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Warehouse with Retail Area
For Sale
$752,000

115 E 3rd Street, Lafayette, LA 70501

Commercial Sale, Lafayette, LA

Property Size19,519 SF
Lot Size1.29 Acres
Price / SF$38.53
Days on Market33

Property Features for 115 E 3rd Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning I1
Parking features Parking Lot
Lot features Corner Lot, Level
Directions From University and W. Congress, head towards downtown on W. Congress, cross the railroad tracks, and the building (former Salvation Army Thrift Store) will be on the left.
Subdivision G3
Standard status Active
APN 6001950
Size 19,519 SF
Lot size 1.29 Acres

Additional Details

Mixed-Use Components warehouse, retail
Property Use Warehouse, Retail

Taxes and HOA fees

Tax Description LOTS 12-13-14-15-16-17-18-19-20-21-22-23 BLK 15 MCCOMB ADD(196400461755) AN ALLEY ADJOINING THE ABOVE LOTS E P OF LOTS 1-2-3-4-5-6-7-8-9-10-11 BLK 15 MCCOMB ADD(196600489816)
Legal Description LOTS 12-13-14-15-16-17-18-19-20-21-22-23 BLK 15 MCCOMB ADD(196400461755) AN ALLEY ADJOINING THE ABOVE LOTS E P OF LOTS 1-2-3-4-5-6-7-8-9-10-11 BLK 15 MCCOMB ADD(196600489816)

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Floors in Building 1
Flooring type Vinyl, Tile
Building materials Block, Metal Siding
Roof type Metal, Tar/Gravel
Listing Agency: Keller Williams Realty Acadiana
Listed By: Walter Campbell · License #51344
Added: Sep 21 Changed: Oct 23 Last Checked: Oct 23 at 3:06PM
MLS# 2600008830

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 mixed-use property combines a substantial warehouse with a dedicated retail area. The 19,519-square-foot building has both dock-high and ground-level access, a parking lot, block and metal siding construction, and a metal and tar-and-gravel roof. Interior finishes include tile and vinyl flooring, with central heating and air conditioning.

The 1.29-acre site is at 115 E 3rd Street in Lafayette, near downtown. Zoning is I1. Public water and sewer serve the property, and natural gas is available.

Key Highlights

  • 19,519‑square‑foot building with warehouse and retail area
  • Dock‑high and ground‑level access
  • 1.29‑acre site at 115 E 3rd Street in Lafayette

Property Analytics

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Current Use

Salvation Army Thrift ... Discount Store

Suggested Use

Top Pick HVAC Service Kitchen & Bath Showroom Storage Facility Pharmacy (Bike/Boat/Book/etc) Store Plumbing Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,852
Businesses Nearby

Demographics for 70501, LA

28,721
Population
12,657
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
78%
High-School Grad
15.3 sq mi
ZIP Area
1,877
Density / Sq Mi
$31,723
Median Household Income
$25,281
Median Earnings
$867
Median Rent
$117,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Industrial zoning, dock-high and ground-level loading, and on-site parking support a range of commercial operations.
Where is this mixed-use property located?
The property is located at 115 E 3rd Street Lafayette, LA.
What is the asking price?
The asking price for this property is $752,000.
What are key features of this property?
This property features: 19,519‑square‑foot building with warehouse and retail area; Dock‑high and ground‑level access; 1.29‑acre site at 115 E 3rd Street in Lafayette
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