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Mixed-Use Property with Covered Parking
For Sale
$199,900

205 E Saint Victor Street, Abbeville, LA 70510

Commercial Sale, Abbeville, LA

Property Size1,300 SF
Lot Size0.25 Acres
Price / SF$153.77
Days on Market16

Property Features for 205 E Saint Victor Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Mixed
Parking features Covered, Parking Lot
Subdivision Boet
Directions Coming down Veterans Memorial Dr, Take N State St to E St Victor St, Destination will be on the left
Standard status Active
APN Ra232500
Size 1,300 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Description .25 AC IN SEC 47 T 12 R 3 E BEING POR OF LOT 37 & 38 BOETS ADD (PLAT 2025001357) 2025001357 IMP
Legal Description .25 AC IN SEC 47 T 12 R 3 E BEING POR OF LOT 37 & 38 BOETS ADD (PLAT 2025001357) 2025001357 IMP

Utilities

Heating system Central
Cooling system Central Air

Amenities

handicap accessibility
front porch
covered parking

Building Details

Roof type Composition
Listing Agency: Real Broker, LLC
Listed By: Stoney Richard · License #995714987
Added: Sep 22 Changed: Sep 23 Last Checked: Oct 7 at 1:06AM
MLS# 2600008906

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 1,300-square-foot mixed-use commercial property occupies a 0.25-acre site in Abbeville. The building includes handicap accessibility, a front porch, covered parking, and an additional parking lot. Central heating and central air support year-round interior comfort, while the composition roof provides the primary roof covering.

The property is located just steps from downtown Abbeville and near St. Mary Magdalen Catholic Church. Mixed zoning supports its commercial positioning, and the layout is identified as suitable for a boutique, salon, professional office, intimate venue, creative studio, or other specialty business.

Key Highlights

  • 1,300 SF mixed‑use commercial building
  • 0.25‑acre site near downtown Abbeville
  • Mixed zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,766
Cap Rate
7.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,320 $315.3K
Cap Rate 7%
$225,229 $225.2K
Cap Rate 9%
$175,178 $175.2K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$24.5K $18.84/SF
− Vacancy
−$2.0K −$1.51/SF
EGI
$22.5K $17.33/SF
− OpEx
−$6.8K −$5.20/SF
NOI
$15.8K $12.13/SF
Area
Vermilion County, LA
Vacancy
8.04%
Lease Rate
$18.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,320
Cap Rate 7%
$225,229
Cap Rate 9%
$175,178

Alternative Uses

Best Use
Retail
$225.2K
$197.1K – $262.8K (±1% cap)
NOI $15,766 @ 7.0% cap · market cap 7.89%
Second Best
Mixed Use
$214.5K
$187.7K – $250.3K (±1% cap)
NOI $15,015 @ 7.0% cap · market cap 7.51%
Theoretical Best
Office A
$307.4K
$269.0K – $358.6K (±1% cap)
NOI $21,516 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Skin Care Clinic Big Box & Wholesale Store Pharmacy Dental Office

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

588
Businesses Nearby

Demographics for 70510, LA

24,074
Population
11,603
Households
2.1
Avg Household Size
40
Median Age
18%
College-Educated
82%
High-School Grad
233.0 sq mi
ZIP Area
103
Density / Sq Mi
$50,881
Median Household Income
$37,079
Median Earnings
$789
Median Rent
$150,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown commercial building with handicap access, a front porch, central HVAC, and parking for customers and guests.
Where is this mixed-use property located?
The property is located at 205 E Saint Victor Street Abbeville, LA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 1,300 SF mixed‑use commercial building; 0.25‑acre site near downtown Abbeville; Mixed zoning
More about this property
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