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Lafayette Retail/Gym Space Available
For Lease
$10 SF/Yr

801-803 W University Avenue, Lafayette, LA 70506

COMMERCIAL - Lafayette, LA

Space SizeContact for details
Lot Size0.26 Acres
Days on Market629

Property Features for 801-803 W University Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning MN1
Parking 12
Parking features Off Street, On Street
Exterior features Door Sign
Lot features Corner
Directions Congress towards Evangeline Thruway, right on University, property will be on the right after.
Subdivision G3
Standard status Active
APN 6032397
Size 4,174 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Description PAR OF GRO (73X150) FRONT- INGAZALEA ST 85-42846 LESS (61.1 SQFT) TO DEPT OF HWYS
Legal Description PAR OF GRO (73X150) FRONT- INGAZALEA ST 85-42846 LESS (61.1 SQFT) TO DEPT OF HWYS

Utilities

Heating system Natural Gas, Central
Cooling system Central Air
Water source Public

Building Details

Floors in Building 1
Listing Agency: The Gleason Group
Listed By: Lisa Viator · License #912122026
Added: Nov 20, 2024 Changed: Aug 4 Last Checked: Aug 11 at 11:06PM
MLS# 24010687

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 space, suitable for retail, athletic gyms, or dance studios, is located in a high-traffic area of Lafayette, LA. The property offers 4174 square feet of space on a 0.26-acre lot. The landlord is willing to build to suit. Additional space is available. The zoning is MN1.

Key Highlights

  • Landlord will build to suit for the right tenant and layout needs
  • Central heating with natural gas
  • Central air conditioning

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick HVAC Service Pharmacy Storage Facility Kitchen & Bath Showroom Home Appliance Store (Bike/Boat/Book/etc) Store

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

NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,927
Businesses Nearby

Demographics for 70506, LA

39,801
Population
20,296
Households
2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
1,914
Density / Sq Mi
$55,553
Median Household Income
$38,764
Median Earnings
$1,024
Median Rent
$215,700
Median Home Value

Market

Lease Benchmarks for Lafayette, LA

$19 /SF/Yr
Avg Asking Price
$10–$35 /SF/Yr
Price Range
6,990 SF
Avg Space Size

This space is priced 47% below the average of $19 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail or gym space in high-traffic Lafayette area.
Where is this retail space located?
The property is located at 801-803 W University Avenue Lafayette, LA.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Landlord will build to suit for the right tenant and layout needs; Central heating with natural gas; Central air conditioning
More about this property
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