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Property profile & analytics
OFF-MARKET Estimated value $2,875,000
Retail space

100 Northwestern Ave West Lafayette, IN 47906-3502

18,731 SF 0.17 ac lot Built 1893
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US31-0515087
Property summary
AI-generated overview

The Miller Building, located at 100 Northwestern Ave, West Lafayette, IN 47906, presents a unique investment opportunity. This mixed-use property boasts a prime location at the intersection of South Street and Northwestern Avenue, benefiting from high foot traffic and proximity to Purdue University. The building comprises nine apartments, catering to the substantial student population, and features Greyhouse Coffee, a popular local coffee shop, on the ground floor. The second floor offers several office spaces, currently utilized by the property owner for management purposes, and suitable for a corporate headquarters or other professional use. This property offers a blend of income streams from retail, residential, and office spaces. The building's strategic location is further enhanced by a recently announced $300 million investment in a neighboring development, promising continued growth and increased property value. The asking price for this iconic West Lafayette landmark is $5,500,000. This is an exceptional opportunity to acquire a well-established, income-producing asset in a thriving college town. The property's diverse tenant mix and prime location make it an attractive investment for both seasoned and emerging investors seeking strong returns in a dynamic market.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1893
Construction TYPE NOT SPECIFIED
Total area 18,731 SF
Lot 0.17 ac (7,482 SF)
APN 79-07-19-278-001.000-026
UPID US31-0515087
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$2.90M
Comparable Approach Comparable
$3.82M
Blend (final) Blend
$2.88M
Owner & transaction history
Bc Preferred LLC · 1 yrs held
Bc Preferred LLC
since 2025
4 recorded transactions
2025
$4.7M
2018
Price N/A
2018
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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