400 Main St Lafayette, IN 47901-1368
- Commercial real estate
- 13,936 SF
- 0.08 lot acres
Dec 30, 2020
Current Use by Public Records
- friendly market / Grocery & Convenience Store
Property Details for 400 Main St
- Year built
- 1914
- Construction
- WOOD
- Lot size
- 0.08 lot acres
- Property size
- 13,936 SF
- Property type
- Commercial real estate
- APN
- 79-07-20-461-007.000-004
- APU
- 790720461007000004
Description
This exceptional 4,300 square foot office space is ideally situated in downtown Lafayette, Indiana, at 400 Main Street, between 4th and Main Streets. The entire suite occupies a single unit within a three-story building and offers a unique opportunity for a variety of businesses. Boasting a private entrance with convenient elevator access, this space features large, comfortable offices, high-quality workspaces, a well-appointed kitchenette, and private bathrooms. The high ceilings, measuring 10 feet, contribute to a spacious and airy atmosphere. Previously configured as a law firm, this versatile space is well-suited for professional practices requiring ample room and sophisticated amenities. The zoning is CB, and the property is located in the Downtown submarket, offering excellent visibility and accessibility. While there are no on-site parking spaces, the central location provides easy access to various parking options in the surrounding area. The suite is currently vacant and ready for immediate occupancy. This is a rare opportunity to secure a substantial, move-in ready office space in a highly desirable downtown location. The total building square footage is 4,300 square feet, with a maximum contiguous space of 4,300 square feet. The property offers a commanding view overlooking Lafayette's Courthouse.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,264,000
- AI Estimate
- $703,000
Market price range: $640k - $1.91MMarket price range: $312k - $940k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $1,060,000 Current use
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Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Tippecanoe
- State
- Indiana
- Longitude
- -86.8929
- Latitude
- 40.4193
- CBSA code
- 29200
- CBSA name
- LAFAYETTE-WEST LAFAYETTE, IN METROPOLITAN STATISTICAL AREA