Office and Retail Flex
2627 Veterans Memorial Drive Abbeville, LA 70510
For Sale
$130,000
COMMERCIAL - Abbeville, LA
Property Size640 SF
Lot Size0.21 Acres
Price / SF$203.13
Days on Market48
Property Features for 2627 Veterans Memorial Drive
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Off Street
- Security features
- Security System
- Exterior features
- Pole Sign
- Standard status
- Active
- APN
- Ra425151
- Size
- 640 SF
- Lot size
- 0.21 Acres
Taxes and HOA fees
- Tax Description
- .188 AC in SEC 30 T 12 R 4 E TRACT 1-A-1 (PLAT 2024002351) .023 AC IN SEC 30 T 12 R 4 E TRACT 2-A-1 (PLAT 2024002351)
Utilities
- Sewer type
- Private Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Wood
- Roof type
- Composition
Listing Agency:
Compass
(337) 233-9700
Listed By:
Brittany LeBlanc · License #995709191
(337) 254-2730
Added: Jun 9
Last Checked: Jul 26 at 1:06AM
MLS# 2600005150
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 flex building is designed for functional day-to-day operations, with an open work area and a private office. It includes an interior restroom and an exterior restroom, supporting a range of small business and customer-facing setups. The property sits on limestone/asphalt drive areas and comes with city water, sewer, and electricity available.
Located at 2627 Veterans Memorial Drive in Abbeville, the site offers visibility along the corridor and provides east access near the downtown business district. The configuration is well-suited for businesses that want both interior work space and convenient restroom access for visitors or staff.
With its mixed layout and dedicated restroom facilities, the building can work for an office user needing a private room alongside open work space, as well as a retail-oriented user looking for an adaptable footprint. The drive areas and utility availability can simplify day-to-day operations for a small tenant or owner-operator. For prospective buyers, the property’s compact size may be a practical fit for organizations seeking a straightforward, ready-to-use commercial site.
Located at 2627 Veterans Memorial Drive in Abbeville, the site offers visibility along the corridor and provides east access near the downtown business district. The configuration is well-suited for businesses that want both interior work space and convenient restroom access for visitors or staff.
With its mixed layout and dedicated restroom facilities, the building can work for an office user needing a private room alongside open work space, as well as a retail-oriented user looking for an adaptable footprint. The drive areas and utility availability can simplify day-to-day operations for a small tenant or owner-operator. For prospective buyers, the property’s compact size may be a practical fit for organizations seeking a straightforward, ready-to-use commercial site.
Key Highlights
- Commercial space with open work area, private office, and interior restroom plus an exterior restroom
- City water, sewer, and electricity available; public water connected
- Central heating and central air conditioning
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 | $12.1k | $18.84 |
| − Vacancy | −$969 | −$1.51 |
| EGI | $11.1k | $17.33 |
| − OpEx | −$3.3k | −$5.20 |
| NOI | $7.8k | $12.13 |
640 SF · lease $18.84/SF/yr · vacancy 8.04% · expense 30.00%
Alternative Uses
Best Use
Retail
$110.9K
$97.0K – $129.4K
NOI $7,762 @ 7.0% cap · market cap 5.97%
Second Best
Office B
$106.4K
$93.1K – $124.1K
NOI $7,448 @ 7.0% cap · market cap 5.73%
Theoretical Best
Office A
$151.3K
$132.4K – $176.5K
NOI $10,592 @ 7.0% cap · market cap 8.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Classic Cup LLC
Cafe & Coffee Shop
FAQs
What type of property is this?
Office units - Single-story flex building with open work area, private office, and interior plus exterior restrooms for small business use.
Where is this office units located?
The property is located at 2627 Veterans Memorial Drive Abbeville, LA.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Commercial space with open work area, private office, and interior restroom plus an exterior restroom; City water, sewer, and electricity available; public water connected; Central heating and central air conditioning
