Commercial Building in St.
For Sale
$79,000
114 E Berard Street, Saint Martinville, LA 70582
COMMERCIAL - St. Martinville, LA
Property Size576 SF
Lot Size0.18 Acres
Price / SF$137.15
Days on Market994
Property Features for 114 E Berard Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
4
Exterior features
Storage Building
Lot features
Level
Directions
From Lafayette, take the St. Martinville Exit. Follow Rd under overpass, then take a Left on Hwy 96. Travel down Hwy 96 till you get into St. Martinville. Take a Right on Main St (Hwy 31), then Left on E Berard St. Property located on Right (across from courthouse).
Subdivision
M2
Standard status
Active
APN
17201b1144
Size
576 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Description
22' x 79.4' site & 82 & 70' site located inside the city limits
Legal Description
22' x 79.4' site & 82 & 70' site located inside the city limits
Utilities
Cooling system
Window Unit(s)
Water source
Public
Building Details
Floors in Building
1
Flooring type
Tile
Additional Structures
Storage
Listing Agency:
EXP Realty, LLC
(337) 522-7554
Listed By:
Molli Rodriguez · License #0995687819
(337) 578-0034
Added: Nov 9, 2023
Changed: Apr 18
Last Checked: Jul 30 at 7:06PM
MLS# 23010148
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.
This commercial brick building is located in the heart of Saint Martinville, Louisiana, across from the Saint Martin Parish courthouse on a corner lot. The property has a classic brick exterior. The building offers a comfortable and inviting space. It features heating/cooling and a bath, with rear yard access and ample parking. A large storage shed is located in the rear of the property and will remain. The lot size is 0.18 acres and the property size is 576 square feet.
Key Highlights
- Prime location across from the Saint Martin Parish courthouse.
- Classic and charming brick building.
- Well‑maintained property ensuring a strong first impression.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $8.4k | $14.52 |
| − Vacancy | −$376 | −$0.65 |
| EGI | $8.0k | $13.87 |
| − OpEx | −$2.4k | −$4.16 |
| NOI | $5.6k | $9.71 |
576 SF · lease $14.52/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$79.9K
$69.9K – $93.2K
NOI $5,591 @ 7.0% cap · market cap 7.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$126.5K
$110.7K – $147.6K
NOI $8,854 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
10k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 67%
Dining 33%
SUBWAY
Dining
3,376 visits/mo
0.2 miles
Family Dollar
Shops & Services
2,482 visits/mo
0.3 miles
Home Bank
Shops & Services
1,887 visits/mo
0.1 miles
Whitney Bank
Shops & Services
1,306 visits/mo
0.2 miles
Napa Auto Parts
Shops & Services
888 visits/mo
0.1 miles
Demographics for 70582, LA
19,088
Population
9,122
Households
2.1
Avg Household Size
41
Median Age
13%
College-Educated
84%
High-School Grad
148.0 sq mi
ZIP Area
129
Density / Sq Mi
$46,690
Median Household Income
$36,265
Median Earnings
$787
Median Rent
$149,100
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Glenn’s Flower Box — 315 N Main St, St Martinville, LA 70582
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial brick building in the heart of Saint Martinville, Louisiana.
Where is this storefront property located?
The property is located at 114 E Berard Street Saint Martinville, LA.
What is the asking price?
The asking price for this property is $79,000.
What are key features of this property?
This property features: Prime location across from the Saint Martin Parish courthouse.; Classic and charming brick building.; Well‑maintained property ensuring a strong first impression.
