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415 Columbia St - Columbia Center 6,911 - 14,482 SF Office Condo Units Offered at $1,947,308 - $2,784,860 CAD Per Unit in Lafayette, IN 47901
INVESTMENT HIGHLIGHTS
- Lafayette’s central business district
- Class A office building below replacement cost
- Surrounded with new developments
- Structured parking owned by the City is attached to the building and available for rent
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
| Total Building Size | 45,496 SF | Typical Floor Size | 15,165 SF |
| Property Type | Office | Year Built | 1999 |
| Building Class | A | Lot Size | 0.48 AC |
| Floors | 3 | Opportunity Zone |
Yes
|
| Zoning | PD - Planned Development | ||
| Total Building Size | 45,496 SF |
| Property Type | Office |
| Building Class | A |
| Floors | 3 |
| Typical Floor Size | 15,165 SF |
| Year Built | 1999 |
| Lot Size | 0.48 AC |
| Opportunity Zone |
Yes |
| Zoning | PD - Planned Development |
AMENITIES
- Air Conditioning
2 UNITS AVAILABLE
Unit 1200
| Unit Size | 6,911 SF | Condo Use | Office |
| Price | $1,947,308 CAD | Sale Type | Investment or Owner User |
| Price Per SF | $281.77 CAD |
| Unit Size | 6,911 SF |
| Price | $1,947,308 CAD |
| Price Per SF | $281.77 CAD |
| Condo 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 | Condo Use | Office |
| Price | $2,784,860 CAD | Sale Type | Investment or Owner User |
| Price Per SF | $192.30 CAD |
| Unit Size | 14,482 SF |
| Price | $2,784,860 CAD |
| Price Per SF | $192.30 CAD |
| Condo Use | Office |
| 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.
Presented by
415 Columbia St - Columbia Center
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