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Fenced Flex Space with Loading Access
New
For Sale
$752,000

115 E 3rd Street, Lafayette, LA 70501

Commercial Sale, Lafayette, LA

Property Size19,519 SF
Lot Size1.29 Acres
Price / SF$38.53
Days on Market2

Property Features for 115 E 3rd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning I1
Parking features Off Street, Parking Lot
Security features Security System
Exterior features Door Sign, Fully Fenced, Loading Dock/Grade
Fencing Full
Subdivision Mccomb Addition
Lot features Corner, Level
Directions From University and W. Congress, head towards downtown on W. Congress, cross the railroad tracks, and the building (former Salvation Army Thrift Store) will be on the left.
Standard status Active
APN 6001950
Size 19,519 SF
Lot size 1.29 Acres

Taxes and HOA fees

Tax Description LOTS 12-13-14-15-16-17-18-19-20-21-22-23 BLK 15 MCCOMB ADD(196400461755) AN ALLEY ADJOINING THE ABOVE LOTS E P OF LOTS 1-2-3-4-5-6-7-8-9-10-11 BLK 15 MCCOMB ADD(196600489816)
Legal Description LOTS 12-13-14-15-16-17-18-19-20-21-22-23 BLK 15 MCCOMB ADD(196400461755) AN ALLEY ADJOINING THE ABOVE LOTS E P OF LOTS 1-2-3-4-5-6-7-8-9-10-11 BLK 15 MCCOMB ADD(196600489816)

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Amenities

ground level access
dock high access

Building Details

Floors in Building 1
Flooring type Tile
Roof type Metal, Tar/Gravel
Listing Agency: Keller Williams Realty Acadiana
Listed By: Walter R Campbell · License #51344
Added: Sep 21 Changed: Sep 22 Last Checked: Sep 22 at 4:06PM
MLS# 2600008830

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 19,519-square-foot flex property occupies 1.29 acres and includes both warehouse and retail areas. The building offers ground-level and dock-high loading access, a tile-finished interior, central heating and cooling, and a metal and tar/gravel roof. Full fencing encloses the site, with off-street parking and a dedicated parking lot supporting the improvements.

The property is located at 115 E 3rd Street in Lafayette, near downtown and within the 70501 postal area. Public water service is available, and the site is zoned I1. Exterior features include loading dock/grade access and door signage.

Key Highlights

  • 19,519 square feet of building area on 1.29 acres
  • I1 zoning supports industrial property use
  • Warehouse and large retail areas in one building

Property Analytics

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Current Use

Salvation Army Thrift ... Discount Store

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Storage Facility Pharmacy (Bike/Boat/Book/etc) Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,852
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Similar Off Market Nearby

  • Candlelight Catering 210 N Magnolia St, Lafayette, LA 70501

Frequently Asked Questions

What type of property is this?
Flex space - I1-zoned property combines warehouse capacity with a substantial retail component.
Where is this flex space located?
The property is located at 115 E 3rd Street Lafayette, LA.
What is the asking price?
The asking price for this property is $752,000.
What are key features of this property?
This property features: 19,519 square feet of building area on 1.29 acres; I1 zoning supports industrial property use; Warehouse and large retail areas in one building
More about this property
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