Grand Coteau Commercial
106 Saint Charles Street Grand Coteau, LA 70541
106 Saint Charles Street, Grand Coteau, LA, 70541
$479,000
For Sale
$479,000
COMMERCIAL - Grand Coteau, LA
Property Size4,000 SF
Lot Size0.70 Acres
Price / SF$119.75
Days on Market102
Property Features for 106 Saint Charles Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- com
- Parking features
- Parking Lot
- Exterior features
- Door Sign, Pole Sign
- Standard status
- Active
- APN
- 0200547900
- Size
- 4,000 SF
- Lot size
- 0.70 Acres
Taxes and HOA fees
- Tax Description
- 1 LOT 1 (.30 AC) TRIANGULAR IN SHAPE (37.80X175.53X110.80X191.13) NE HWY 93 SW CHATRAIN ST SE LEGER IN SEC 93 T-7S R-4E FRONTING 37.80' ON CHATRAIN ST 1 LOT 2 (100X174.54X175.53X100) (.402 AC) NE HY 93 NW LOT 1 SW CHATRAIN ST SE MUT IN SEC 93 T-7S R-4E FR
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Roof type
- Metal
Listing Agency
Guidry & Co. Real Estate, Inc.
(337) 984-4345
P.O. Box 80508, Lafayette, LA
Listed by
Andrea Laborde · License #0995690746
(337) 277-6503
Added: Apr 10 Updated: Jun 4 at 5:36 am Checked: Jul 20 at 3:06 pm
MLS# 2600003143
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 property in Grand Coteau, Louisiana, presents an income-producing opportunity with excellent access and visibility just off I-49. The property, previously a multi-use business, includes a gas station, convenience store, deli, daiquiri shop, game room, and poker room. The property is ideally suited for generating multiple streams of revenue. The building has a size of 4000 square feet and is situated on a lot of 0.7 acres. The zoning is commercial. The property is located at 106 Saint Charles Street, Grand Coteau, LA 70541, in St. Landry County.
Key Highlights
- Excellent access and visibility off I‑49
- Income‑producing opportunity
- Previously a multi‑use business (gas station, convenience store, deli, daiquiri shop, game room, poker room)
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $55.2k | $13.80 |
| − Vacancy | −$3.4k | −$0.86 |
| EGI | $51.8k | $12.94 |
| − OpEx | −$12.9k | −$3.24 |
| NOI | $38.8k | $9.71 |
4,000 SF · lease $13.80/SF/yr · vacancy 6.20% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$554.8K
$485.4K – $647.2K
NOI $38,833 @ 7.0% cap · market cap 8.11%
Second Best
Retail
$397.4K
$347.8K – $463.7K
NOI $27,821 @ 7.0% cap · market cap 5.81%
Theoretical Best
Office A
$603.4K
$528.0K – $704.0K
NOI $42,240 @ 7.0% cap · market cap 8.82%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Grocery and convenience stores
Similar Off Market Nearby
- Harps Food Stores — 147 Oak Tree Park Dr, Sunset, LA 70584
FAQs
What type of property is this?
Grocery and convenience store - Income-producing commercial property with excellent access and visibility.
Where is this grocery and convenience store located?
The property is located at 106 Saint Charles Street Grand Coteau, LA.
What is the asking price?
The asking price for this property is $479,000.
What are key features of this property?
This property features: Excellent access and visibility off I‑49; Income‑producing opportunity; Previously a multi‑use business (gas station, convenience store, deli, daiquiri shop, game room, poker room)
