Four-Office Building with
New
For Lease
$219,999
1014 W University Avenue, Lafayette, LA 70506
Commercial Lease, Lafayette, LA
Space SizeContact for details
Lot Size0.22 Acres
Days on Market7
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
Off Street, Parking Lot
Security features
Security System
Exterior features
Door Sign
Subdivision
Souvenir Hgts
Lot features
Sloping, Views
Directions
North on University towards Congress. Office is on right before Lafayette Middle School
Standard status
Active
APN
6025063
Size
1,400 SF
Lot size
0.22 Acres
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)
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
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Wood, Tile - Ceramic, Carpet - Full
Roof type
Composition
Listing Agency:
Keaty Real Estate Team
(337) 235-7770
Listed By:
Tyler Albrecht · License #0995697749
(337) 780-9698
Added: Oct 7
Changed: Oct 13
Last Checked: Oct 13 at 8:06AM
MLS# 2600009464
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 1,400-square-foot office building has a reception area with a built-in desk, sliding glass window, natural light, and storage cabinetry. Four private offices branch off the main hallway, alongside a galley kitchen and a dedicated technology closet. The space also includes a client restroom and a staff restroom with a shower. Recent work includes fresh interior paint, new attic insulation, and whirlybird vents; the HVAC system receives regular service, and the electrical and plumbing systems are described as up to date.
The property occupies 0.22 acres at 1014 W University Avenue in Lafayette, with exposure along a major thoroughfare and the Cathedral-Carmel school pickup line. A seven-car concrete parking lot serves the building, and the site includes a door sign. Zoning is MN-1, with public water and public sewer.
The property occupies 0.22 acres at 1014 W University Avenue in Lafayette, with exposure along a major thoroughfare and the Cathedral-Carmel school pickup line. A seven-car concrete parking lot serves the building, and the site includes a door sign. Zoning is MN-1, with public water and public sewer.
Key Highlights
- 1,400 square feet of office space with four private offices
- Reception area with built‑in desk, glass window, natural light, and storage cabinetry
- Seven‑car concrete parking lot
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,927
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Lafayette, LA
$48.09 /SF/Yr
Avg Asking Price
$12–$273 /SF/Yr
Price Range
11,445 SF
Avg Space Size
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - MN-1 zoning, reception facilities, and separate staff and client restrooms support an office layout.
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 $219,999.
What are key features of this property?
This property features: 1,400 square feet of office space with four private offices; Reception area with built‑in desk, glass window, natural light, and storage cabinetry; Seven‑car concrete parking lot
