520 S Magnolia Street, Lafayette, LA 70501
$250,000
Property Type:
Comm Bldg Sale/Lease
Square Footage:
2,800
Lot Size (sq. ft.):
6,098
Status:
Active
Current Price:
$250,000
List Date:
4/27/2026
Last Modified:
4/27/2026
Overview
Description
Listing Details MLS# 2600003674
Listing Info
- For Sale
- Yes
- Delayed Marketing
- No
- For Lease
- No
- Listing Price
- 250000
- List Price/SqFt
- 89.29
- Document Modified
- 2026-04-27 13:35:10.552476
- Modification Timestamp
- 2026-04-27T20:19:12Z
- Photo Modified
- 2026-04-27T20:17:50Z
Location Tax Legal Info
- Street Number
- 520
- Dir
- S
- Street Name
- Magnolia
- St Suffix
- Street
- Parish
- Lafayette
- State
- LA
- Zip Code
- 70501
- Subdivision
- Parkerson S R Addition
- Area
- G3
- Tax Assessment Number
- 6051535
- Zone
- unknown
- Directions
- From SE Evangeline Thwy and Louisiana Ave, turn right on Louisiana Ave, travel for 0.1 mile, take a right on the second cross st on to S. Magnolia St. The building will be on your right
General Property Description
- Acres
- 0.14
- SqFt - Retail
- 2800
- SqFt - Total
- 2800
- SqFt - Source
- Owner
- Stories
- Yes
- Mineral Rights
- Reserved
- Approximate Age
- 41 - 50 Years
- 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
- 20260427170230390418
- Originating System Listing ID
- 2600003674
- Originating System Name
- RAA Flex
Location, Tax & Legal Info
- Flood Zone
- X
- Legal Desc
- P LOT 6 BLK 15 S R PARKERSON ADD
More Information
Location
- Urban
- Yes
Sale/Lease Info
- Lease Purchase
- No
- Est Bldg Ins
- 1000
Remarks & Misc
- Remarks
- This renovated former grocery store offers flexible commercial space with added convenience for an owner-operator. It includes a walk-in cooler, a dedicated washing and prep area, and an upgraded electrical panel to handle modern needs. The property also features a new metal roof, reinforced subfloor, and existing on-site living quarters.
Office/Member/Contract Info
- List AOR
- RAA
Property Type
- Restaurant
- Yes
- Retail
- Yes
- Other
- Yes
Price Includes
- Real Estate
- Yes
Parking
- On Site
- Yes
- Parking Lot
- Yes
Road Frontage
- Public Street
- Yes
Construction
- Stucco
- Yes
Features
- Living Space Available
- Yes
Foundation
- Brick Piers
- Yes
- Concrete Piers
- Yes
Lot Description
- Corner
- Yes
Exterior
- Door Sign
- Yes
- Fully Fenced
- Yes
- Partially Fenced
- Yes
- Stabilized Yard Base
- Yes
- Storage Building
- Yes
Roof
- Metal
- Yes
Heating
- Electric
- Yes
- Wall Unit(s)
- Yes
Cooling
- Wall Units
- Yes
Gas
- None
- Yes
Flooring
- Tile
- Yes
Electricity
- 440 Volts
- Yes
Sewer
- Public Sewer
- Yes
Documents
- Legal Description
- Yes
Financing
- Cash
- Yes
- Conventional
- Yes
Documents List
- Flood Determination Disclosure
- Yes
- Floor Plan
- Yes
Property Features
Property Type:
Restaurant; Retail; Other
Location:
Urban
Road Frontage:
Public Street
Features:
Living Space Available
Exterior:
Door Sign; Fully Fenced; Partially Fenced; Stabilized Yard Base; Storage Building
Heating:
Wall Unit(s)
Cooling:
Wall Units
Gas:
None
Electricity:
440 Volts
Sewer:
Public Sewer
Water Source:
Public
Construction:
Stucco
Roof:
Metal
Flooring:
Tile
Documents:
Legal Description
Lot Description:
Corner
Parking:
On Site; Parking Lot
Foundation:
Brick Piers; Concrete Piers
Financing:
Cash; Conventional
Price Includes:
Real Estate
Documents List:
Flood Determination Disclosure; Floor Plan
IDX
Listing Office:
Scout Real Estate Co.
Last Updated: April - 27 - 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.