+/- 12,000 of Commercial for Sale with Investment Opportunities

Retail-Commercial for Sale
Catylist Listing ID: 30866054
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant
Building Status: Proposed
Building Size (RSF): 11,967 SF
Gross Building Area: See Agent
Gross Land Area: 2.53 Acres
Sale Price: $4,900,000
Unit Price: $409.46 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Undisclosed, Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/17/2024

Overview / Comments

Introducing an exceptional commercial real estate opportunity at 3822 Ambassador Caffery Pkwy, Lafayette, LA. This prime property features a total building size of 11,967 square feet, situated on a generous 2.53-acre lot.

The building is strategically divided, with 3,300 square feet currently leased to the renowned establishment, The French Press. Enjoy the benefit of a reliable income stream as The French Press holds a lease with approximately 8 years remaining. This established tenant adds a stable and attractive element to this investment property.

The remaining 8,667 square feet of the building is currently utilized as an event venue, presenting a versatile space for various occasions and gatherings. The potential for customization and adaptation to different business concepts makes this property an ideal canvas for your entrepreneurial vision. Space features, multiple restrooms, kitchen, open area, office, and storage!

Whether you choose to work out a lease with The Truss Room (8,667 SF) or explore the possibilities as an end-user, this property provides a unique and lucrative investment opportunity. Don't miss the chance to be part of Lafayette's thriving commercial landscape. There is also possibilities to expand or add-on to the existing structure to create additional space. Contact us now to schedule a viewing and discover the endless possibilities that 3822 Ambassador Caffery Pkwy has to offer.

Attachments & Media

Additional Details

Nearest MSA: Lafayette
County: Lafayette
Submarket/Township: G2
Taxing Authority: Lafayette Parish
Tax ID/APN: 6001937
Zoning: CH
Retail Clientele: General, Family, Business, Recreation
Property Visibility: Excellent
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Renovated: 2021
Parking Type: Surface
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Package Unit
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,081 72,264 143,732
Median Age: 38.2 34.91 34.31
Households: 3,610 29,557 57,880

Contact

Photograph of Listing Agent

David A Gleason

The Gleason Group Lafayette, LA 70508
LACDB Member
Photograph of Listing Agent

Caitlyn B Williams

The Gleason Group Lafayette, LA 70508
LACDB Member
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