415 Columbia St Lafayette, IN 47901

Property Details for 415 Columbia St

Year built

1999

Property size

45,496 SF

Property type

Office buildings

APN

79-07-20-072-004.300-004

APU

790720072004300004

Description

This exceptional investment opportunity presents two contiguous third-floor condos (Units 3A & 3B) within the prestigious Columbia Center in Lafayette, Indiana's central business district. The combined space totals approximately 14,595 square feet, offered for sale at $2,600,000. Unit 3A is currently leased to two tenants, generating immediate rental income, while Unit 3B is vacant, providing flexibility for owner-occupancy or additional leasing potential. Located on Columbia Street, a major thoroughfare leading to Purdue University, this Class A office building benefits from high visibility, excellent signage opportunities, and convenient access to the Tippecanoe County Courthouse. The building features an attached parking garage and ample street parking, ensuring convenient parking for tenants and visitors. The property's location within Lafayette's thriving central business district, characterized by new development and a growing number of businesses and residents, makes it an attractive investment. This is a rare opportunity to acquire a substantial, well-located office space with immediate income potential and significant upside. The property is situated less than a mile from Purdue University, further enhancing its appeal and potential for long-term growth.

Location Insight

City

Lafayette

County

Tippecanoe

State

Indiana

Longitude

-86.8924

Latitude

40.418

CBSA code

29200

CBSA name

LAFAYETTE-WEST LAFAYETTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments