516 Main StLafayette, IN 47901

Property Details for 516 Main St

Year built

1907

Construction

WOOD

Lot size

0.15 AC

Property size (Sq ft)

6,480 SF

Property type

Commercial real estate

APN

79-07-20-065-001.900-004

APU

790720065001900004

Description

This beautifully restored mixed-use commercial property at 516 Main Street in Lafayette, Indiana, offers a unique retail opportunity. The 201-square-foot single-tenant space is currently occupied, showcasing its ideal location in the heart of downtown Lafayette. The building's strategic position provides easy access to ample street parking, a vibrant array of restaurants, the farmers' market, and convenient public transportation via the Trolley line, offering seamless connectivity to the campus and beyond. The property's mixed-use nature includes leased second-floor apartments and office spaces, perfectly sized for individuals or small professional teams. This presents a compelling investment opportunity in a thriving downtown area. Located in Tippecanoe County (zip code 47901), this property is situated at the epicenter of activity, benefiting from high foot traffic and visibility. The property is classified as retail and land, offering a blend of commercial uses. The building consists of a single suite, making it an ideal space for a focused business. This is a chance to acquire a well-maintained, historically significant property in a rapidly growing area.

• Alternative Use

  Use

  Valuation

  Residential

  $2,383,647

  Hospitality

  $2,183,408

  Educational

  $1,816,570

  Medical

  $1,879,044

  Retail

  $2,825,775

Location Insight

City

Lafayette

County

Tippecanoe

State

Indiana

Latitude

40.4194

Longitude

-86.8914

CBSA code

29200

CBSA name

LAFAYETTE-WEST LAFAYETTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].