3525 University Avenue

Expired Retail-Commercial for Sale
Catylist Listing ID: 29884657
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Service Station/Gas Station, Other
Building Size (RSF): 10,411 SF
Gross Building Area: See Agent
Sale Price: $1,500,000
Unit Price: $144.08 PSF
Property Use Type: Investment, Business
Building Name: Lee's Hardware
Sale Terms: Cash to Seller, Other
Cap Rate: Undisclosed
Last Updated: 9/22/2017

Overview / Comments

This is a diamond in the rough!! Sellers are retiring and the business they have built for 40+ years is for sale! Location is the corner area of Gloria Switch and University Ave. with future growth in the next 5 years to “knock your socks off”. Known as Lee’s Hardware & Groceries, this site offers food, refreshments, beer, liquor, Gas & Diesel, butane, hardware & plumbing products, kitchen items, etc., just for starters. The slow economy has NOT affected this business. MAKE AN APPOINTMENT TO SEE THIS UNIQUE OPPORTUNITY AND BE PREPARED TO MAKE MONEY!

Attachments & Media

Additional Details

Nearest MSA: Lafayette
County: Lafayette
Submarket/Township: C
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: Lafayette & Carencro
Property Visibility: Excellent
Largest Nearby Street: University Ave.

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,377 28,437 74,778
Median Age: 41.16 33.72 34.02
Households: 561 10,741 28,103

Contact

Photograph of Listing Agent

Sue L Dupont

Coldwell Banker Pelican - Lafayette Lafayette, LA 70503
LACDB Member
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