1.36 Acres of Prime Commercial Real Estate for Sale

Retail-Commercial for Sale
Catylist Listing ID: 30815768
Building Size (RSF): 8,470 SF
Gross Building Area: See Agent
Gross Land Area: 1.36 Acres
Sale Price: $970,000
Unit Price: $114.52 PSF
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/9/2024

Overview / Comments

1.36 Acres of Prime Commercial Real Estate at one of the highest profile intersections in Lafayette. There is an existing ground lease on the property earning $800 per month. Lease expires in 2029.

Additional Details

Nearest MSA: Lafayette
County: Lafayette
Submarket/Township: G2
Tax ID/APN: 6035063
Retail Clientele: General, Business
Property Visibility: Excellent
Largest Nearby Street: Johnston St. and Camellia Blvd
Tenancy: Single Tenant
Construction/Siding: Brick
Parking Type: Surface
Sprinklers: None
Internet Access: Cable, Fiber Optic
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities, Other
Legal Description: LOT 1 SEC 60 T10S R4E (1.361 AC) (81.50X384.21X191.50X254.68X110X130)

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,952 85,681 152,309
Median Age: 34.66 34.25 34.37
Households: 6,016 35,838 61,196


Photograph of Listing Agent

Rex Moroux

Scout Real Estate Co. Lafayette, LA 70501
LACDB Member
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