2114 Lafayette AveTerre Haute, IN 47805

Property Details for 2114 Lafayette Ave

Year built

1941

Lot size

8.67 AC

Property size (Sq ft)

1,273 SF

Property type

Land

Property subtype

Industrial properties

Description

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.

Location Insight

City

Terre Haute

County

Vigo

State

Indiana

Latitude

39.509

Longitude

-87.3857

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