For Sale
$1,250,000

506 Lafayette StYoungsville, LA 70592

Youngsville, LA retail center & land.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional investment opportunity presents a fully leased, 15,056 square foot retail center and commercial complex in the rapidly growing city of Youngsville, Louisiana. Priced at $1,250,000, this stabilized property boasts 100% occupancy and offers significant upside potential. The property comprises a five-unit strip center at 506 Lafayette Street, a daycare center, a physiotherapy practice, and a residential apartment at 508 Lafayette Street. A key feature is the inclusion of over 2.5 acres of cleared land at the rear of the property, ideal for future development. This expansive lot offers significant expansion possibilities, complementing the existing income-generating structures. The property enjoys a prime location on Highway 89 (Lafayette Street), within a block of the new Youngsville Municipal Complex, NuNu's Fresh Market, and the Sugar Mill Pond Lifestyle Development, surrounded by thriving residential communities. Additionally, a single-family residential property at 109 Romero Street, situated on a 60' x 166' lot, is included, potentially providing alternative access to the rear 2.5-acre parcel. This comprehensive offering presents a rare chance to acquire a well-positioned, income-producing asset with substantial growth potential in a dynamic Louisiana market. The property's current tenants do not have credit ratings.

Highlights

  • 100% leased, 15,056 SF retail center and commercial complex in Youngsville, LA.
  • Located in a rapidly growing community.
  • Includes over 2.5 acres of cleared land for future development.

Property Details for 506 Lafayette St

Property type
Day care centers & nurseries, Lifestyle centers
Square Feet
15,056 SF

Location Insight

City
Youngsville
County
Lafayette Parish
State
Louisiana
Latitude
30.104020044225
Longitude
-91.990600253699
506 Lafayette St, Youngsville, Louisiana

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506 Lafayette St
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