1421 Union St - Office FOR SALE


Lafayette, IN 47904- Downtown Lafayette
$265,000 USD
317-281-8811
1421 Union St, Lafayette, IN for Sale
$265,000 USD
Office - FOR SALE
1/10
null | Request Cap Rate

1421 Union St
Lafayette, IN 47904
Downtown Lafayette


HIGHLIGHTS

  • Central location
  • Great investment or owner-occupant opportunity
  • Thriving market with a diverse, booming economy

OVERVIEW

Jim Pitoukkas of Shook Commercial Real Estate presents this opportunity to purchase a conveniently located and well maintained office/commercial building along well travelled Union Street in Lafayette, Indiana. The subject property currently serves as home to Edward Jones per a lease agreement expiring in September of 2027. The building features an attractive façade, ample parking for its size, and a very nice interior. The interior buildout is comprised of three private offices, a large conference room with kitchenette, three restrooms, and printer and receptionist areas. The flexible configuration can serve a variety of businesses. Building mechanical systems are less than 10 years old. The subject property is located on the near-north side of Lafayette. The neighborhood offers a mix of commercial properties and residential properties, including historic homes, and modern amenities. Nearby businesses include Blueprint Specialties, Purdue Federal Credit Union, Mulhaupt’s, Norman and Miller Eyecare, and more. The building is centrally located to the community, near downtown Lafayette and all it offers, and Purdue University. The Franciscan Health central campus is also nearby. Approximately 6,200 vehicles per day travel by the property, the property enjoys excellent visibility.

FOR SALE DETAILS

PRICE

$265,000 USD

PRICE/SF

$127 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1985

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

NBU

APN/PARCEL ID

79-07-21-335-002.000-004

ASK ABOUT THIS PROPERTY

Jim PitoukkasShook Commercial Real EstateMore Info
317-281-8811

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Jim PitoukkasShook Commercial Real EstateMore Info
317-281-8811

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.