622 Main St

Lafayette, county seat of Tippecanoe County, has enjoyed robust growth over the last several years. Large industry and Purdue University offer excellent employment and higher education opportunities. The downtown submarket has enjoyed an impressive resurgence over the past couple decades. Hundreds of millions of dollars have been placed into recent ground up and redevelopment projects in the area and continue to be invested into downtown. Street festivals, art galleries, live music events, and excellent dining choices make downtown Lafayette a compelling option to live and work. The property is located within the Riverfront District, making liquor licenses more easily attained. Lodging and many shopping and dining options are available within blocks, and Purdue University is but a short walk away. Less than 100’ to the west of the subject property, the City of Lafayette has started a $19,000,000 restoration project of the historic Lafayette Theater located at 600 Main Street. Once completed (estimated late 2027), the marquee project is sure to drive even more visitors to the dining and shopping destination that is Main Street.Jim Pitoukkas of Shook Commercial Real Estate presents this opportunity to purchase this exciting redevelopment opportunity along Main Street in downtown Lafayette, IN. The property was most recently owner occupied by the seller’s brewery and restaurant, Lafayette Brewing Company, where it successfully operated for several decades as one of the area’s first breweries. The basement is unfinished but can be used for storage as-is. Floors 1 thru 3 are approximately 7000 square feet each. The first floor housed the previous brewery and restaurant operation, while the second floor was utilized for banquets and private events. Lovely high ceilings, wood floors and posts, and large windows made the second floor a desirable space to gather. The third floor, like the rest of the building, has large windows, high ceilings, original beams and hardwood. The structure is fully sprinkled, features a freight elevator, a recently coated roof, and mechanical systems in working. The building is ready for the next restaurant or hospitality venture or to serve as the canvas for an exciting redevelopment along one of Indiana’s most charming and carefully restored streetscapes.