Turn-Key Salon or Office
420 W Walnut Eunice, LA 70535
420 W Walnut, Eunice, LA, 70535
$165,000
For Sale
$165,000
COMMERCIAL - Eunice, LA
Property Size1,039 SF
Lot Size0.16 Acres
Price / SF$158.81
Days on Market26
Property Features for 420 W Walnut
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking
- 8
- Parking features
- Parking Lot
- Exterior features
- Pole Sign, Stabilized Yard Base
- Standard status
- Active
- APN
- 0601554000
- Size
- 1,039 SF
- Lot size
- 0.16 Acres
Taxes and HOA fees
- Tax Description
- East half of Lot 1 & 2 of Block 15 (71' x 100')
Utilities
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Building materials
- Stucco
- Roof type
- Composition
Listing Agency
DCG/Aguillard Realty
(337) 457-9385
101 N 7th Street, Eunice, LA
Listed by
Raymond A Aguillard · License #59516
(337) 580-3705
Added: Jun 26 Updated: Jun 30 at 5:36 am Checked: Jul 21 at 4:06 am
MLS# 2600005849
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 turn-key commercial property is currently set up as a salon, with an open main area for stations plus separate office space, a kitchen/breakroom area, and a bathroom. The building is sized as a small commercial facility with 1,039 square feet of space.
The property is located at 420 W Walnut in Eunice, Louisiana, within Commercial zoning. Customer parking is available in front, and employee parking is located in the rear. The seller notes that the operating business is not included in the listing, and the business will continue operating as normal; appointments are required.
With its existing station-based layout, private office component, and dedicated breakroom and bathroom, the space is well suited for professional service tenants such as those operating offices (including uses noted in the remarks such as attorney, CPA, insurance, and similar businesses). It may also fit retail needs or continuing wellness/beauty uses consistent with the current configuration, subject to applicable requirements for the intended use.
The property is located at 420 W Walnut in Eunice, Louisiana, within Commercial zoning. Customer parking is available in front, and employee parking is located in the rear. The seller notes that the operating business is not included in the listing, and the business will continue operating as normal; appointments are required.
With its existing station-based layout, private office component, and dedicated breakroom and bathroom, the space is well suited for professional service tenants such as those operating offices (including uses noted in the remarks such as attorney, CPA, insurance, and similar businesses). It may also fit retail needs or continuing wellness/beauty uses consistent with the current configuration, subject to applicable requirements for the intended use.
Key Highlights
- Stucco building with central heating and central air and electric heating
- Composition roof
- On‑site parking lot with customer parking in front and employee parking in rear
Local Financial Insights For Office B
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 | $12.5k | $12.00 |
| − Vacancy | −$1.9k | −$1.80 |
| EGI | $10.6k | $10.20 |
| − OpEx | −$2.6k | −$2.55 |
| NOI | $7.9k | $7.65 |
1,039 SF · lease $12.00/SF/yr · vacancy 15.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$113.5K
$99.4K – $132.5K
NOI $7,948 @ 7.0% cap · market cap 4.82%
Second Best
Retail
$103.2K
$90.3K – $120.4K
NOI $7,226 @ 7.0% cap · market cap 4.38%
Theoretical Best
Office A
$156.7K
$137.2K – $182.9K
NOI $10,972 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Images Salon
Hair Salon
Similar For Sale Nearby
FAQs
What type of property is this?
Spa & wellness property - Turn-key commercial building configured for salon use with customer and employee parking.
Where is this spa & wellness property located?
The property is located at 420 W Walnut Eunice, LA.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Stucco building with central heating and central air and electric heating; Composition roof; On‑site parking lot with customer parking in front and employee parking in rear
