Two-Level Office
For Sale
$679,000
120 Clinton Street, Lafayette, LA 70501
Commercial Sale, Lafayette, LA
Property Size4,000 SF
Lot Size0.10 Acres
Price / SF$169.75
Days on Market14
Property Features for 120 Clinton Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
D
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking
12
Parking features
Parking Lot
Lot features
Level
Directions
Johnston Street towards Evangeline Thruway. Left on Clinton Street. The building and parking lot is on the Left.
Subdivision
G2
Standard status
Active
APN
6092076
Size
4,000 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Description
Portion of LOTS 24 30 31 32 MOUTON ADD
Legal Description
Portion of LOTS 24 30 31 32 MOUTON ADD
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
2
Flooring type
Carpet
Building materials
Brick
Roof type
Tar/Gravel
Buildings
1
Listing Agency:
Compass · ERA Real Estate
(337) 233-9700
Listed By:
Debbie Greene · License #0995700583
(337) 962-6945
Added: Oct 10
Changed: Oct 23
Last Checked: Oct 23 at 2:06PM
MLS# 2600009566
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 two-level office building contains approximately 4,000 square feet on a 0.1-acre parcel. Brick construction, carpeted floors, central heating and air conditioning, and two bathrooms are among its existing features. A parking lot provides on-site parking. Natural gas is available, and the property is served by public water and sewer. Zoning is D.
At 120 Clinton Street in Lafayette, the property is near downtown restaurants, shops, and entertainment. The building’s configuration and location are factual attributes; any proposed use remains subject to zoning, permitting, and applicable approvals.
At 120 Clinton Street in Lafayette, the property is near downtown restaurants, shops, and entertainment. The building’s configuration and location are factual attributes; any proposed use remains subject to zoning, permitting, and applicable approvals.
Key Highlights
- Approximately 4,000 square feet across two levels
- 0.1‑acre parcel with on‑site parking lot
- D zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,548
Cap Rate
6.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$930,960
$931.0K
Cap Rate 7%
$664,971
$665.0K
Cap Rate 9%
$517,200
$517.2K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$72.0K $18.00/SF
− Vacancy
−$9.9K −$2.48/SF
EGI
$62.1K $15.52/SF
− OpEx
−$15.5K −$3.88/SF
NOI
$46.5K $11.64/SF
Area
Lafayette, LA
Vacancy
13.80%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$930,960
Cap Rate 7%
$664,971
Cap Rate 9%
$517,200
Alternative Uses
Best Use
Office B
$665.0K
$581.9K – $775.8K
NOI $46,548 @ 7.0% cap · market cap 6.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$945.7K
$827.5K – $1.10M
NOI $66,202 @ 7.0% cap · market cap 9.75%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,365
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Downtown Lafayette property includes on-site parking and public water and sewer service.
Where is this office building located?
The property is located at 120 Clinton Street Lafayette, LA.
What is the asking price?
The asking price for this property is $679,000.
What are key features of this property?
This property features: Approximately 4,000 square feet across two levels; 0.1‑acre parcel with on‑site parking lot; D zoning
