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Storefront with Office Space

1706 S Main Street, Saint Martinville, LA 70582

For Sale
$350,000

Commercial Sale, St. Martinville, LA

Property Size1,375 SF
Lot Size0.24 Acres
Price / SF$254.55
Days on Market283

Property Features for 1706 S Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning Commercial
Bathrooms 1
Full bathrooms 1
Rooms Bathroom 1
Parking 4
Parking features Parking Lot
Subdivision Not a Subdivision
Lot features Level
Directions From Lafayette: Hwy 90 to LA 182/Cade/St Martinville exit. turn left onto Smede Hwy, 3rd exit at roundabout to Hwy 31 into St Martinville. Go .9 miles, property will be on the left
Standard status Active
APN 17201i1964
Size 1,375 SF
Lot size 0.24 Acres

Tenancy & Operations

Currently Operating Yes
Business Included Yes

Taxes and HOA fees

Tax Description LOT: 30' X 67' FOOD & FUN, LEACH, LEACH, LEACH (BEING A PORTION OF PARCEL ''B'' PER PLAT OF SURVEY #182443)COB: 767-725-182443 1062-046-244400 1259-080-284848 1533-757-423757 LOT: 7,343 SQ. FT. (MORE OR LESS) FOOD-N-FUN & PHAM, LEACH & PHAM, EVANGELINE
Tax Annual Amount 1186
Legal Description LOT: 30' X 67' FOOD & FUN, LEACH, LEACH, LEACH (BEING A PORTION OF PARCEL ''B'' PER PLAT OF SURVEY #182443)COB: 767-725-182443 1062-046-244400 1259-080-284848 1533-757-423757 LOT: 7,343 SQ. FT. (MORE OR LESS) FOOD-N-FUN & PHAM, LEACH & PHAM, EVANGELINE

Utilities

Utilities Natural Gas Available
Sewer type Private Sewer
Heating system Natural Gas, Heat Pump (Heating), Central
Cooling system Central Air
Water source Public

Building Details

Year built 2010
Floors in Building 1
Flooring type Tile - Ceramic
Building materials Frame
Roof type Metal
Listing Agency: Keller Williams Realty Acadiana
Listed By: Jayde Landry · License LA #995709224
Added: Feb 4 Changed: Nov 12 Last Checked: Nov 13 at 8:06PM
MLS# 2600000688

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.

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

Built in 2010, this 1,375-square-foot storefront sits on a 0.24-acre parcel and is currently occupied by A Fashion Nails Salon. The frame building has ceramic tile flooring, a metal roof, central air conditioning, and central heating with natural gas and heat pump service. Public water and private sewer serve the property.

Located at 1706 S Main Street in St. Martinville, the property includes a parking lot with four spaces and green space along the side and rear. The interior also has two offices and one restroom. Commercial zoning and the existing storefront configuration support retail or service use.

Key Highlights

  • 1,375‑square‑foot storefront on a 0.24‑acre parcel
  • Currently occupied by A Fashion Nails Salon
  • Two offices and one restroom

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 (±1% cap)
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 (±1% cap)
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

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Building Supply Dental Office Big Box & Wholesale Store Restaurant Auto Repair Shop Auto Parts Store

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

118
Businesses Nearby
9k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 82% Dining 18%
Dollar General Shops & Services
6,300 visits/mo 0.1 miles
Watermill Express Shops & Services
1,349 visits/mo 0.1 miles
Pizza Hut Dining
1,220 visits/mo 0.1 miles
Wingstreet Dining
449 visits/mo 0.1 miles
Fred's Super Dollar Shops & Services
161 visits/mo 0.4 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
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - The commercial layout includes two offices, a restroom, and on-site parking.
Where is this storefront property located?
The property is located at 1706 S Main Street 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 on a 0.24‑acre parcel; Currently occupied by A Fashion Nails Salon; Two offices and one restroom
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