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Industrial Warehouse with Office & HVAC

116 Eunice Street Lafayette, LA 70508

New
116 Eunice Street, Lafayette, LA, 70508
$776,000
For Sale
$776,000

COMMERCIAL - Lafayette, LA

Property Size9,700 SF
Lot Size0.80 Acres
Price / SF$80
Days on Market3

Property Features for 116 Eunice Street

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
BG
Bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking features
Parking Lot, Off Street
Security features
Security System
Exterior features
Door Sign, Loading Dock/Well, OH Door 16 - 20 Ft
Standard status
Active
APN
6158090
Size
9,700 SF
Lot size
0.80 Acres

Taxes and HOA fees

Tax Description
LOT 1B SEC 50 T10S R4E (0.799 AC) (100.48X343.82X99.89X351.93)

Utilities

Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Floors in Building
1
Flooring type
Concrete, Wood
Roof type
Metal
Listing Agency Coldwell Banker Trahan Real Estate Group
325 Settlers Trace Ste 100, Lafayette, LA
Listed by Deanna Saizon · License #0995690261
Added: Jul 16 Checked: Jul 18 at 11:06 am
MLS# 2600006583

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.

Turnkey industrial warehouse with climate-controlled space, combining office and warehouse functionality in a single 9,700-square-foot building. The property includes approximately 700 square feet of office space and 9,000 square feet of warehouse area with an open layout. Built for practical day-to-day operations, it features a loading dock with a roll-up door, two restrooms, and a full kitchen/break area. Heating and cooling are provided throughout the entire building.

Located at 116 Eunice Street in Lafayette, the property sits on approximately 0.8 acres and is listed under zoning BG.

Recent updates are noted to help reduce near-term capital needs, including updated electrical, new insulation throughout the building, and fresh interior paint. The configuration and condition make it suitable for owner-occupants and investors seeking a move-in-ready industrial/commercial facility.

Key Highlights

  • 9,700 SF industrial/commercial building with approx. 700 SF office and 9,000 SF warehouse
  • Heating and cooling throughout the entire 9,700 SF
  • Loading dock with roll‑up door (OH door 16–20 ft) for shipping and receiving

Local Financial Insights For Warehouse

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 $68.7k $7.08
− Vacancy −$3.3k −$0.34
EGI $65.4k $6.74
− OpEx −$9.8k −$1.01
NOI $55.6k $5.73
9,700 SF · lease $7.08/SF/yr · vacancy 4.80% · expense 15.00%

Alternative Uses

Best Use
Office B
$1.61M
$1.41M – $1.88M (±1% cap)
NOI $112,879 @ 7.0% cap · market cap 14.55%
Second Best
Warehouse
$793.9K
$694.7K – $926.2K (±1% cap)
NOI $55,573 @ 7.0% cap · market cap 7.16%
Theoretical Best
Office A
$2.29M
$2.01M – $2.68M (±1% cap)
NOI $160,539 @ 7.0% cap · market cap 20.69%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Electrical Service Grocery & Convenience Store Parking Lot & Garage Catering Service Daycare Center Pet Grooming Service (Bike/Boat/Book/etc) Store Locksmith Carpet & Flooring Store Travel Agency

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Firehouse Subs Kaliste Saloom — 104 E Kaliste Saloom Rd #109, Lafayette, LA 70508

FAQs

What type of property is this?
Flex space - Turnkey industrial building with office space, climate-controlled warehouse, and loading dock with roll-up door.
Where is this flex space located?
The property is located at 116 Eunice Street Lafayette, LA.
What is the asking price?
The asking price for this property is $776,000.
What are key features of this property?
This property features: 9,700 SF industrial/commercial building with approx. 700 SF office and 9,000 SF warehouse; Heating and cooling throughout the entire 9,700 SF; Loading dock with roll‑up door (OH door 16–20 ft) for shipping and receiving
Contact an agent
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