415 Columbia St - Columbia Center 6,911 - 14,482 SF Units Offered at £1,051,523 - £2,110,584 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 | £1,051,523 - £2,110,584 |
| 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 |
| Number of Floors | 3 |
| Typical Floor Size | 15,165 SF |
| Year Built | 1999 |
| Lot Size | 0.48 AC |
| Opportunity Zone |
Yes |
| Zoning | GB - General Business |
AMENITIES
- Air Conditioning
2 UNITS AVAILABLE
Unit 1200
| Unit Size | 6,911 SF |
| Price | £1,051,523 |
| Price Per SF | £152.15 |
| Unit 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 $1,395,000.
Unit 3200
| Unit Size | 14,482 SF |
| Price | £2,110,584 |
| Price Per SF | £145.74 |
| Unit Use | Light Industrial |
| 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 $1,995,000.
