The property offering consists of a surface parking lot of approximately 0.364 acres zoned Central Business in downtown Lafayette, IN in Tippecanoe County. The offering is a fantastic redevelopment opportunity! It is located within an Opportunity Zone in an area which continues to rapidly re-develop with significant new investment entering the market. The intent of the Central Business zone is to provide core business areas in the central parts of the City of Lafayette for retailing, services, government and professional offices, cultural, recreational and entertainment establishments, housing, commercial lodging, and transportation facilities. Maximum coverage of 100% is permitted by right, and building height is capped at 100’ (subject to some exceptions). The subject property is located in an area which is bustling with new housing, restaurants, and businesses alike. The Wall Street Journal and Realtor.com recently named Tippecanoe County America’s #1 Emerging Housing Market. The lot is located one block from historic Main Street, and the many businesses and occupants which line it. The site is also a pleasant stroll across the pedestrian bridge (over the Wabash River) into West Lafayette, the home of Purdue University. Many other successful redevelopment projects are within blocks of the subject property.
|Property Type||Redevelopment Land|
|Lot Size||0.36 AC|