516 Main St, Lafayette, IN 47901-2833
- Commercial real estate
- 6,480 SF
- 0.15 lot acres
Current Use by Public Records
- Psevins Media / Film Production / Television Studio
- KNOWARE / Marketing & Advertising / (Bike/Boat/Book/etc) Store
- Better Merchants Marketing and Media / Advertising Agency / Marketing & Advertising
- Blends FX / (Bike/Boat/Book/etc) Store
- UGLY Paintball / Production Facility / Textile Manufacturer
Property Details for 516 Main St
- Year built
- 1907
- Construction
- WOOD
- Lot size
- 0.15 lot acres
- Property type
- Commercial real estate
- APN
- 79-07-20-065-001.900-004
- APU
- 790720065001900004
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 30, 2025 | — | Stwalley Property Management Incorp | U S A Incorporated | Warranty Deed | — |
| Mar 20, 2018 | — | Stwalley Prop Mgmt INC | Biosolutions USA | Warranty Deed · related | — |
| Jun 26, 2008 | — | Biosolutions USA INC | Stwalley,robert M III & Carol S | Warranty Deed · related | — |
Description
This beautifully restored mixed-use commercial property at 516 Main Street in Lafayette, Indiana, offers a unique retail opportunity. The 201-square-foot single-tenant space is currently occupied, showcasing its ideal location in the heart of downtown Lafayette. The building's strategic position provides easy access to ample street parking, a vibrant array of restaurants, the farmers' market, and convenient public transportation via the Trolley line, offering seamless connectivity to the campus and beyond. The property's mixed-use nature includes leased second-floor apartments and office spaces, perfectly sized for individuals or small professional teams. This presents a compelling investment opportunity in a thriving downtown area. Located in Tippecanoe County (zip code 47901), this property is situated at the epicenter of activity, benefiting from high foot traffic and visibility. The property is classified as retail and land, offering a blend of commercial uses. The building consists of a single suite, making it an ideal space for a focused business. This is a chance to acquire a well-maintained, historically significant property in a rapidly growing area.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $673,000
- AI Estimate
- $374,000
Market price range: $298k - $888kMarket price range: $145k - $437k -
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $490,000 Current use
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Lafayette
- County
- Tippecanoe
- State
- Indiana
- Longitude
- -86.8914
- Latitude
- 40.4194
- CBSA code
- 29200
- CBSA name
- LAFAYETTE-WEST LAFAYETTE, IN METROPOLITAN STATISTICAL AREA
