Retail Space with Front
For Sale
$199,900
205 E Saint Victor Street, Abbeville, LA 70510
Commercial Sale, Abbeville, LA
Property Size1,300 SF
Lot Size0.25 Acres
Price / SF$153.77
Days on Market32
Property Features for 205 E Saint Victor Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Mixed
Parking features
Covered, Parking Lot
Directions
Coming down Veterans Memorial Dr, Take N State St to E St Victor St, Destination will be on the left
Subdivision
V1
Standard status
Active
APN
Ra232500
Size
1,300 SF
Lot size
0.25 Acres
Additional Details
Property Use
Office
Taxes and HOA fees
Tax Description
.25 AC IN SEC 47 T 12 R 3 E BEING POR OF LOT 37 & 38 BOETS ADD (PLAT 2025001357) 2025001357 IMP
Tax Annual Amount
1061
Legal Description
.25 AC IN SEC 47 T 12 R 3 E BEING POR OF LOT 37 & 38 BOETS ADD (PLAT 2025001357) 2025001357 IMP
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Amenities
handicap accessibility
charming front porch
covered parking
ample additional parking
Building Details
Roof type
Composition
Listing Agency:
Real Broker, LLC
(337) 534-0555
Listed By:
Stoney Richard · License #995714987
(337) 652-2716
Added: Sep 22
Changed: Oct 23
Last Checked: Oct 23 at 12:06PM
MLS# 2600008906
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 1,300-square-foot retail property sits on a 0.25-acre parcel at 205 E Saint Victor Street in Abbeville. The building has a front porch, accessibility features, central heating and air conditioning, and a composition roof. Covered parking and an additional parking lot serve the property.
The site is near downtown Abbeville and St. Mary Magdalen Catholic Church. Zoning is listed as Mixed. Natural gas is available, and the property is connected to public sewer.
The site is near downtown Abbeville and St. Mary Magdalen Catholic Church. Zoning is listed as Mixed. Natural gas is available, and the property is connected to public sewer.
Key Highlights
- 1,300 square feet on a 0.25‑acre parcel
- Accessibility features and a front porch
- Covered parking plus an on‑site parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,766
Cap Rate
7.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,320
$315.3K
Cap Rate 7%
$225,229
$225.2K
Cap Rate 9%
$175,178
$175.2K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$24.5K $18.84/SF
− Vacancy
−$2.0K −$1.51/SF
EGI
$22.5K $17.33/SF
− OpEx
−$6.8K −$5.20/SF
NOI
$15.8K $12.13/SF
Area
Vermilion County, LA
Vacancy
8.04%
Lease Rate
$18.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,320
Cap Rate 7%
$225,229
Cap Rate 9%
$175,178
Alternative Uses
Best Use
Retail
$225.2K
$197.1K – $262.8K
NOI $15,766 @ 7.0% cap · market cap 7.89%
Second Best
Office B
$216.1K
$189.1K – $252.1K
NOI $15,128 @ 7.0% cap · market cap 7.57%
Theoretical Best
Office A
$307.4K
$269.0K – $358.6K
NOI $21,516 @ 7.0% cap · market cap 10.76%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
588
Businesses Nearby
Explore this area
Business Placement
Demographics for 70510, LA
24,074
Population
11,603
Households
2.1
Avg Household Size
40
Median Age
18%
College-Educated
82%
High-School Grad
233.0 sq mi
ZIP Area
103
Density / Sq Mi
$50,881
Median Household Income
$37,079
Median Earnings
$789
Median Rent
$150,400
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Retail space - An accessible commercial property includes covered parking and additional spaces in an on-site lot.
Where is this retail space located?
The property is located at 205 E Saint Victor Street Abbeville, LA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 1,300 square feet on a 0.25‑acre parcel; Accessibility features and a front porch; Covered parking plus an on‑site parking lot
