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2212 Yeager Rd
West Lafayette, IN 47906
West Lafayette Masonic Lodge · Specialty Property For Sale · 12,267 SF

Investment Highlights

  • Close to Purdue Campus and Sports Venues
  • Zoned for multi-family
  • Walking distance to West Lafayette Shopping

Property Facts

Property Type Specialty
Property Subtype
Lodge/Meeting Hall
  • Specialty Religious Facility
Building Class B
Lot Size 1.80 AC
Building Size 12,267 SF
No. Stories 2
Year Built 1956
Parking Ratio 10/1,000 SF
Zoning R-3W - Multi-family

Amenities

  • Bus Line

About 2212 YEAGER RD , WEST LAFAYETTE, IN 47906

A West Lafayette icon since the 1950’s the Masonic Lodge presents a buyer with a unique opportunity to become part of Tippecanoe County and Purdue University history. Located approximately 1 mile from Purdue campus and sporting arenas, and a short walk to shopping and Purdue golf courses the Masonic Lodge is centrally located and provides easy access to all that Purdue and West Lafayette offer. Present zoning of the property is R-3W and is excluded from the temporary multi-family housing ban imposed by West Lafayette. The existing, limestone sided, building could be converted into apartments or condos with the parking area turned into greenspace or even additional apartment buildings. A simple rezoning request could convert the building into an entertainment venue with meeting space and dining with minimal effort and ample parking. A complete teardown of the building would allow a buyer to have a 1.8 acre footprint to build on excluding setbacks and easements. All existing utilities (heating, cooling, and water) are fully functional and in good operating condition. Due to a small leak the roof was torn off and replaced less than 3 years ago. All water damage, except for one small section of drop ceiling in the foyer, was repaired or replaced. The parking area was slightly damaged by construction trucks used to build the round-a-bout in front of the building but it is still a solid surface and could easily be blacktopped. Presently the lot is divided into 189 individual parking spaces.

Property Taxes

Property Taxes

Parcel Number
79-07-07-302-009.000-026
Land Assessment
$484,300
Improvements Assessment
$264,900
Total Assessment
$749,200
  • Listing ID: 18693075

  • Date on Market: 2/29/2020

  • Last Updated:

  • Address: 2212 Yeager Rd, West Lafayette, IN 47906

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