RETAIL & SELF-STORAGE FACILITY

Retail-Commercial for Sale
Catylist Listing ID: 30556407
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Tavern/Bar/Nightclub, Other
Building Size (RSF): 26,750 SF
Gross Building Area: See Agent
Gross Land Area: 2.97 Acres
Sale Price: $1,138,000
Unit Price: $42.54 PSF
Ceiling: 8.5 ft.
Property Use Type: Investment, Vacant/Owner-User
Building Name: BUILDERS BEST
Usable Size (USF): 26,750 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 1/13/2020

Overview / Comments

THIS IS A COMBO OF 3 LISTINGS IN ONE WITH THE ADDITION OF A NEW LISTING AS ONE OF THE PROPERTIES, AND CONTAINING A RETAIL OR INDUSTRIAL BUILDING WITH HIGH TRAFFIC FRONTAGE ON A DIVIDED HWY WITH J-TURN ACCESS UNDER CONST-IDEAL FOR USER/INVESTOR PROVIDING EXISTING INCOME (SELF-STORAGE)TO SUPPORT A NEW VENTURE IN THE RECENTLY ADDED FREESTANDING 4300 SF BUILDING–FINANCIALS AND RENT ROLLS ON ADJACENT STORAGE FACILITY AVAILABLE UPON REQUEST AND SIGNING OF CA. (THE 3 LISTINGS ARE 101 BOURQUE RD STORAGE FACILITY, 7424 JOHNSTON AND ADJACENT VACANT LOT @ 7420 JOHNSTON)–-LOT "A" , AS SHOWN ON MAIN AERIAL VIEW, IS A 6/10 ACRE HARD CORNER LOT, LISTED SEPARATELY (DUE TO DIFFERENT SELLER), AS 7400 JOHNSTON FOR $ 229,000–––ADDS 175 FRONTAGE TO ADJOINING 276 FRONT (TOTALS 451 FRONT ON JOHNSTON) EQUALING A 1.5 ACRE HARDCORNER LOT WITH DOTD APPROVED DRIVEWAY AND SIDE EGRESS ON BOURQUE-(INGRESS AND EGRESS FOR HARD CORNER, WILL WORK BETTER IF BUYING ENTIRE 3.6 ACRE CORNER INCLUSIVE OF MINI-STORAGE FACILITY, DUE TO EXISTING AT-& T EASEMENTS & ABOVE GROUND INSTALLATIONS THERE, ALONG BOURQUE RD AND TRAFFIC STACKING THAT OCCURS ON BOURQUE PRIMARILY DURING EARLY MORNING COMMUTING–WILL SELL STORAGE BUS.SEPARATELY OR TOGETHER WITH JOHNSTON PROPERTIES BUT NOT SELLING JOHNSTON FRONTAGE UNTIL STORAGE IN REAR IS SET TO CLOSE–1ST

Additional Details

Nearest MSA: Lafayette
County: Lafayette
Submarket/Township: K
Taxing Authority: LAFAYETTE PARISH ASSESSOR
Tax ID/APN: 6086349
Zoning: UNZ -LAF PAR LAND USE ORD
Retail Clientele: General, Family, Business, Traveler, Tourist, Other
Property Located Between: MAURICE & LAFAYETTE ON WEST SIDE OF HWY 167
Property Visibility: Excellent
Largest Nearby Street: JOHNSTON
Traffic/Vehicle Count: 18,420
Highway Access: FRONTS JOHNSTON & BOURQUE &1.5 MILES SOUTH OF W BROUSSARD & 1/2 MILE NORTH OF LEBLANC RD
Airports: LAF REGIONAL IS ABOUT 25 MINS AWAY
Site Description: LARGE CORNER LOT WITH EXISTING RETAIL BLDG AND SELF STORAGE FACILITY IN REAR-RETAIL BLDG PARKING AREA IS EXPANDED IN ADDITION TO EXISTING 10 SPACE CONCRETED PARKING LOT-(PLUS 6/10 ACRE HARD CORNER IS SEPARATELY LISTED & NOT IN THIS PRICE)
Area Description: SUBURBAN AREA BETWEEN LAFAYETTE AND MAURICE FOR RETAIL USER AND INVESTOR*** COMBO***FOR SELF- STORAGE INVESTOR OR MINI-STORAGE OR REDEVELOPMENT AS FLEA MARKET
Total Number of Buildings: 7
Number of Stories: 1
Property Condition: Good
Year Built: 1996
Year Renovated: 2012
Roof Type: Gable
Construction/Siding: Metal Siding
Total Parking Spaces: 35
Parking Ratio: 122 (per 1000 SF)
Parking Type: Surface
Parking Description: 10 CONCRETE PLUS AMPLE EXTRA LAND CONTIGUOUS TO
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Evaporative Cooler
Internet Access: Cable
Interior Description: OPEN RETAIL AREA WITH 3 SEPARATE OFFICES--& SIDE INVENTORY RECEIVING AREA OF 700 SF--CURRENTLY BUILDERS MACHINERY SALES IE TABLE SAWS
Zoning Description: UNZONED
Lot Frontage: 276 & ADJOINING LOT SEPARATE OWNER
Lot Depth: 350
Water Service: Municipal, Well
Sewer Type: Septic
Easements: Utilities
Easements Description: TYPICAL UTILITY
Land Ownership: FEE SIMPLE
Legal Description: 2.97 ACRES BEING LOT 1-A,& UNPLATTED .53 ACRES BOTH FRONTING 276 FEET TOTAL ON JOHNSTON (INCLUDES 7420 JOHNSTON) AND REMAINING 2.1 ACRE STORAGE SITE CONTIGUOUS,FRONTING 198.3FT ON BOURQUE RD & IN SEC 37,T10S,R3E LAF PAR,LA.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,978 20,802 72,087
Median Age: 35.02 34.26 35.24
Households: 1,058 7,728 28,793

Contact

Photograph of Listing Agent

Charlie Gardiner

Keller Williams Realty Acadiana Lafayette, LA 70503
Not a member of MCAR
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