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    OFF-MARKET
    Office Spaces

    105 Lafayette St, Portland, IN 47371-1020

    1,995 SF 0.18 ac lot Built 1994
    Entity Owned Absentee Owner Free & Clear
    Property ID
    US31-0373940
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 105 E Lafayette Street in Portland, Indiana, presents a fantastic opportunity for businesses seeking a well-appointed office space. Situated on a 0.18-acre lot, the building offers a versatile layout ideal for a variety of professional uses. Key features include multiple private offices, providing ample space for individual work or team collaboration. A highlight is a generously sized executive office, measuring approximately 18' x 10', perfect for senior management or high-profile clients. In addition to the private offices, the property boasts a sizable conference room, suitable for meetings, presentations, or training sessions. The ample parking available on-site ensures convenient access for employees and clients alike. The building's functional design and convenient location make it an attractive option for businesses seeking a productive and comfortable work environment in the heart of Portland. The asking price for this ready-to-occupy commercial building is $149,900. This represents a significant opportunity to acquire a well-maintained and strategically located office space in a thriving community. The property is zoned for general commercial use, offering flexibility for a range of business types. Serious inquiries are encouraged to explore this promising investment.

    Property profile
    Verified
    Property type Office Spaces
    Use group OFFICE (GENERAL)
    Year built 1994
    Construction WOOD
    Total area 1,995 SF
    Lot 0.18 ac (7,930 SF)
    APN 38-07-16-302-051.000-034
    UPID US31-0373940
    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
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    Owner & transaction history
    ALLEN HILFIKER & SONS INC
    ALLEN HILFIKER & SONS INC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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