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Investment Highlights

  • Central location
  • Thriving market with a diverse, booming economy
  • Great investment or owner-occupant opportunity

Executive Summary

Jim Pitoukkas of Shook Commercial Real Estate presents this opportunity to purchase a conveniently located and well maintained office/commercial building along well travelled Union Street in Lafayette, Indiana. The subject property currently serves as home to Edward Jones per a lease agreement expiring in September of 2027. The building features an attractive façade, ample parking for its size, and a very nice interior. The interior buildout is comprised of three private offices, a large conference room with kitchenette, three restrooms, and printer and receptionist areas. The flexible configuration can serve a variety of businesses. Building mechanical systems are less than 10 years old.
The subject property is located on the near-north side of Lafayette. The neighborhood offers a mix of commercial properties and residential properties, including historic homes, and modern amenities. Nearby businesses include Blueprint Specialties, Purdue Federal Credit Union, Mulhaupt’s, Norman and Miller Eyecare, and more. The building is centrally located to the community, near downtown Lafayette and all it offers, and Purdue University. The Franciscan Health central campus is also nearby. Approximately 6,200 vehicles per day travel by the property, the property enjoys excellent visibility.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
2,080 SF
Building Class
C
Year Built
1985
Price
$265,000
Price Per SF
$127.40
Tenancy
Single
Building Height
1 Story
Typical Floor Size
2,080 SF
Building FAR
0.37
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
NBU
Moderately walkable
60/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
79-07-21-335-002.000-004
Land Assessment
$0
Improvements Assessment
$169,600
Total Assessment
$169,600
  • Listing ID: 42117346

  • Date on Market: 9/10/2026

  • Last Updated:

  • Address: 1421 Union St, Lafayette, IN 47904

Contact the Sale Advisor

1421 Union St

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