Technical
Financial
Distress signals
Property profile

250 Main St Lafayette, IN 47901

OFF-MARKET
Office Spaces
Property ID
US31-2137651
3,102 SF 0.07 ac lot Built 2007
Entity Owned 5-yr Hold ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Bank Loan Service
  • Social Service Agency Charitable Organization
  • Financial Advisor
  • Financial Advisor
  • Law Firm

Location

250 Main St Lafayette, IN 47901-1285
Lafayette metro Census 11100 LAFAYETTE-WEST LAFAYETTE, IN METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

since 2020
2 recorded transactions
2020
Price N/A
2016
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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