417 NE Evangeline Thruway, Lafayette, LA 70501 (MLS# 2500003552)

417 NE Evangeline Thruway, Lafayette, LA 70501

$490,000
Property Type: Commercial Lease Square Footage: 4,330 Lot Size (sq. ft.): 18,295 Status: Active
Current Price: $490,000 List Date: 9/17/2025 Last Modified: 4/04/2026

Overview

Description

Prime investment opportunity! Well-maintained strip center in a high-traffic area with excellent visibility. Commercial strip center with major upside potential! Several units leased, others ready for new tenants or redevelopment. Perfect for owner-occupants or investors seeking rental income with room for value-add improvements.

Listing Details MLS# 2500003552

Listing Info

For Sale
Yes
Delayed Marketing
No
For Lease
Yes
Listing Price
490000
List Price/SqFt
113.16
For Lease Price
4000
Per
Month
Document Modified
2025-09-17 09:28:06.120417
Modification Timestamp
2026-04-04T20:16:37Z
Photo Modified
2025-09-17T14:28:06Z

Location Tax Legal Info

Street Number
417
Dir
NE
Street Name
Evangeline Thruway
Parish
Lafayette
State
LA
Zip Code
70501
Subdivision
Mudd Addition
Area
G3
Tax Assessment Number
6041640
Zone
Commercial
Directions
Evangeline Thruway North, building is on the left across the Street from St. Genevieve Church.

General Property Description

Acres
0.42
SqFt - Retail
1500
SqFt - Total
4330
SqFt - Source
Approximate
Elevator
No
Mineral Rights
Conveyed
Approximate Age
21 - 30 Years
Property Condition
Major Renovation
Acreage Range
0 - 0.5
SqFt - Office
0
SqFt - Warehouse
0

Water Source

Water Company
LUS
Public
Yes

Originating Details

Originating System ID
M00000300
Originating System Key
20250712213518067573
Originating System Listing ID
2500003552
Originating System Name
RAA Flex

Location, Tax & Legal Info

Flood Zone
x
Legal Desc
LOT 17-18-19 & 20 BLK.5, MUDD ADDITION, T=9-, R-4-E, SECTION 25 & 28, LAFAYETTE

More Information

Location

Freestanding
Yes
Strip Mall
Yes

Sale/Lease Info

Lease Purchase
Yes
CAM Fee
0
CAM Fee SF/Yr
Yr
Est Bldg Ins
680.00
Sublease
No
Deposit
6000
Min Terms (Yrs)
1
Tenant Deductible
0

Remarks & Misc

Remarks
Prime investment opportunity! Well-maintained strip center in a high-traffic area with excellent visibility. Commercial strip center with major upside potential! Several units leased, others ready for new tenants or redevelopment. Perfect for owner-occupants or investors seeking rental income with room for value-add improvements.

Office/Member/Contract Info

List AOR
RAA

Property Type

Restaurant
Yes
Retail
Yes
Shopping Center
Yes

Price Includes

Furn/Fixtures/Equip
Yes

Parking

Parking Lot
Yes

Road Frontage

Curb & Gutter
Yes
Paved
Yes
Public Street
Yes

Construction

Brick
Yes

Features

Walk-in Freezer
Yes

Foundation

Slab
Yes

Lot Description

Level
Yes

Exterior

Door Sign
Yes
Pole Sign
Yes

Roof

Composition
Yes

Heating

Central
Yes
Electric
Yes

Cooling

Central Air
Yes

Gas

individual Meter
Yes

Flooring

Concrete
Yes
Vinyl Tile
Yes
Other
Yes

Electricity

110 Volts
Yes
220 Volts
Yes
3 Phase
Yes

Sewer

Public Sewer
Yes

Landlord Pays

None
Yes

Financing

Cash
Yes
Conventional
Yes
Lease Purchase
Yes

Documents List

Floor Plan
Yes

Property Features

Property Type: Restaurant; Retail; Shopping Center Location: Freestanding; Strip Mall Road Frontage: Curb & Gutter; Paved; Public Street Features: Walk-in Freezer Exterior: Door Sign; Pole Sign Heating: Central Cooling: Central Air Gas: individual Meter Electricity: 110 Volts; 220 Volts; 3 Phase Sewer: Public Sewer Water Source: Public Construction: Brick Roof: Composition Flooring: Concrete; Vinyl Tile; Other Lot Description: Level Landlord Pays: None Parking: Parking Lot Foundation: Slab Financing: Cash; Conventional; Lease Purchase Price Includes: Furn/Fixtures/Equip Documents List: Floor Plan
IDX
Listing Office: Keller Williams Realty Acadiana
Last Updated: April - 04 - 2026
Broker Attribution: 337-735-9300

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.