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Property profile & analytics
OFF-MARKET
Banks

201 Main St Lafayette, IN 47901-1277

0.05 ac lot
Trust Owned 6-yr Hold Free & Clear
Property ID
US31-0986411
Property summary
AI-generated overview

This exceptional 10-story office building, the Lafayette Bank Tower, located at 201 Main Street in Lafayette, Indiana, offers a variety of office spaces to suit various business needs. With a total of 76,232 square feet, the building boasts multiple tenancy options, ranging from a minimum of 798 square feet to a maximum contiguous space of 8,534 square feet. Currently, 36,580 square feet are available. Built in 1970, this Tippecanoe County property enjoys a prime downtown location, just one block from the Wabash River waterfront. The building offers excellent visibility from Lafayette, West Lafayette, and Purdue University. Its strategic location provides easy access to the vibrant Main Street dining and shopping scene, as well as the John T. Myers Pedestrian Bridge leading to Wabash Landing's retail, apartment, and hotel options. The Lafayette Bank Tower features an attached, secured parking garage and offers the convenience of two move-in ready, fully furnished suites. Join prestigious tenants such as Chase Bank, Centier Bank, Ball Law, and Trinitas Ventures in this best-in-market building. This is an unparalleled opportunity to establish your business in the heart of Lafayette's financial district, enjoying stunning views of the city and its surroundings.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Lot 0.05 ac (2,265 SF)
APN 79-07-20-456-019.000-004
UPID US31-0986411
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
Current use
Occupant on record · Public records
  • Chase Mortgage Loan Service Bank
  • Chase Bank Bank Loan Service
  • ARCEM Solutions Tech Support Center IT Consulting Firm
  • Cardwell, King, and Downey Wealth Management of Raymond James Financial Advisor
  • Club America Air Conditioning & Heating HVAC Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Morris Living Trust · 6 yrs held
Morris Living Trust
since 2020
4 recorded transactions
2020
Price N/A
2018
Price N/A
2017
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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