Jim Pitoukkas and Dustin Zufall of Coldwell Banker Shook proudly present this tremendous redevelopment opportunity in thriving Downtown Lafayette . The site offers the opportunity to redevelop a former retail building in an area surrounded by successful redevelopment projects including Nova Tower and the 4 Th Street Townhomes. Furthermore, the City is in the process of converting S. 4 th 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!
Property Type | Multi-Family |
---|---|
Year Built | 1950 |
Zoning | CB |
Listing ID | PESKPV |
MLS ID | S1451 |
Style | Other Style |
Lot Size | 0.19 AC |
Property Highlights
High visibility site Opportunity Zone Across the street from new luxury townhomes Next door to a new luxury apartment community
Area DescriptionArea Description: The subject property is located in d owntown Lafayette just moments from Purdue University . The area is vibrant and bustling with restaurants, bars, a beautifully restored historic Main Street which is home to many outdoor festivals and businesses , and many desirable housing options . Surrounding the subject property, one will find h ousing rental rates and occupancy rates amongst the highest in the MSA . P rominent and successful recent developments in downtown Lafayette include Nova Tower, The Press Apartments, Luna Apartments, Pullman Station, Ellsworth, and more .