$395,000 SALE
Office Bldg
5,075 SF
911 N 18th Street
Lafayette, IN 47904

Located at the northeast corner of Salem Street and 18th Street, this beautiful 2 story building sits on a highly visible lot. The 1st floor suite features 5 private offices, an open office with waiting area, 2 half bathrooms and 11 ft ceilings. The second floor is currently set up as an apartment, with 4 bedrooms, 1 full bathroom and 2 stairways leading to building exits. The first floor is leased at $1500/month until 9/30/23. Upon closing of this property, the current owners have agreed to pay an additional $1000/month to the new owners through the remainder of the lease through 9/2023. Second floor is currently vacant and could suit an additional office user with four private offices (bedrooms), one full bathroom, and a full kitchen (break area). This property is currently in the process of a rezone from NB to NBU. This would allow residential (multi-family) use on the second floor. 911 N 18TH STREET CAN NOW BE PURCHASED ALONG WITH A NEIGHBORING DUPLEX, 1824 SALEM STREET. THE PRICE OF THE DUPLEX IS $145,000, AND CURRENT MO. TO MO. RENTS ARE $525 PER UNIT.

Property Type Office Bldg
Year Built 1890
Renovated Year 1985
Level Number 2
Zoning NB
Style Office Bldg -General
Building Size 5,075 SF
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