RETAIL OR DISTRIBUTION - PLUS POSS BUSINESS CHANCE

Retail-Commercial for Sale
Catylist Listing ID: 30556407
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Tavern/Bar/Nightclub, Other
Building Size (RSF): 4,300 SF
Gross Land Area: 0.81 Acres
Sale Price: $350,000
Unit Price: $81.40 PSF
Ceiling: 8.5 ft.
Property Use Type: Business
Building Name: BUILDERS BEST TOOLS
Usable Size (USF): 4,300 SF
Sale Terms: Cash to Seller
Cap Rate: 6.9%
Last Updated: 4/9/2021

Overview / Comments

COMMERCIAL BUILDING WITH ACTIVE BUSINESS@7424 JOHNSTON INCLUDING A VACANT LOT @7420 JOHNSTON TOTAL LAND AREA IS .81 ACRES INCLUDING LOT, SUITABLE FOR RETAIL OR INDUSTRIAL ,LOCATED ON A DIVIDED HWY WITH J-TURN ACCESS-"BUILDERS BEST BUSINESS "AVAILABLE FOR PURCHASE ALONG WITH REAL ESTATE-SEE AGENT FOR MORE DETAILS AND TO SIGN CONFIDENTIALITY IF INTERESTED IN BUSINESS ALSO–WOODWORKING MACHINERY SALES BUSINESS AT ADDITIONAL COST-(SEE AGENT)RE PRICE AND INVENTORY)

THE REAR STORAGE LISTING( #30508098 )FRONTING 101 BOURQUE RD(NOW 103 BOURQUE RD IS -(NOW SOLD $ 650,000)EFF 4-9-2021–(SEE 101 BOURQUE RD SOLD LISTING) THEREFORE BY REMOVING THE SOLD STORAGE FACILITY FROM THIS LISTING PRICE HAS CHANGED TO $ 350,000

HARD CORNER SHOWN AS PARCEL "A" IS ALSO AVAILABLE $ 229,000 FOR 6/10THS ACRE SEPARATELY LISTED AS # 30463585 FOR DIFFERENT SELLERS(KNOWN AS 7400 JOHNSTON FOR MLS/LACDB PURPOSES BUT CHANGING TO 101 BOURQUE RD(NEW ADDRESS PER PLANNING

Additional Details

Nearest MSA: Lafayette
County: Lafayette
Submarket/Township: K
Taxing Authority: LAFAYETTE PARISH ASSESSOR
Tax ID/APN: 6086349
Zoning: UNZ -LAF PAR LAND USE ORD
Retail Clientele: General, Family, Business, Traveler, Tourist, Other
Property Located Between: MAURICE & LAFAYETTE ON WEST SIDE OF HWY 167
Property Visibility: Excellent
Largest Nearby Street: JOHNSTON
Feet of Frontage: 255
Traffic/Vehicle Count: 18,420
Highway Access: FRONTS JOHNSTON 1.5 MILES SOUTH OF W BROUSSARD & 1/2 MILE NORTH OF LEBLANC RD
Airports: LAF REGIONAL IS ABOUT 25 MINS AWAY
Site Description: LARGE CORNER LOT WITH EXISTING RETAIL BLDG -RETAIL BLDG PARKING AREA IS EXPANDED IN ADDITION TO EXISTING 10 SPACE CONCRETED PARKING LOT-(PLUS 6/10 ACRE HARD CORNER IS SEPARATELY LISTED -SEE 7400 JOHNSTON-VACANT LAND LISTING
Area Description: SUBURBAN AREA BETWEEN LAFAYETTE AND MAURICE FOR RETAIL USER AND INVESTOR*** COMBO***FOR SELF- STORAGE INVESTOR OR MINI-STORAGE OR REDEVELOPMENT AS FLEA MARKET
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1996
Year Renovated: 2012
Roof Type: Gable
Construction/Siding: Metal Siding
Exterior Description: METAL BUILDING OF 3600 DG PLUD 700 SF STORAGE OR RECEIVING AREA
Total Parking Spaces: 35
Parking Ratio: 122 (per 1000 SF)
Parking Type: Surface
Parking Description: 10 CONCRETE PLUS AMPLE EXTRA LAND CONTIGUOUS TO
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Evaporative Cooler
Internet Access: Cable
Interior Description: OPEN RETAIL AREA WITH 3 SEPARATE OFFICES--& SIDE INVENTORY RECEIVING AREA OF 700 SF--CURRENTLY BUILDERS MACHINERY SALES IE TABLE SAWS
Zoning Description: UNZONED
Lot Frontage: 276 & ADJOINING LOT SEPARATE OWNER
Lot Depth: 350
Water Service: Municipal, Well
Sewer Type: Septic
Easements: Utilities
Easements Description: TYPICAL UTILITY
Land Ownership: FEE SIMPLE
Legal Description: 2.97 ACRES BEING LOT 1-A,& UNPLATTED .53 ACRES BOTH FRONTING 276 FEET TOTAL ON JOHNSTON (INCLUDES 7420 JOHNSTON) AND REMAINING 2.1 ACRE STORAGE SITE CONTIGUOUS,FRONTING 198.3FT ON BOURQUE RD & IN SEC 37,T10S,R3E LAF PAR,LA.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,978 20,802 72,087
Median Age: 35.02 34.26 35.24
Households: 1,058 7,728 28,793

Contact

Photograph of Listing Agent

Charlie Gardiner

Keller Williams Realty Acadiana Lafayette, LA 70508
LACDB Member
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