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1819 NW Evangeline Trfy
Lafayette, LA 70501
Retail Property For Sale
Executive Summary
Now for sale, 1819 NW Evangeline Thwy offers a ±7,846 SF retail building with on-site parking and ±298 ft of dual frontage on the corner of Martin Luther King Jr Dr and Evangeline Thwy.
Positioned along NW Evangeline Thwy, the property benefits from approximately ±68,689 average daily traffic and is surrounded by a variety of national and local retailers, restaurants, and service businesses.
The site is also located ±3 minutes from the I-10 and I-49 interchange, providing convenient regional access.
The property is currently occupied by two tenants on month-to-month leases, presenting an opportunity for investors seeking in-place income with future leasing.
Zoned CH - Commercial Heavy.
Positioned along NW Evangeline Thwy, the property benefits from approximately ±68,689 average daily traffic and is surrounded by a variety of national and local retailers, restaurants, and service businesses.
The site is also located ±3 minutes from the I-10 and I-49 interchange, providing convenient regional access.
The property is currently occupied by two tenants on month-to-month leases, presenting an opportunity for investors seeking in-place income with future leasing.
Zoned CH - Commercial Heavy.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
8,013 SF
Building Class
C
Year Built
1980
Price
$650,000
Price Per SF
$81.12
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.57 AC
Opportunity Zone
Yes
Zoning
BG
Parking
35 Spaces (4.5 Spaces per 1,000 SF Leased)
Frontage
202’ on NW Evangeline Trwy
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 6020805 | Improvements Assessment | $57,375 |
| Land Assessment | $11,286 | Total Assessment | $68,661 |
Property Taxes
Parcel Number
6020805
Land Assessment
$11,286
Improvements Assessment
$57,375
Total Assessment
$68,661
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