Mixed-Use Commercial
For Sale
$479,000
106 Saint Charles Street, Grand Coteau, LA 70541
Commercial Sale, Grand Coteau, LA
Property Size4,000 SF
Lot Size0.70 Acres
Price / SF$119.75
Days on Market194
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
Directions
I-49 North to exit 11 for LA-93 toward Sunset/Grand Coteau, turn right onto LA-93 turn right onto E MLK Dr (which is St Charles) Station is in the curve.
Subdivision
L1
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
Legal 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
Sewer type
Public Sewer
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
Listed By:
Andrea Laborde · License #0995690746
(337) 277-6503
Added: Apr 10
Changed: Oct 8
Last Checked: Oct 20 at 2:06PM
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.
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Investment Insights
Based on property information with market context.
This 4,000-square-foot commercial property sits on a 0.7-acre parcel in Grand Coteau and carries a commercial zoning designation. The building has a metal roof, central heating and central air conditioning, plus door and pole signs. A parking lot serves the property.
Its prior business configuration included a gas station, convenience store, deli, daiquiri shop, game room, and poker room. The property is served by public water and public sewer.
Its prior business configuration included a gas station, convenience store, deli, daiquiri shop, game room, and poker room. The property is served by public water and public sewer.
Key Highlights
- 4,000‑square‑foot building on a 0.7‑acre parcel
- Prior business configuration included a gas station, convenience store, deli, daiquiri shop, game room, and poker room
- Commercial zoning designation
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,833
Cap Rate
8.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$776,660
$776.7K
Cap Rate 7%
$554,757
$554.8K
Cap Rate 9%
$431,478
$431.5K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$55.2K $13.80/SF
− Vacancy
−$3.4K −$0.86/SF
EGI
$51.8K $12.94/SF
− OpEx
−$12.9K −$3.24/SF
NOI
$38.8K $9.71/SF
Area
St. Landry County, LA
Vacancy
6.20%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$776,660
Cap Rate 7%
$554,757
Cap Rate 9%
$431,478
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 authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
190
Businesses Nearby
2k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 100%
Huddle House
Dining
2,446 visits/mo
0.2 miles
Demographics for 70541, LA
733
Population
509
Households
1.4
Avg Household Size
50
Median Age
12%
College-Educated
59%
High-School Grad
2.1 sq mi
ZIP Area
349
Density / Sq Mi
$53,625
Median Household Income
$22,052
Median Earnings
$679
Median Rent
$86,600
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?
Mixed-use property - The building has central heating and air conditioning, with a parking lot and pole and door signage.
Where is this mixed-use property 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: 4,000‑square‑foot building on a 0.7‑acre parcel; Prior business configuration included a gas station, convenience store, deli, daiquiri shop, game room, and poker room; Commercial zoning designation
