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Property profile & analytics
OFF-MARKET
Office Spaces

250 Main St Lafayette, IN 47901-1285

3,102 SF 0.07 ac lot Built 2007
Entity Owned 5-yr Hold ~ Est. High Equity
Property ID
US31-2137651
Property summary
AI-generated overview

This stunning, well-maintained office building, located at 250 Main St, Lafayette, IN 47901, offers 13,174 square feet of executive office space in the heart of the downtown business district. Situated on the courthouse square at the corner of 3rd and Main Streets, this property provides unparalleled access to a vibrant array of dining, shopping, and entertainment options. The building boasts a beautiful stone and brick façade and offers multiple tenancy options, with spaces ranging from a minimum of 1,487 square feet to a maximum contiguous space of 3,923 square feet. Currently, the entire 13,174 square feet is vacant and available. The property features convenient on-site parking in a building garage, as well as ample on-street parking. This exceptional location and versatile space make it ideal for businesses seeking a prestigious address and convenient access to all that downtown Lafayette has to offer. Both office and retail spaces are available within the building. This is a rare opportunity to secure a prominent presence in one of Lafayette's most desirable locations.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2007
Construction TYPE NOT SPECIFIED
Total area 3,102 SF
Lot 0.07 ac (3,093 SF)
APN 79-07-20-460-007.009-004
UPID US31-2137651
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
  • First Merchants Bank Bank Loan Service
  • Child Services Department Social Service Agency Charitable Organization
  • Merrill Lynch Wealth Management Advisor Bart Burrell Financial Advisor
  • Merrill Lynch Wealth Management Financial Advisor
  • Reiling Teder & Schrier, LLC Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Wexford Dev LLC · 5 yrs held
Wexford Dev LLC
since 2020
2 recorded transactions
2020
Price N/A
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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