1803 1809 W University Avenue, Lafayette, LA 70506 (MLS# 24009112)

1803 1809 W University Avenue, Lafayette, LA 70506

$550,000
Property Type: Comm Bldg Sale/Lease Baths: 1 Square Footage: 2,654 Lot Size (sq. ft.): 18,731 Status: Pending
Current Price: $550,000 List Date: 3/28/2025 Last Modified: 7/01/2025

Description

INVESTOR SPECIAL! Look at these two buildings and two lots (totaling 0.433 acres), and the CM1 zoning potential. Renovate the existing building for a retail location(s), and don't forget about the additional rental income with the house next door. Or clear the property and Build to Suit. This location is an extremely busy intersection (average traffic is over 23,000 cars passing daily) and please note that University is a major corridor to Lafayette.

Supplements: ********

More Information MLS# 24009112

Listing Info

Status: Pending Listing Date: 2024-09-27 For Sale: Yes For Lease: No Listing Price: 550000 Current Price: $550,000 List Price/SqFt: 207.23 Date Available: 2024-09-28

Location Tax Legal Info

Street Number: 1803 1809 Dir: W Street Name: University St Suffix: Avenue Parish: Lafayette State: LA Zip Code: 70506 Subdivision: West End Hgts Area: G3 Tax Assessment Number: 6042232 & 6037629 Zone: Commercial CM1 Directions: From I-10 take the University Avenue Exit, continue straight passing Willow St, continue straight passing Madeline Avenue, continue straight passing Cameron Street, the property will be approximately 3 blocks straight ahead on the left. The property is 2 lots on the corner of West University Avenue and Agnes Street.

General Property Description

Lot Dimensions: (101x125) and (50x125) Acres: 0.43 SqFt - Retail: 2654 SqFt - Living: 2654 SqFt - Source: Approximate Stories: 1 Elevator: No # Offices: 1 Total Baths: 1 Mineral Rights: Conveyed # Parking Spaces: 9 Current Use: Flower Shop Acreage Range: 0 - 0.5

Status Change Info

Under Contract Date: 2025-07-01

Sewer

Sewer Company: LUS

Water Source

Water Company: LUS

Property Features

Property Type: Professional/Office; Retail; Shopping Center Location: Freestanding; Shopping Mall Road Frontage: Paved; Public Street; Other Features: Living Space Available; Window Display Exterior: Partially Fenced; Pole Sign; Roof Sign Heating: Central Cooling: Central Air Gas: Available; On Property Electricity: 3 Phase Sewer: Public Sewer Water Source: Public Construction: Brick; Frame Roof: Metal Flooring: Concrete Lot Description: Corner; Level; Other Parking: Concrete; Parking Lot Foundation: Slab Financing: Cash; Conventional; See Remarks Price Includes: Real Estate Security Features: Smoke Alarm Documents List: Flood Determination Disclosure
Listing Office: Weiser Realty & Property Managment, LLC
Last Updated: July - 01 - 2025
1803 1809 W University Avenue, Lafayette, LA 70506- MLS# 24009112
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