Jefferson StLafayette, IN 47905

For Sale
$125,000
Spacious Warehouse, Great Location, Investment Potential

Overview

Added:
Feb 3
Days on market:
73
This I-3 zoned warehouse, located on a quiet Jefferson Street in Lafayette, Indiana, presents a compelling investment opportunity. The property boasts a generous 0.37-acre lot and offers nearly 2,400 square feet of usable space on the ground floor, complemented by an additional 2,400 square feet of usable attic space. Two large sliding doors facilitate easy access for equipment and materials. Existing gas and electric utilities are already in place, simplifying the transition for a new owner. The convenient location provides easy access to downtown Lafayette (less than one mile away) and the city's south and west sides. The property's versatility makes it suitable for a variety of uses, including storage, business operations, or personal hobbies. Adding to its appeal are two small residential lots situated directly across the street. The asking price of $125,000 is particularly attractive, considering market rents for comparable spaces range from $6 to $8 per square foot annually, suggesting strong potential for rental income and return on investment. This property offers a unique blend of space, location, and potential, making it an ideal choice for both business owners and investors.

Property Details for Jefferson St

Property type
Commercial real estate
Year Built
1979
Lot Size (sq. ft)
16,117 SF

Location Insight

City
Lafayette
County
Tippecanoe
State
Indiana
Latitude
40.40538
Longitude
-86.90075
Jefferson St, Lafayette, Indiana

FAQs

What type of property is this?
Commercial real estate - Spacious Warehouse, Great Location, Investment Potential
Where is the commercial real estate located?
The property is located at Jefferson St Lafayette, IN.
What is the asking price?
The asking price for this property is $125,000.
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Jefferson St
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