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    403 S Buchanan St Lafayette, LA 70501

    Sponsored
    Picture of Retail space at S Buchanan St 403, Lafayette, LA
    For Sale
    $450,000

    Professional/Office,Retail - Lafayette, LA

    Property size:
    2,521 SF
    Lot size:
    0.58 Acres
    Days on Market:
    119
    Last Refresh:
    Jan 8 at 8:06 pm

    Property Features for 403 S Buchanan St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Cbd
    Parking
    2
    Parking features
    Assigned, On Street
    Interior features
    Fire Sprinklers, Window Display
    Size
    2,521 SF
    Lot size
    0.58 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Building materials
    Brick
    Roof type
    Concrete
    Architectural style
    Other

    Latter & Blum Holdings LLC (504) 569-9369 [email protected]

    Listing agent Setareh Mirian (337) 233-9700

    Listing date Sep 12, 2025

    MLS# 2500003385 Listing URL

    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.

    Overview

    Corner Unit in Lafayette, LA

    This property, located in Lafayette, LA, offers an excellent investment opportunity with an existing long-term tenant. The corner unit is well-maintained and features high visibility. The property has a size of 2521 square feet and is situated on a lot of 0.58 acres. Ease of parking is available along the street, with access to a paid parking lot across the street. The zoning is Cbd. The property can be used as professional/office or retail.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Voodoo 5 Motor Scooter Dealer Buchanan Lofts Hotel Cajun Stays - Buchanan ... Hostel Un-Wine'D Bar & Grill Refinery Downtown Barber Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.017995
    Latitude
    30.2266985

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    FAQs

    What type of property is this?
    Retail space - Well-maintained corner unit with high visibility and long-term tenant.
    Where is this retail space located?
    The property is located at 403 S Buchanan St Lafayette, LA.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Excellent investment opportunity with existing long-term tenant.; - High visibility corner unit.; - Well-maintained with tons of character.
    (337) 233-9700
    Request Owner's contact information
    403 S Buchanan St Lafayette, LA 70501
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    Lafayette, LA 70501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    403 S Buchanan St Lafayette, LA 70501
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