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196-198 Mount Vernon Dr 1,650 SF 100% Leased Retail Building Lafayette, LA 70503 For Sale



Investment Highlights
- One unit on a month-to-month lease; the other leased to July 2026
- Nearby amenities include Jersey Mike’s, McDonald’s, Office Depot, and more
- ±28,100 vehicles per day
Executive Summary
Now for sale, 196 and 198 Mt Vernon Dr offer two occupied, mixed use buildings measuring ±900 and ±750 SF, respectively.
One unit is leased to a barbershop on a month-to-month basis, and the other is a house leased to July 2026.
Located near the corner of Johnston St and Mt Vernon Dr, the site sees ±28,100 vehicles per day, providing strong visibility and accessibility.
Johnston St is a major commercial corridor with nearby amenities including Jersey Mike’s, McDonald’s, Office Depot, Dollar General, and Planet Ice Rink.
Zoned CH for Commercial Heavy.
One unit is leased to a barbershop on a month-to-month basis, and the other is a house leased to July 2026.
Located near the corner of Johnston St and Mt Vernon Dr, the site sees ±28,100 vehicles per day, providing strong visibility and accessibility.
Johnston St is a major commercial corridor with nearby amenities including Jersey Mike’s, McDonald’s, Office Depot, Dollar General, and Planet Ice Rink.
Zoned CH for Commercial Heavy.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,650 SF
Building Class
C
Year Built
2000
Percent Leased
100%
Building Height
1 Story
Building FAR
0.16
Lot Size
0.24 AC
Parking
5 Spaces (3.03 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Fairly walkable
50/100
Moderately drivable
70/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 6028572 | Improvements Assessment | $9,810 |
| Land Assessment | $4,361 | Total Assessment | $14,171 |
Property Taxes
Parcel Number
6028572
Land Assessment
$4,361
Improvements Assessment
$9,810
Total Assessment
$14,171
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196-198 Mount Vernon Dr
