2114 Lafayette AveTerre Haute, IN 47805

For Sale
$399,000
Terre Haute, IN: Multifamily & Industrial Potential

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 8.67-acre property located at 2114 Lafayette Avenue in Terre Haute, Indiana, presents a unique investment opportunity. The existing structures, totaling 1,273 square feet, were built in 1941 and are currently suitable for multifamily use. However, the expansive lot size and versatile zoning offer significant potential for a variety of commercial developments. This prime location in Vigo County, zip code 47805, provides easy access to major transportation routes and essential amenities. The asking price is $399,000, making this a compelling proposition for investors seeking a high-return property with significant upside. The property's versatility allows for creative redevelopment, catering to a range of commercial ventures. Given its size and location, this property is well-suited for expansion or the construction of new commercial buildings. The existing structures could be renovated for multifamily housing or repurposed for other commercial uses. Serious inquiries are encouraged to explore the full potential of this remarkable property and its significant development opportunities. The property is situated at 39.5089812 latitude and -87.385705 longitude. This is a rare chance to acquire a substantial parcel of land in a desirable location with a proven track record for commercial success.

Highlights

  • 8.67-acre lot at 2114 Lafayette Avenue, Terre Haute, IN 47805.
  • 1,273 sq ft existing structures (built 1941), currently multifamily use.
  • Versatile zoning allows for various commercial developments.
  • $399,000 asking price.
  • Prime location with easy access to major transportation routes.

Property Details for 2114 Lafayette Ave

Property type
Land, Industrial properties
Square Feet
1,273 SF
Year Built
1941
Lot Size (sq. ft)
377,665 SF

Location Insight

City
Terre Haute
County
Vigo
State
Indiana
Latitude
39.5089812
Longitude
-87.385705
2114 Lafayette Ave, Terre Haute, Indiana

FAQs

What type of property is this?
Land - Terre Haute, IN: Multifamily & Industrial Potential
Where is the land located?
The property is located at 2114 Lafayette Ave Terre Haute, IN.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 8.67-acre lot at 2114 Lafayette Avenue, Terre Haute, IN 47805.; 1,273 sq ft existing structures (built 1941), currently multifamily use.; Versatile zoning allows for various commercial developments.
How can I contact the broker?
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2114 Lafayette Ave
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