401 N College Road, Lafayette, LA 70506
New Listing
$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:
1/23/2026
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.
Supplements: ********
More Information MLS# 2600000213
Listing Info
Delayed Marketing: No
For Sale: Yes
For Lease: No
List Price/SqFt: 154.98
Document Modified: 2026-01-23 10:51:02.294639
Status: Active
Listing Date: 2026-01-22
Listing Price: 1900000
Current Price: $1,900,000
Modification Timestamp: 2026-01-23T16:51:36Z
Photo Modified: 2026-01-23T15:45:07Z
Location, Tax & Legal Info
Flood Zone: X
Legal Desc: PARCEL A SEC 63 T9S R4E (0.96 AC) (PERFORMANCE INSTITUE OF ACADIANA-OFFICE CONDOMINIUM)
Location
Freestanding: 1
General Property Description
Approximate Age: 21 - 30 Years
Stories: 2
SqFt - Total: 12260
SqFt - Source: Appraiser
Mineral Rights: Conveyed
Acreage Range: 0.51 - 0.99
SqFt - Retail: 0
SqFt - Office: 12260
SqFt - Warehouse: 0
Elevator: Yes
Acres: 0.96
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: 1
Price Includes
Real Estate: 1
Parking
Concrete: 1
Parking Lot: 1
Road Frontage
Curb & Gutter: 1
Public Street: 1
Construction
Stucco: 1
Foundation
Slab: 1
Lot Description
Corner: 1
Level: 1
Exterior
Fully Fenced: 1
Roof
Rubber: 1
Heating
Central: 1
Cooling
Central Air: 1
Gas
None: 1
Electricity
110 Volts: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Water Company: Contact listing agent
Documents
Leases: 1
Financing
Cash: 1
Conventional: 1
Originating Details
Originating System ID: M00000300
Originating System Key: 20260123151256207042
Originating System Listing ID: 2600000213
Originating System Name: RAA Flex
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.
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
Listing Office: NAI Rampart
Last Updated: January - 23 - 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.