1800 South StLafayette, IN 47904

For Sale
$360,000

Downtown Lafayette Office Building, High Potential

Overview

Added:
Feb 3
Days on market:
37
This exceptional commercial property, located at 1800 South Street in the heart of Lafayette, Indiana, presents a unique investment opportunity. The building, situated on a 0.19-acre lot, currently functions as a two-unit office building, but its adaptable design allows for easy conversion back to a three-unit configuration. This flexibility caters to a wide range of business needs and potential rental income streams. One unit previously housed an audiologist's office, showcasing its suitability for medical or professional practices. The exterior has recently undergone a refresh, enhancing its curb appeal and market value. Ample parking is provided with a dedicated lot accommodating ten vehicles. The property also features a full basement, offering significant additional space for storage or potential expansion, and a large walk-up attic providing further storage capacity. The building's central Lafayette location ensures high visibility and accessibility, making it an ideal choice for businesses seeking a prominent presence in a thriving commercial district. The asking price of $360,000 reflects the property's strong potential for return on investment, given its versatile layout, convenient location, and recent exterior improvements. This is a rare opportunity to acquire a well-maintained, adaptable commercial building in a prime Lafayette location. The property's size and features make it suitable for a variety of uses, offering significant upside potential for the discerning investor.

Property Details for 1800 South St

Property type
Other commercial real estate
Year Built
1920
Lot Size (sq. ft)
8,276 SF

Location Insight

City
Lafayette
County
Tippecanoe
State
Indiana
Latitude
40.4175
Longitude
-86.87697
1800 South St, Lafayette, Indiana

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1800 South St
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