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415 Columbia St - Columbia Center

6,911 - 14,482 SF Units Offered at £1,185,015 - £2,212,028 Per Unit in Lafayette, IN 47901

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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	£1,185,015 - £2,212,028	Building Class	A
Unit Size	6,911 - 14,482 SF	Number of Floors	3
No. Units	2	Typical Floor Size	15,165 SF
Total Building Size	45,496 SF	Year Built	1999
Property Type	Office	Lot Size	0.48 AC
Property Subtype	Office/Residential	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Price	£1,185,015 - £2,212,028
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 State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

2 Units Available

Unit 1200

Unit Size	6,911 SF	Unit Use	Office
Price	£1,185,015	Sale Type	Investment or Owner User
Price Per SF	£171.47

Unit Size	6,911 SF
Price	£1,185,015
Price Per SF	£171.47
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 $1,500,000.

415 Columbia St- Flyer (2)

Unit 3200

Unit Size	14,482 SF	Unit Use	Light Industrial
Price	£2,212,028	Sale Type	Investment or Owner User
Price Per SF	£152.74

Unit Size	14,482 SF
Price	£2,212,028
Price Per SF	£152.74
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.