For Sale
$249,000

503 Mudd AveLafayette, LA 70501

High-traffic corner lot, auto shop included.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional commercial property in Lafayette, Louisiana, presents a unique investment opportunity. Located at 503 Mudd Ave, this offering encompasses a 2,400 square foot automotive repair building situated on a prime corner lot, boasting dual frontage and excellent visibility. The property benefits from its strategic location along NE Evangeline Thwy, a high-traffic thoroughfare with approximately 36,924 vehicles passing daily, ensuring significant exposure for any business. The sale also includes an adjacent corner lot, increasing the total land area to approximately 0.27 acres, providing ample space for parking, expansion, or future development. The combined lots offer approximately 319 feet of total frontage, maximizing signage opportunities. The existing auto shop building is ready for immediate occupancy, making this an ideal opportunity for an owner-occupant or an investor seeking a high-demand location. The asking price is $249,000, translating to $103.75 per square foot. This property offers a compelling combination of high visibility, convenient access, and substantial land area, making it an attractive proposition in a thriving market. The address is 503 Mudd Ave, Lafayette, LA 70501.

Highlights

  • Prime corner lot with dual frontage on NE Evangeline Thruway, boasting ±36,924 vehicles per day.
  • Includes adjacent corner lot, totaling ±319 feet of frontage.
  • Excellent signage opportunities due to high visibility.
  • Strategic location near major thoroughfares.

Property Details for 503 Mudd Ave

Property type
Retail properties, Auto shops
Square Feet
2,400 SF
Buildings
1
Lot Size (sq. ft)
11,761 SF

Location Insight

City
Lafayette
County
Lafayette Parish
State
Louisiana
Latitude
30.233196158225
Longitude
-92.012754206874
503 Mudd Ave, Lafayette, Louisiana

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503 Mudd Ave
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