Former Coffee Shop
410 Poydras St Lafayette, LA 70501
410 Poydras St, Lafayette, LA, 70501
$380,000
For Sale
$380,000
Commercial property formerly operated as a coffee shop for sale.
Property Size2,570 SF
Price / SF$147.86
Days on Market115
Property Features for 410 Poydras St
General Information
- Standard status
- Active
- Size
- 2,570 SF
Listing Agency
Keller Williams Realty Acadiana
(337) 342-0206
Listed by
Lisa Krause · License #75531
(337) 342-0206
Source
Exprealty
Added: Mar 24 Checked: Jul 16 at 11:55 am
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 2570 square foot commercial property presents an opportunity for establishing a business. Previously operated as a coffee shop, the property's existing setup allows for various business concepts. Potential uses include a coffee shop, lunch house, jazz spot, or restaurant. The property is priced below appraisal.
Key Highlights
- Priced below appraisal, offering instant equity.
- Versatile space suitable for various business types.
- Formerly a coffee shop, suggesting existing infrastructure.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.4k | $18.84 |
| − Vacancy | −$3.9k | −$1.51 |
| EGI | $44.5k | $17.33 |
| − OpEx | −$11.1k | −$4.33 |
| NOI | $33.4k | $12.99 |
2,570 SF · lease $18.84/SF/yr · vacancy 8.04% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$477.1K
$417.4K – $556.6K
NOI $33,394 @ 7.0% cap · market cap 8.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$607.6K
$531.7K – $708.9K
NOI $42,535 @ 7.0% cap · market cap 11.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Coffeeweed Cottage
Cafe & Coffee Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Black Cafe — 518 S Pierce St #100, Lafayette, LA 70501
- Las tablas los santos el cocal — Lafayette, LA 70501
- Mikos Java House — 409 Lee Ave #3, Lafayette, LA 70501
- Lafayette Court House Coffee — 800 S Buchanan St, Lafayette, LA 70501
- Rêve Coffee Roasters — 200-A Jefferson St, Lafayette, LA 70501
FAQs
What type of property is this?
Coffee shop - Commercial property formerly operated as a coffee shop for sale.
Where is this coffee shop located?
The property is located at 410 Poydras St Lafayette, LA.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: Priced below appraisal, offering instant equity.; Versatile space suitable for various business types.; Formerly a coffee shop, suggesting existing infrastructure.
