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110 S 16th Street Lafayette, IN $ 349,900
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$ 349,900 Get more info
110 S 16th Street
$ 349,900
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110 S 16th Street

Lafayette, IN, 47905
$ 349,900
Bedrooms-- Baths3.0 Sq 4,298

Monthly Estimate*

$ 2,183

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Commercial Property for sale in Lafayette, IN

for $349,900 with 3 full baths. This 4,298 square foot building was built in 1960 on a lot size of 0.015.

Live, work, and invest-all in the same property! The possibilities are endless with this rare opportunity to own a well-established lawn mower repair shop along with 2 rental units. Use your business savvy to bring out the full potential in this property. Unit 1 is a 1 bedroom efficiency,that has rented for $600 monthly. Unit 2 is a 3 bedroom, 1 bathroom space with washer/dryer hookups that has rented for $1500. With some renovations, those rents could increase. Seller is willing to train new owner to run the mower shop or it can be cleared out so you can reimagine a new possibility. Tenants can walk Downtown or catch a quick bus to Purdue. Acquire this property individually, or package it with the adjacent duplex at 1602 Grove--don't miss your chance to shape a corner of this developing area and maximize your investment potential.

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Commercial Active

Price

$ 349,900

Full Bath

3

Property Type

Commercial

Taxes

$ 7,122

Style

Mixed Use

Lot Size

0.015

Year Built

1960

Town/City

Lafayette

County/Region

Tippecanoe

MLS | Web ID

202540081
Features
General
Heating Gas Forced Air
Cooling Central Air Wall AC
Ceiling Height 10
Roof Rubber Shingle
Parking Yes Paved Public
Sewer City
# of Buildings 2
Status Active Active
Bathrooms 3
Year Built 1960
New Construction No
Subdivision None
Stories Count 2
Township Fairfield
Class COMMERCIAL
Present Use Bus. Included w/Property Investment Property Vacant-Best for Owner/Usr
Type Mixed Use
Age 65
Business Name Tyrie Mower Repair
Special Features Living Space Overhead Door 1 Basement Delivery Door Office Space Reception Area Ventilating/Exhaust Fans
REO No
Status Detail 0
Area Tippecanoe County
Location City
City Lafayette
Legal Description OAKLAND ADDN LOT 66
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202540081
Agent First Name Jessica
Agent Last Name Collaco
DOM 67
Tax Year 24 pay 25
Restrictions None Other See Remarks
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Exterior
Road Access City
Exterior Vinyl Wood
Driveway Concrete
Lot Size Area 653
Lot Dimensions 50 x 132
Parking Type garage
Fence None
Water Features None
Waterfront Y/N No
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Interior
Flooring Concrete Wood
Basement/Foundation Partial Basement
Walls Drywall Other
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* Excluded Features
List By
Jessica Collaco

Listing Agent

Keller Williams Lafayette

Broker

jcollaco@kw.com

Email

Affordability Calculator

$2,776
Per Month
79%
21%
0%
Monthly Principal & Interest
$2,183
Monthly Property Taxes
$594
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1237469 Elementary School
1237627 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/3/2025$349,900 Listed Price

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110 S 16th Street, Lafayette, IN, 47905 is a Commercial Property for sale at $349,900 with 4,298 sqft and a lot size of 0.015. 110 S 16th Street has 3.0 baths and was built in 1960. The property's zip code is 47905 which is in Lafayette, IN

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