Restaurant Building with Pole
For Sale
$1,100,000
101 E 2nd Street, Broussard, LA 70518
Commercial Sale, Broussard, LA
Property Size7,380 SF
Lot Size0.72 Acres
Price / SF$149.05
Days on Market51
Property Features for 101 E 2nd Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C1
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 3, Bathroom 1, Bathroom 2
Parking
40
Security features
Security System
Exterior features
OH Door < 10 Ft, Pole Sign
Lot features
Additional Land Avail, Corner
Directions
Turn left on Morgan from Main St. Corner of Morgan and Second St
Subdivision
O
Standard status
Active
APN
6025337
Size
7,380 SF
Lot size
0.72 Acres
Taxes and HOA fees
Tax Description
LOTS 11-12-13-14-15-16-17- 18-19-20 BLK 4 EAST BROUSSARD ADDITION (250X125) (OLD EDMOND COMEAUX HOME 1908) NASH'S RESTAURANT
Legal Description
LOTS 11-12-13-14-15-16-17- 18-19-20 BLK 4 EAST BROUSSARD ADDITION (250X125) (OLD EDMOND COMEAUX HOME 1908) NASH'S RESTAURANT
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
2
Flooring type
Tile, Wood
Roof type
Metal
Listing Agency:
Coldwell Banker Trahan Real Estate Group
(337) 993-1414
Listed By:
Todd Trahan · License #995687221
(337) 258-0519
Added: Aug 31
Changed: Oct 8
Last Checked: Oct 20 at 4:06PM
MLS# 2600008251
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.
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Investment Insights
Based on property information with market context.
The restaurant property contains a 7,380-square-foot building on a 0.72-acre site. Interior finishes include tile and wood flooring, with four bathrooms. The building has central heating and central air conditioning, a metal roof, an overhead door under 10 feet, and a pole sign.
Located at 101 E 2nd Street in Broussard, the property is zoned C1 and has public water service and public sewer.
Located at 101 E 2nd Street in Broussard, the property is zoned C1 and has public water service and public sewer.
Key Highlights
- 7,380‑square‑foot restaurant building on a 0.72‑acre site
- C1 zoning
- Four bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$95,895
Cap Rate
8.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,917,900
$1.9M
Cap Rate 7%
$1,369,929
$1.4M
Cap Rate 9%
$1,065,500
$1.1M
Market Conditions
NOI Build-Up for 7,380 SF
Gross rent
$139.0K $18.84/SF
− Vacancy
−$11.2K −$1.51/SF
EGI
$127.9K $17.33/SF
− OpEx
−$32.0K −$4.33/SF
NOI
$95.9K $12.99/SF
Area
Lafayette County, LA
Vacancy
8.04%
Lease Rate
$18.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,917,900
Cap Rate 7%
$1,369,929
Cap Rate 9%
$1,065,500
Alternative Uses
Best Use
Specialty Retail
$1.37M
$1.20M – $1.60M
NOI $95,895 @ 7.0% cap · market cap 8.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.74M
$1.53M – $2.04M
NOI $122,142 @ 7.0% cap · market cap 11.10%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
448
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70518, LA
16,683
Population
6,724
Households
2.5
Avg Household Size
37
Median Age
38%
College-Educated
90%
High-School Grad
41.7 sq mi
ZIP Area
400
Density / Sq Mi
$103,574
Median Household Income
$51,210
Median Earnings
$997
Median Rent
$287,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The C1-zoned restaurant property is served by public water and sewer.
Where is this conventional restaurant located?
The property is located at 101 E 2nd Street Broussard, LA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 7,380‑square‑foot restaurant building on a 0.72‑acre site; C1 zoning; Four bathrooms
