1840 Laurel AveEunice, LA 70535

Property Details for 1840 Laurel Ave

Lot size

0.38 AC

Property type

Other commercial real estate

APN

602184600

APU

602184600

Description

This 1,895 square foot free-standing restaurant building is situated on a 0.38-acre lot in Eunice, Louisiana. Located on Highway 190/Laurel Avenue, a major thoroughfare with a daily traffic count of 14,458 vehicles, this property offers excellent visibility and accessibility. Built in 2018, the single-story building is currently vacant and presents a unique opportunity for a new restaurant concept. Its proximity to Louisiana State University-Eunice campus, just 1.5 miles away with an enrollment of 3,623 students, provides a substantial potential customer base. The lease on the property extends until April 30th, 2039, offering long-term stability for the tenant. The property is located in St. Landry Parish, within the Lafayette submarket. This turnkey space is ready for immediate occupancy and offers significant potential for a thriving restaurant business. The entire 1,895 square feet is available, eliminating the need for build-out or renovations. The property's strategic location and ample space make it an ideal investment opportunity for entrepreneurs seeking a high-traffic location with a strong student demographic. The building features no elevators, as it is a single-story structure.

• Alternative Use

  Use

  Valuation

  Residential

  $2,577,235

  Hospitality

  $2,360,733

  Educational

  $1,964,102

  Medical

  $2,031,651

  Retail

  $3,055,270

Location Insight

City

Eunice

County

Saint Landry

State

Louisiana

Latitude

30.4953

Longitude

-92.4348

CBSA code

36660

CBSA name

OPELOUSAS-EUNICE, LA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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