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208 S 4th St

11,000 SF 100% Leased Retail Building Lafayette, IN 47901 £273,858 (£25/SF)

Investment Highlights

  • High Visibility
  • Across the street from luxury townhomes
  • Opportunity Zone
  • Next door to a new luxury apartment community

Executive Summary

Multi-family, Land or Special Purposed (Mixed Use) Property. Jim Pitoukkas and Dustin Zufall of Coldwell Banker Commercial Shook proudly present this opportunity to redevelop a former retail building in an area surrounded by successful redevelopment projects including Nova Tower and the 4th Street Townhomes. Furthermore, the City is in the process of converting S. 4th Street from one way, in front of the subject property, to 2-way. This should greatly improve traffic flow and visibility. Re-use the existing shell, or raze and build ground up, your options are limitless.

Financial Summary (Actual - 2022) Click Here to Access

Annual Annual Per SF
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99

Financial Summary (Actual - 2022) Click Here to Access

Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Shell & Core
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
11,000 SF
Building Class
C
Year Built/Renovated
1932/2016
Price
£273,858
Price Per SF
£25
Percent Leased
100%
Tenancy
Multiple
Number of Floors
3
Building FAR
1.33
Lot Size
0.19 AC
Opportunity Zone
Yes
Zoning
CB - Central Business offers flexible zoning. Allowing both commercial and residential development.
Parking
1.16 Spaces per 1,000 SF Leased
Frontage
60 ft on 4th
Walk Score ®
Very Walkable (81)
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.®

Nearby Major Retailers

Anytime Fitness
Fifth Third Bank
Horizon Bank
Regions Bank
Centier Bank
Old National Bank
1st Source Bank
Kokoro
First Merchants Bank
Starbucks

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
79-07-29-203-007.000-004
Land Assessment
£0
Improvements Assessment
£89,356
Total Assessment
£89,356
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2022
  • Listing ID: 28910235

  • Date on Market: 03/07/2023

  • Last Updated:

  • Address: 208 S 4th St, Lafayette, IN 47901

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