Oil Center Office Building for Sale
Office
for Sale
Also listed as Business Opportunity
| Catylist Listing ID: |
30807869 |
| Property Subtypes: |
Office Building, Other
|
| Building Size (RSF): |
16,906 SF
|
| Sale Price: |
$2,050,000 |
| Unit Price: |
$121.26 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Class of Space: |
Class B |
| Sale Terms: |
Cash to Seller, Other |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/8/2024 |
Overview / Comments
Purchase opportunity for the first time in 30 years. Convenient to the rapidly expanding Ochsner Lafayette General, University of Louisiana at Lafayette, Downtown and Hwy 90. Surrounded by many restaurants, retail and medical/professional offices.
Highly visible 16,906 SF office building located in the heart of the Oil Center, on the corner of Heymann Blvd and Travis Street. Property features mid-century modern architecture with multiple entrances, allowing various businesses to operate with complete privacy under one roof. Situated in Flood Zone X.
Building is owner-occupied with leases in place on unused portion, giving new owner flexibility on occupying as much space as needed and/or retaining current leases for investment. Possibility for the current owner to stay in and lease back for +/-12 months until relocation.
|
Additional Details
| Nearest MSA: |
Lafayette |
| County: |
Lafayette |
| Submarket/Township: |
G2 |
| Tax ID/APN: |
6084987 |
| Zoning: |
CM-1 (COMMERCIAL MIXED 1) |
| Property Visibility: |
Excellent |
| Highway Access: |
Hwy 90 |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Parking Type: |
Surface |
| Parking Description: |
Common parking; first come, first serve |
| Total Parking Spaces: |
30 |
| Heat Type: |
Electricity |
| Heat Source: |
Central |
| Air Conditioning: |
Engineered System |
| Internet Access: |
Cable |
| Zoning Description: |
CM-1 (COMMERCIAL MIXED 1)
|
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
PAR OF GRO (201.88X142.40X105X
65.05X114.45) AT INTERSECTION OF
HEYMANN BLVD & TRAVIS ST
SEC 44 T10S R4E |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
11,183 |
76,003 |
146,613 |
| Median Age: |
30.85 |
34.68 |
34.74 |
| Households: |
4,040 |
31,591 |
59,408 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Louisiana Commercial Database, LLC nor
Moody's assume any liability for errors or omissions.
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