1801 Main StLafayette, IN 47904

Property Details for 1801 Main St

Year built

1972

Construction

WOOD

Lot size

0.10 AC

Property size (Sq ft)

2,610 SF

Property type

Office properties

APN

79-07-28-208-005.000-004

APU

790728208005000004

Description

This exceptional 1,305-square-foot commercial office space at 1801 Main Street, Suite B, in Tippecanoe County, offers a single-tenant occupancy and is perfectly suited for a variety of businesses. The suite boasts a thoughtfully designed layout including four private offices, providing ample space for individual work and fostering a productive environment. A spacious conference room is ideal for meetings and presentations, while a welcoming waiting area ensures clients feel comfortable. The inclusion of a breakroom with kitchenette adds convenience for employees. Exterior signage opportunities enhance visibility and accessibility is further improved by five dedicated off-street parking spaces, conveniently located off the rear parking lot with direct street-level access. The property's high visibility ensures easy access for clients and employees alike. Storage space is also included within the suite. This move-in ready office space presents a fantastic opportunity to establish or expand your business in a prime location. The modern design and convenient amenities make this an attractive option for businesses seeking a functional and professional workspace. The property is categorized as both office and land, offering potential for future expansion or development. Don't miss this chance to secure this exceptional commercial property.

• CAP approach

  CAP return

  Valuation

  6%

  $950,617

  6.5%

  $877,492

  7%

  $814,814

• Comparable approach

  Method

  Valuation

  Relative Method

  $339,952

  Geo Method

  $339,952

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,771,300

  Retail / Commercial

  $899,754

  Mixed-Use / Specialty

  $889,803

  Hospitality / Lodging

  $644,040

  Institutional / Educational

  $922,626

  Residential Income

  $1,079,470

  Multifamily

  $1,332,050

  Automotive / Energy

  $790,822

  Parking / Income-Based Land

  $279,566

  Restaurant / Food Service

  $448,401

  Healthcare / Senior Housing

  $919,392

Location Insight

City

Lafayette

County

Tippecanoe

State

Indiana

Latitude

40.4151

Longitude

-86.8765

CBSA code

29200

CBSA name

LAFAYETTE-WEST LAFAYETTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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