Storefront Property with
For Sale
$350,000
1706 S Main St, Saint Martinville, LA 70582
Compact commercial building with dedicated offices, restroom, parking, and side and rear outdoor areas.
Property Size1,375 SF
Price / SF$254.55
Days on Market141
Property Features for 1706 S Main St
General Information
Standard status
Active
Size
1,375 SF
Listing Agency:
Keller Williams Realty Acadiana
Listed By:
Jayde Landry, Blake Landry · License #995709224
(337) 735-9300
Source:
Athomerealtyla
Added: May 28
Changed: Sep 30
Last Checked: Oct 7 at 3:29PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Acadiana
Investment Insights
Based on property information with market context.
This 1,375-square-foot storefront building in Saint Martinville includes two offices, one restroom, four parking spaces, and green space along the side and rear. The property currently houses A Fashion Nails Salon, providing an existing commercial setting for the current business or a future retail or service concept.
Positioned on S Main St, the building offers exposure along Main Street and convenient proximity to popular local businesses. Its straightforward layout and outdoor areas provide a practical foundation for continued salon use or repositioning within a storefront-oriented commercial setting.
Positioned on S Main St, the building offers exposure along Main Street and convenient proximity to popular local businesses. Its straightforward layout and outdoor areas provide a practical foundation for continued salon use or repositioning within a storefront-oriented commercial setting.
Key Highlights
- 1,375‑square‑foot storefront building
- Two offices and one restroom
- Four parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,347
Cap Rate
3.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$266,940
$266.9K
Cap Rate 7%
$190,671
$190.7K
Cap Rate 9%
$148,300
$148.3K
Market Conditions
NOI Build-Up for 1,375 SF
Gross rent
$20.0K $14.52/SF
− Vacancy
−$898 −$0.65/SF
EGI
$19.1K $13.87/SF
− OpEx
−$5.7K −$4.16/SF
NOI
$13.3K $9.71/SF
Area
St. Martin County, LA
Vacancy
4.50%
Lease Rate
$14.52 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$266,940
Cap Rate 7%
$190,671
Cap Rate 9%
$148,300
Alternative Uses
Best Use
Retail
$190.7K
$166.8K – $222.5K
NOI $13,347 @ 7.0% cap · market cap 3.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$302.0K
$264.2K – $352.3K
NOI $21,137 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
83
Businesses Nearby
29k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 70%
Shops & Services 30%
McDonald's
Dining
12,740 visits/mo
0.3 miles
SONIC Drive In
Dining
7,806 visits/mo
0.2 miles
Chevron
Shops & Services
2,885 visits/mo
0.4 miles
Shell
Shops & Services
2,476 visits/mo
0.4 miles
O'Reilly Auto Parts
Shops & Services
1,748 visits/mo
0.5 miles
Demographics for 70582, LA
19,088
Population
9,122
Households
2.1
Avg Household Size
41
Median Age
13%
College-Educated
84%
High-School Grad
148.0 sq mi
ZIP Area
129
Density / Sq Mi
$46,690
Median Household Income
$36,265
Median Earnings
$787
Median Rent
$149,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Storefront property - Compact commercial building with dedicated offices, restroom, parking, and side and rear outdoor areas.
Where is this storefront property located?
The property is located at 1706 S Main St Saint Martinville, LA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,375‑square‑foot storefront building; Two offices and one restroom; Four parking spaces
