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415 Columbia St - Columbia Center

6,911 - 14,482 SF Condo Units Offered at $1,500,000 - $2,800,000 Per Unit in Lafayette, IN 47901

Investment Highlights

  • Lafayette’s central business district.
  • Surrounded with new developments.

Executive Summary

Dustin Zufall and Jim Pitoukkas of Coldwell Banker Commercial Shook are proud to present the opportunity to purchase a condo interest, or lease, space within the prestigious class A office building, Columbia Center. Columbia Center is located along well-travelled Columbia Street, a western bound corridor leading to West Lafayette and the heart of Purdue University. The building is situated within a block of the Tippecanoe County Courthouse. Tenants benefit from its convenient location, great street prominence, and vibrant downtown business and residential communities. The building is served by an attached parking garage and ample street parking. Also, excellent signage opportunities await the next tenants and/or owners. There is available office space to lease on the first and third floors. Furthermore, a condo interest of the first and third floors is available for sale. The subject property is located in Lafayette’s central business district and just a mile from Pudue University. Lafayette’s Central Business District is booming with new development, many new and established retail and professional services businesses, and a growing number of year-round residents.

Property Facts

Price $1,500,000 - $2,800,000
Unit Size 6,911 - 14,482 SF
No. Units 2
Total Building Size 45,496 SF
Property Type Office
Property Subtype Office/Residential
Building Class A
Floors 3
Typical Floor Size 15,165 SF
Year Built 1999
Lot Size 0.48 AC
Opportunity Zone Yes

2 Units Available

Unit 1200

Unit Size 6,911 SF
Price $1,500,000
Price Per SF $217.05
Condo Use Office
Sale Type Investment or Owner User
Description

The subject property is being condominiumized into two commercial condos per floor. The west side of the first floor and entire second floor are owner occupied by longstanding, successful businesses. A condo interest of the east side of the first floor, with exterior signage rights, is available for sale.

Sale Notes

The condo consists of approximately 6,575 square feet and is being offered for sale for $1,500,000.

Unit 3200

Unit Size 14,482 SF
Price $2,800,000
Price Per SF $193.34
Condo Use Flex
Sale Type Investment or Owner User
Description

The west side condo on the third floor, Unit 3A, is currently leased to two tenants. The east side condo on the third floor, Unit 3B, is unoccupied. This is a great opportunity for a buyer to occupy or lease Unit 3B while collecting rent from the existing tenants in Unit 3A.

Sale Notes

Both third floor condos, which consist of approximately 14,595 square feet, are being offered for sale together for $2,600,000.

Walk Score ®
Very Walkable (87)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Amenities

  • Air Conditioning

zoning

Zoning Code GB (General Business)
GB (General Business)
  • Listing ID: 31094770

  • Date on Market: 3/1/2024

  • Last Updated:

  • Address: 415 Columbia St, Lafayette, IN 47901

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