For Sale
$540,000

311 University AveLafayette, LA 70506

Prime Lafayette location, 3100 sq ft office.

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 3,100 square foot Class B office building is situated on a 0.29-acre lot at 311 W University Ave in Lafayette, Louisiana, zip code 70506. The property, identified by APN 6022502, features a single-story structure with seventeen parking spaces. The building boasts seven individual offices, a conference room, kitchen, two lobbies, and two restrooms. Its layout offers the potential for subdivision into three separate tenant suites, each with its own private entrance. The property enjoys a highly desirable location near the intersection of University Avenue and Johnston Street, providing convenient access to downtown Lafayette and the University of Louisiana at Lafayette. The high traffic count exceeding 19,500 vehicles per day ensures excellent visibility and accessibility. The building is equipped with LUS Fiber internet and a security system that monitors for both fire and burglary. Zoned CM-1 Commercial Mixed, this property offers a wide range of permitted uses. Furthermore, it is located in Flood Zone X, offering peace of mind to potential buyers. The asking price for this well-maintained and strategically located office building is $540,000, translating to $174.19 per square foot.

Highlights

  • Prime location at University Ave. and Johnston St., near Downtown Lafayette and UL Lafayette.
  • Seven offices, conference room, kitchen, two lobbies, and two restrooms.
  • Divisible into three separate suites with private entrances.
  • On-site parking available.
  • High-speed LUS Fiber internet access.
  • CM-1 zoning allows diverse commercial uses.

Property Details for 311 University Ave

Property type
Office properties
Square Feet
3,100 SF
Class
B
Buildings
1
Stories
1
Lot Size (sq. ft)
12,632 SF

Location Insight

City
Lafayette
County
Lafayette Parish
State
Louisiana
Latitude
30.21880287
Longitude
-92.02091801
311 University Ave, Lafayette, Louisiana

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311 University Ave
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