110 S 16th Street, Lafayette, IN 47905

Property Description

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.

Listing Status:

Active

Date Added:

October 3, 2025 at 05:00AM

Listing Office:

Keller Williams Lafayette : 765-807-7177

Listing Agent:

Jessica Collaco : 818-648-7130

MLS ID:

202540081

Interior

• Basement: Partial Basement
• Flooring: ConcreteWood
• A/C: Central AirWall AC
• Heating: Forced AirGas

Exterior

• General: VinylWoodLiving SpaceOverhead Door 1BasementDelivery DoorOffice SpaceReception AreaVentilating/Exhaust Fans
• Parking: PublicPaved

Construction

• Roofing: RubberShingle

Lot

• Driveway: Concrete
• Zoning: OAKLAND ADDN LOT 6679-07-28-129-008.000-004
• Fencing: None
• Restrictions: NoneOther See Remarks

This listing courtesy of Jessica Collaco, Keller Williams Lafayette