA code

29200

CBSA name

LAFAYETTE-WEST LAFAYETTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments