105 Lafayette St, Portland, IN 47371-1020
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.