415 Columbia Street, Lafayette, IN 47901 For Sale

The subject property is being turned into condominiums; two commercial condos per floor. The west side of the first floor and entire second floor are owner occupied by longstanding, successful businesses. A condo interest of the east side of the first floor, with exterior signage rights, is available for sale. The condo consists of approximately 6,575 square feet and is being offered for sale for $1,395,000.

Both third floor condos, Units 3A and 3B, which consist of approximately 14,595 square feet, are being offered for sale together for $1,995,000. The west side condo on the third floor, Unit 3A, is currently leased to two tenants. The east side condo on the third floor, Unit 3B, is unoccupied. This is a great opportunity for a buyer to occupy or lease Unit 3B while collecting rent from the existing tenants in Unit 3A.

The subject property is located in Lafayette’s central business district and just a mile from Purdue University. Lafayette’s Central Business District is booming with new development, many new and established retail and professional services businesses, and a growing number of year-round residents.