210 5th St Lafayette, IN 47901
This exceptional mixed-use property, located at 210 N 5th St in Lafayette, Indiana, presents a unique investment opportunity. The 7,200 square foot building, constructed in 1900, boasts three stories and is situated on a 0.05-acre lot. Its all-brick construction adds to its historic charm and durability. The property is zoned CB and offers significant potential for a variety of uses, given its multifamily and office subtype designation. The asking price is $399,000, translating to a price per square foot of $55.42. Its prime location in downtown Lafayette, just off Main Street, ensures high visibility and foot traffic. The proximity to the Farmer's Market, operating during spring and summer months, further enhances its appeal and potential for attracting customers and residents. The property's APN is 79-07-20-461-016.000-004. This building offers a blank canvas for a creative entrepreneur or investor looking to capitalize on the vibrant downtown Lafayette market. The three stories provide ample space for customization and development to suit a variety of business and residential needs. This is a rare opportunity to acquire a piece of Lafayette's rich history and contribute to its continued growth and revitalization.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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.