Restaurant Building with Central
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 Market60
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 1, Bathroom 2, Bathroom 3, Bathroom 4
Parking
40
Lot features
Corner Lot
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
Tax Annual Amount
4528
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
Building materials
Frame
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 28
Last Checked: Oct 29 at 6:06AM
MLS# 2600008251
Copyright © 2026 ROAM MLS. 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.
This 7,380-square-foot restaurant building occupies a 0.72-acre site and is constructed with a frame structure. Interior finishes include tile and wood flooring, with four bathrooms. Central heating and air conditioning serve the building, which has a metal roof.
Located at 101 E 2nd Street in Broussard, the property has public water and sewer service. The sale also includes the parcel identified as 300 Blk Avenue B, parcel 6028897; furniture, fixtures, and equipment are not included.
Located at 101 E 2nd Street in Broussard, the property has public water and sewer service. The sale also includes the parcel identified as 300 Blk Avenue B, parcel 6028897; furniture, fixtures, and equipment are not included.
Key Highlights
- 7,380‑square‑foot restaurant building on a 0.72‑acre site
- Sale includes adjacent parcel 300 Blk Avenue B (parcel 6028897)
- C1 zoning
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - C1-zoned restaurant property includes an additional adjacent lot.
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; Sale includes adjacent parcel 300 Blk Avenue B (parcel 6028897); C1 zoning
