Attractive mixed use building for sale in downtown Lafayette.
Address: 707 Main St, Lafayette, IN
3 Floors: first floor 3250 SF, leased retail; second floor 1700 SF, leased apartment; third floor 1700 SF, possible apartment or office suite
Lot: 4138 SF, .095 acre; Above Ground: 6650 SF
List Price: 299,000
This mixed use building is for sale in downtown Lafayette, IN. The 3250 SF first floor has a leased beautiful storefront showroom with 7 offices, kitchen, meeting area, loft room, 2 bathrooms and storage. The 1700 SF second floor leased apartment has all kitchen appliances, full-size washer and gorgeous views. The 3rd floor is of similar size and could be a possible second apartment or office suite. The basement has 800 usable square feet with a work bench and storage space.
Property Taxes 6048
Management Fee 1512
Gross Income 25,320
Net Income $13,812