Mixed-Use Building with Restaurant
For Sale
$249,000
1008 E Simcoe Street, Lafayette, LA 70501
Commercial Sale, Lafayette, LA
Property Size3,255 SF
Lot Size0.71 Acres
Price / SF$76.50
Days on Market35
Property Features for 1008 E Simcoe Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
CM-1 (COMMERCIA
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking features
Parking Lot, Off Street
Exterior features
Partially Fenced, Pole Sign, Stabilized Yard Base, Storage Building
Fencing
Partial
Directions
Directions: From Johnston St., head north toward downtown Lafayette. Turn right onto E. University Ave., then turn right onto E. Simcoe St. Continue to 1008 E. Simcoe St. Property will be on the right.
Subdivision
G3
Standard status
Active
APN
6047457
Size
3,255 SF
Lot size
0.71 Acres
Taxes and HOA fees
Tax Description
LOT 8 & W 18 FT LOT 7 BLK 3 COMINGTON ADD 10 FT STRIP IN ALLEY (1979-22413)
Legal Description
LOT 8 & W 18 FT LOT 7 BLK 3 COMINGTON ADD 10 FT STRIP IN ALLEY (1979-22413)
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
2
Roof type
Metal, Composition
Additional Structures
Storage
Listing Agency:
The Gleason Group
(337) 262-7873
Listed By:
Grace Guo · License #995706927
(337) 517-1466
Added: Sep 3
Changed: Oct 1
Last Checked: Oct 7 at 4:06PM
MLS# 2600008288
Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Five adjoining assessor parcels are being offered together, totaling approximately 0.71 acres (31,043 SF). The two-story building contains approximately 3,255 SF, including about 1,700 SF of former seafood restaurant and takeout space on the first floor and two apartment units upstairs. The property is zoned CM, as identified in the remarks.
Site improvements include a pole sign, partially fenced areas, a stabilized yard base, a storage building, and a parking lot with off-street parking. The upper floor is reached by an exterior metal staircase with visible rust and corrosion; that floor is not currently available for showings.
Site improvements include a pole sign, partially fenced areas, a stabilized yard base, a storage building, and a parking lot with off-street parking. The upper floor is reached by an exterior metal staircase with visible rust and corrosion; that floor is not currently available for showings.
Key Highlights
- Approximately 3,255 SF in a two‑story building
- Five adjoining assessor parcels offered together on approximately 0.71 acres (31,043 SF)
- First floor includes approximately 1,700 SF of former seafood restaurant and takeout space
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
650
Businesses Nearby
Explore this area
Business Placement
Demographics for 70501, LA
28,721
Population
12,657
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
78%
High-School Grad
15.3 sq mi
ZIP Area
1,877
Density / Sq Mi
$31,723
Median Household Income
$25,281
Median Earnings
$867
Median Rent
$117,200
Median Home Value
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two apartments occupy the upper level above a ground-floor commercial suite.
Where is this mixed-use property located?
The property is located at 1008 E Simcoe Street Lafayette, LA.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: Approximately 3,255 SF in a two‑story building; Five adjoining assessor parcels offered together on approximately 0.71 acres (31,043 SF); First floor includes approximately 1,700 SF of former seafood restaurant and takeout space
