1220 N University Avenue, Lafayette, LA 70506
New Listing
$265,000
Property Type:
Comm Bldg Sale/Lease
Square Footage:
3,116
Lot Size (sq. ft.):
15,246
Status:
Active
Current Price:
$265,000
List Date:
8/22/2025
Last Modified:
8/22/2025
Description
This unique property offers both residential and business potential. The first is a 3-bedroom, 2-bath home with 1,434 sq. ft. of living space, previously used as a rental. It includes a spacious laundry room, inviting patio, and covered carport. The second structure operates as a used car lot and includes a 200 sq. ft. office, two garage bays—one equipped with a quality vehicle lift—and plenty of functional workspace. Located on high-traffic University Ave., with an estimated 29,000 vehicles passing daily, this property is perfect for an investor or business owner seeking visibility and flexibility. A rare opportunity with excellent potential!
Supplements: ********
More Information MLS# 2500002660
Listing Info
Status: Active
Listing Date: 2025-08-22
For Sale: Yes
For Lease: No
Listing Price: 265000
Current Price: $265,000
List Price/SqFt: 85.04
Date Available: 2025-09-05
Document Modified: 2025-08-22 11:09:47.483728
Modification Timestamp: 2025-08-22T16:18:35Z
Photo Modified: 2025-08-22T16:09:47Z
Location Tax Legal Info
Street Number: 1220
Dir: N
Street Name: University
St Suffix: Avenue
Parish: Lafayette
State: LA
Zip Code: 70506
Subdivision: Greenlawn
Area: D
Tax Assessment Number: 6013928
Zone: Commercial Heav
Directions: Head North on LA 182 (W University Ave), cross over Cameron Street to N University Ave. Go past W Willow Street and property is on the right on the corner of N University Ave and Windmill Lane.
General Property Description
Lot Dimensions: (88.7X133.7X75X86.3)
Acres: 0.35
SqFt - Office: 200
SqFt - Total: 3116
SqFt - Source: Approximate
# Offices: 1
Mineral Rights: Conveyed
Approximate Age: 41 - 50 Years
Condition: Average
Acreage Range: 0 - 0.5
Water Source
Water Company: city
Originating Details
Originating System ID: M00000300
Originating System Key: 20250819180636786077
Originating System Listing ID: 2500002660
Originating System Name: RAA Flex
Property Features
Property Type: Other
Location: Freestanding
Road Frontage: Paved; Public Street
Features: Employee Lounge; Living Space Available
Exterior: Door Sign; OH Door 10 - 15 Ft; Outside Storage; Partially Fenced; Pole Sign
Heating: Central
Cooling: Central Air; Window Units
Gas: individual Meter; On Property
Electricity: Other
Sewer: Public Sewer
Water Source: Public
Construction: Block; Brick; Concrete; Frame
Roof: Composition; Rubber; Tar/Gravel
Flooring: Concrete; Vinyl Tile; Wood; Other
Documents: Legal Description
Lot Description: Corner; Level
Parking: Concrete; Covered; On Site; Parking Lot; Rear Parking
Foundation: Pilings; Slab
Financing: 1031 Exchange; Cash; Conventional
Price Includes: Real Estate
Documents List: Flood Determination Disclosure
Documents
Flood Determination Disclosure ›Listing Office: EXP Realty, LLC
Last Updated: August - 22 - 2025
Broker Attribution:
337-522-7554
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.