For Sale
$970,000

4519 Johnston StLafayette, LA 70503

Prime 1.36-acre commercial lot, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional 1.36-acre commercial property, located at 4519 Johnston St in Lafayette, Louisiana (zip code 70503, APN 6035063), presents a compelling investment opportunity. Zoned for commercial use, this mixed-use land offers significant potential. Currently, a ground lease is in place, generating a monthly income of $800, with a lease expiration date of January 1, 2029, representing a remaining term of approximately 4.1 years. Upon lease expiration, all improvements revert to the landowner. The property's strategic location at a high-profile Lafayette intersection ensures excellent visibility and accessibility. This makes it ideal for a variety of commercial ventures. The asking price for this prime commercial real estate is $970,000. The property is being offered for sale by owner. This is an excellent long-term investment opportunity in a thriving Louisiana market. Serious inquiries are encouraged.

Highlights

  • 1.36-acre site at a premier Lafayette intersection.
  • Excellent long-term investment opportunity.
  • Ground lease expiring 2029.

Property Details for 4519 Johnston St

Property type
Office properties, Mixed-use properties
Lot Size (sq. ft)
59,242 SF

Location Insight

City
Lafayette
County
Lafayette Parish
State
Louisiana
Latitude
30.1925902
Longitude
-92.0585926
4519 Johnston St, Lafayette, Louisiana

FAQs

What type of property is this?
Office property - Prime 1.36-acre commercial lot, high visibility.
Where is the office property located?
The property is located at 4519 Johnston St Lafayette, LA.
What is the asking price?
The asking price for this property is $970,000.
What are key features of this property?
This property features: 1.36-acre site at a premier Lafayette intersection.; Excellent long-term investment opportunity.; Ground lease expiring 2029.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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4519 Johnston St
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