401 & 403 Eighth Street, Lafayette, LA 70501 (MLS# 24000803)

401 & 403 Eighth Street, Lafayette, LA 70501

$475,000
Property Type: Comm Bldg Sale/Lease Baths: 1 Square Footage: 3,700 Lot Size (sq. ft.): 12,632 Status: Active
Current Price: $475,000 List Date: 1/28/2024 Last Modified: 6/19/2025

Description

Incredible Commercial Business and Property Opportunity! Welcome to Mr. Muffler! This automotive business has been operating successfully since 1983. They specialize in mufflers and tires and is ready for its new owner. With Mr. Muffler's reputation, a great location, and valuable equipment, this property is a gem. Main Building: 70' x 30' (2100 SF) with 5 spacious bay doors for versatile use. The office space (200SF) includes a bathroom and is perfect for managing operations efficiently and a 100SF storage room. Separate White Building: 40' x 40' (1600SF) already rented, generating $1000/month. Half is office space and half is warehouse. Valuable Equipment: Included in the sale are assets valued at $42,000, such as car lifts, tire machines, compressors, welding equipment, and more.

Supplements: ********

More Information MLS# 24000803

Listing Info

Status: Active Listing Date: 2024-01-27 For Sale: Yes For Lease: No Listing Price: 475000 Current Price: $475,000 List Price/SqFt: 128.38 Date Available: 2024-01-27

Location Tax Legal Info

Street Number: 401 & 403 Street Name: Eighth St Suffix: Street Parish: Lafayette State: LA Zip Code: 70501 Subdivision: Mccomb Addition Area: G3 Tax Assessment Number: 6149916 Zone: CH (Com Heavy) Directions: From the Airport take Highway 90 North towards i-10. After Johnston Street it will be at the corner of the first street (Eighth Street) on the right.

General Property Description

Lot Dimensions: 190 X 63 X 190 X 73 Acres: 0.29 SqFt - Office: 1100 SqFt - Warehouse: 2600 SqFt - Living: 3700 SqFt - Source: Owner Stories: 2 Elevator: No # Offices: 1 Total Baths: 1 # Overhead Doors: 6 Eave Height (Ft): 18 Ceiling Height (Ft): 20 Mineral Rights: Conveyed # Parking Spaces: 16 Current Use: Muffler & tire Acreage Range: 0 - 0.5

Water Source

Water Company: LUS

Property Features

Property Type: Business Opportunity; Industrial Location: Downtown; Freestanding; Historic Area; Urban Road Frontage: Curb & Gutter; Paved; Public Street Features: Storage Above Offices Exterior: OH Door 16 - 20 Ft; Partially Fenced; Pole Sign Heating: Wall Unit(s) Cooling: Window Units Gas: None Electricity: 110 Volts; 220 Volts; Circuit Breaker Sewer: Public Sewer Water Source: Public Construction: Frame; Metal Siding Roof: Metal Flooring: Concrete; Vinyl Sheet Documents: Leases; Profit & Loss Lot Description: Additional Land Avail; Level Parking: Concrete; Limestone/Shell; On Site; Parking Garage; Parking Lot; Varies by Unit Foundation: Slab Financing: Cash; Conventional Price Includes: Furn/Fixtures/Equip; Real Estate Security Features: Security System
Listing Office: Keaty Real Estate Team
Last Updated: June - 19 - 2025
401 & 403 Eighth Street, Lafayette, LA 70501- MLS# 24000803
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