401 N College Road, Lafayette, LA 70506 (MLS# 2600000213)

401 N College Road, Lafayette, LA 70506

$1,900,000
Property Type: Comm Bldg Sale/Lease Square Footage: 12,260 Lot Size (sq. ft.): 41,818 Status: Active
Current Price: $1,900,000 List Date: 1/23/2026 Last Modified: 2/11/2026

Overview

Description

Prime Investment Opportunity: Fully occupied two-story office building in Lafayette, located in the heart of the city directly across from the UL track and field facility. The property spans approximately 12,200 square feet and comprises four distinct offices suites arranged around a common stairwell, situated at the corner of N College and Bertrand for maximum visibility, with a gated parking lot for safety and security. Recent capital improvements include a full roof replacement completed in 2025 and a new paint and seal of the entire exterior. The building maintains a solid tenant mix and is fully occupied, with most leases reflecting substantial remaining terms, offering stable income potential for investors.

Listing Details MLS# 2600000213

Listing Info

For Sale
Yes
Delayed Marketing
No
For Lease
No
Listing Price
1900000
List Price/SqFt
154.98
Document Modified
2026-02-11 09:01:33.935694
Modification Timestamp
2026-02-11T15:02:01Z
Photo Modified
2026-02-02T18:11:55Z

Location Tax Legal Info

Street Number
401
Dir
N
Street Name
College
St Suffix
Road
Parish
Lafayette
State
LA
Zip Code
70506
Subdivision
None
Area
G2
Tax Assessment Number
6009670
Zone
CH
Directions
Take Johnston Street North. Take Left onto North College Road. The property will be on the Left at the corner of N College and Bertrand across from UL baseball facility.

General Property Description

Acres
0.96
SqFt - Office
12260
SqFt - Total
12260
SqFt - Source
Appraiser
Stories
2
Elevator
Yes
Mineral Rights
Conveyed
Approximate Age
21 - 30 Years
Acreage Range
0.51 - 0.99
SqFt - Retail
0
SqFt - Warehouse
0

Water Source

Water Company
Contact listing agent
Public
Yes

Originating Details

Originating System ID
M00000300
Originating System Key
20260123151256207042
Originating System Listing ID
2600000213
Originating System Name
RAA Flex

Location, Tax & Legal Info

Flood Zone
X
Legal Desc
PARCEL A SEC 63 T9S R4E (0.96 AC) (PERFORMANCE INSTITUE OF ACADIANA-OFFICE CONDOMINIUM)

More Information

Location

Freestanding
Yes

Sale/Lease Info

Lease Purchase
No
Est Bldg Ins
2280

Remarks & Misc

Remarks
Prime Investment Opportunity: Fully occupied two-story office building in Lafayette, located in the heart of the city directly across from the UL track and field facility. The property spans approximately 12,200 square feet and comprises four distinct offices suites arranged around a common stairwell, situated at the corner of N College and Bertrand for maximum visibility, with a gated parking lot for safety and security. Recent capital improvements include a full roof replacement completed in 2025 and a new paint and seal of the entire exterior. The building maintains a solid tenant mix and is fully occupied, with most leases reflecting substantial remaining terms, offering stable income potential for investors.

Office/Member/Contract Info

List AOR
RAA

Property Type

Professional/Office
Yes

Price Includes

Real Estate
Yes

Parking

Concrete
Yes
Parking Lot
Yes

Road Frontage

Curb & Gutter
Yes
Public Street
Yes

Construction

Stucco
Yes

Foundation

Slab
Yes

Lot Description

Corner
Yes
Level
Yes

Exterior

Fully Fenced
Yes

Roof

Rubber
Yes

Heating

Central
Yes

Cooling

Central Air
Yes

Gas

None
Yes

Electricity

110 Volts
Yes

Sewer

Public Sewer
Yes

Documents

Leases
Yes

Financing

Cash
Yes
Conventional
Yes

Property Features

Property Type: Professional/Office Location: Freestanding Road Frontage: Curb & Gutter; Public Street Exterior: Fully Fenced Heating: Central Cooling: Central Air Gas: None Electricity: 110 Volts Sewer: Public Sewer Water Source: Public Construction: Stucco Roof: Rubber Documents: Leases Lot Description: Corner; Level Parking: Concrete; Parking Lot Foundation: Slab Financing: Cash; Conventional Price Includes: Real Estate
IDX
Listing Office: NAI Rampart
Last Updated: February - 11 - 2026
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.