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Renovated Office Building with River Views
For Sale
$300,000
Pending

231 La Rue France, Lafayette, LA 70508

COMMERCIAL - Lafayette, LA

Property Size2,406 SF
Days on Market116

Property Features for 231 La Rue France

General Information

Property type Commercial Sale
Property subtype Other
Zoning BG
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Parking features Parking Lot
Exterior features Door Sign
Subdivision Waterwood Common
Lot features Views, Water Frontage
Directions Pinhook to left on La Rue France. Condo on left.
Standard status Pending
APN 6044214
Size 2,406 SF

Taxes and HOA fees

Tax Description Lot 3 Waterwood Common Phase 1
Legal Description Lot 3 Waterwood Common Phase 1

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Amenities

LUS Fiber

Building Details

Floors in Building 2
Flooring type Tile
Listing Agency: Real Broker, LLC
Listed By: Sean Hettich · License #0995698219
Added: May 1 Changed: Aug 15 Last Checked: Aug 24 at 6:06AM
MLS# 2600003860

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 2,406-square-foot office building is arranged across two floors and has undergone extensive renovation within the last 12 months. Improvements include a new roof, air-conditioning system, windows, interior paint, and lighting. Each level provides a reception area and three offices. The first floor also includes a 14x24 studio, while the second floor adds a file room and another studio. Both studios overlook the Vermilion River. Tile flooring, central heating, central air, public water, and a parking lot are included. Door signage is also available.

The property is zoned BG and has LUS Fiber available. It is currently occupied by a tenant, with the existing lease expiring May 1st, 2029. The configuration combines reception, private office, studio, and support areas within a renovated two-story setting.

Key Highlights

  • 2,406‑square‑foot office building renovated within the last 12 months
  • New roof, AC, windows, paint, and lighting completed within the last 12 months
  • Two floors with reception areas and three offices on each level

Property Analytics

Current Use

Sellers Physical Therapy, ... Medical Clinic BeneShield Financial Insurance Agency

Suggested Use

Top Pick Auto Parts Store Electrical Service Garden Center HVAC Service Grocery & Convenience Store Kitchen & Bath Showroom

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

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,772
Businesses Nearby

Demographics for 70508, LA

40,343
Population
18,677
Households
2.2
Avg Household Size
38
Median Age
47%
College-Educated
94%
High-School Grad
24.3 sq mi
ZIP Area
1,660
Density / Sq Mi
$88,017
Median Household Income
$51,614
Median Earnings
$1,244
Median Rent
$299,200
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two-level office property with updated systems, multiple private offices, studios, and on-site parking.
Where is this office building located?
The property is located at 231 La Rue France Lafayette, LA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 2,406‑square‑foot office building renovated within the last 12 months; New roof, AC, windows, paint, and lighting completed within the last 12 months; Two floors with reception areas and three offices on each level
More about this property
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