110 S 16th Street, Lafayette, IN 47905 (MLS # 202540081)
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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.
| DAYS ON MARKET | 0 | LAST UPDATED | 10/3/2025 |
|---|---|---|---|
| TRACT | None | YEAR BUILT | 1960 |
| COUNTY | Tippecanoe | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Water Heater |
| BASEMENT | Partial, Yes |
| CONSTRUCTION | Vinyl Siding, Wood Siding |
| HEAT | Forced Air, Natural Gas |
| LOT | 653 sq ft |
| LOT DESCRIPTION | Corner Lot |
| LOT DIMENSIONS | 50 x 132 |
| PARKING | Paved |
| SEWER | Public Sewer |
| STORIES | 2 |
| SUBDIVISION | None |
| TAXES | 7122.85 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
0
P
I
*Estimate only
Listed with Jessica Collaco, Keller Williams Lafayette, Agt: 818-648-7130
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Copyright© 2025 IRMLS. All rights reserved.
Last Updated On: 10/3/25 1:46 PM PDT
Walk Score provided by walkscore.com
Copyright© 2025 IRMLS. All rights reserved.
Last Updated On: 10/3/25 1:46 PM PDT
Walk Score provided by walkscore.com
This IDX solution is (c) Diverse Solutions 2025.
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