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Office Building with Four Private Offices

1014 W University Avenue, Lafayette, LA 70506

For Lease
$3,000/Mo
Pending

Commercial Lease, Lafayette, LA

Space SizeContact for details
Lot Size0.22 Acres
Days on Market32

Property Features for 1014 W University Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning MN-1
Bathrooms 2
Full bathrooms 2
Rooms Bathroom 2, Bathroom 1
Parking 7
Parking features Parking Lot
Subdivision Souvenir Heights
Lot features Rolling Slope
Directions North on University towards Congress. Office is on right before Lafayette Middle School
Standard status Pending
APN 6025063
Size 1,400 SF
Lot size 0.22 Acres

Additional Details

Condition Move-in Ready

Taxes and HOA fees

Tax Description 4830-80-10030-80-15184 & 80-15185- P LOT 5 ALL LOTS 6-27 & 28 & S 17 FT LOT 7 BLK 3 SOUVENIR HEIGHTS SUB (54.5X64X11X161.8 ON COLLEGE AVE)
Tax Annual Amount 1513
Legal Description 4830-80-10030-80-15184 & 80-15185- P LOT 5 ALL LOTS 6-27 & 28 & S 17 FT LOT 7 BLK 3 SOUVENIR HEIGHTS SUB (54.5X64X11X161.8 ON COLLEGE AVE)

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central
Cooling system Central Air
Water source Public

Amenities

reception area
client bathroom
built-in reception desk
sliding glass window
natural light
storage cabinetry
galley kitchen
technology closet
employee bathroom with shower

Building Details

Floors in Building 1
Flooring type Wood, Carpet, Tile - Ceramic
Building materials Frame
Roof type Composition
Listing Agency: Keaty Real Estate Team
Listed By: Tyler Albrecht · License #0995697749
Added: Oct 7 Changed: Nov 4 Last Checked: Nov 7 at 7:06AM
MLS# 2600009464L

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 1,400-square-foot office building sits on a 0.22-acre parcel and is configured with a reception area, built-in desk, sliding glass window, four private offices, and a galley kitchen. Natural light and storage cabinetry serve the interior, which also includes separate client and employee bathrooms; the employee bathroom has a shower. Wood, carpet, and ceramic tile flooring are present. The frame building has central electric heating and central air conditioning.

The property is at 1014 W University Avenue in Lafayette, between Downtown Lafayette and the Saint Streets, and along the Cathedral-Carmel school pickup line. A concrete parking lot provides seven spaces. The building and lot were recently pressure washed, and the interior has been freshly painted. The HVAC system is regularly serviced; attic insulation and whirlybird vents are new, and the electrical and plumbing systems are up to date. Zoning is MN-1, with public water and sewer service.

Key Highlights

  • 1,400‑square‑foot office building on a 0.22‑acre parcel
  • Four private offices, reception area, galley kitchen, and separate client and employee bathrooms
  • Concrete parking lot with seven spaces

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Louis M Corne Law Firm Quality Painting Contractors Painting Service

Suggested Use

Top Pick HVAC Service Pharmacy Storage Facility Kitchen & Bath Showroom Locksmith Daycare Center

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
$3.86 /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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lafayette, LA

$16.43 /SF/Yr
Avg Asking Price
$12–$25.71 /SF/Yr
Price Range
25,994 SF
Avg Space Size

This space is priced 56% above the average of $16.43 /SF/Yr.

Average Price Trend$/SF/Yr for Office buildings in Lafayette, LA

$45.01 Jul
$45.47 Aug
$42.18 Sep
$16.43 Oct

Properties on Market for Office buildings in Lafayette

Jul
Aug
Sep
Oct

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office building - The interior includes a reception area, four private offices, a galley kitchen, and bathrooms for clients and staff.
Where is this office building located?
The property is located at 1014 W University Avenue Lafayette, LA.
What is the lease rate?
The lease rate is $3,000/Mo.
What are key features of this property?
This property features: 1,400‑square‑foot office building on a 0.22‑acre parcel; Four private offices, reception area, galley kitchen, and separate client and employee bathrooms; Concrete parking lot with seven spaces
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Includes: Price & PSF · Cap rate · Location · Zoning

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