Coffee Shop
For Sale
$380,000
410 Poydras Street, Lafayette, LA 70501
COMMERCIAL - Lafayette, LA
Property Size2,570 SF
Lot Size0.59 Acres
Price / SF$147.86
Days on Market161
Property Features for 410 Poydras Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
MN
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Exterior features
OH Door 10 - 15 Ft, Partially Fenced, Outside Storage
Fencing
Partial
Lot features
Corner, Level
Directions
Head northwest on Ambassador Caffery Pkwy toward LA-339, Turn right at the 1st cross street onto LA-339 N/Verot School Rd, Turn left onto Aymar Rd, Pass by McDonald's (on the right), Turn left onto W Pinhook Rd, Pass by Firestone Complete Auto Care (on the left in 2 mi), Turn left onto E University Ave/US 90 Business, Turn right onto W Simcoe St, Turn left onto Poydras Street
Subdivision
G3
Standard status
Active
APN
6036154
Size
2,570 SF
Lot size
0.59 Acres
Taxes and HOA fees
Tax Description
LOT 14-A BLK 5 VORDENBAUMAN EXT (0.36 AC) (22-45040 PLAT)
Legal Description
LOT 14-A BLK 5 VORDENBAUMAN EXT (0.36 AC) (22-45040 PLAT)
Utilities
Heating system
Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Concrete
Roof type
Metal
Additional Structures
Storage
Listing Agency:
Keller Williams Realty Acadiana
(337) 735-9300
Listed By:
Lisa Krause · License #75531
(337) 342-0206
Added: Mar 22
Changed: Aug 4
Last Checked: Aug 29 at 3:06AM
MLS# 2600002377
Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,570-square-foot commercial building at 410 Poydras Street includes a layout associated with its former coffee shop use. The property has two bathrooms, concrete flooring, electric heat, central air, a metal roof, and public water service. Exterior features include a 10–15-foot overhead door, partial fencing, and outside storage. The 0.59-acre parcel provides additional site area around the building.
Located in Lafayette, Louisiana, the property is identified within ZIP code 70501. Its existing food-and-beverage-oriented configuration may accommodate continued coffee shop use or another restaurant concept, subject to applicable requirements and approvals. The combination of interior improvements, storage capability, and site features offers a defined starting point for a new commercial operation.
Located in Lafayette, Louisiana, the property is identified within ZIP code 70501. Its existing food-and-beverage-oriented configuration may accommodate continued coffee shop use or another restaurant concept, subject to applicable requirements and approvals. The combination of interior improvements, storage capability, and site features offers a defined starting point for a new commercial operation.
Key Highlights
- 2,570 square feet on a 0.59‑acre parcel
- Former coffee shop layout with two bathrooms
- 10–15‑foot overhead door, partial fencing, and outside storage
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,394
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.79%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$667,880
$667.9K
Cap Rate 7%
$477,057
$477.1K
Cap Rate 9%
$371,044
$371.0K
Market Conditions
NOI Build-Up for 2,570 SF
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.
Gross rent
$48.4K $18.84/SF
− Vacancy
−$3.9K −$1.51/SF
EGI
$44.5K $17.33/SF
− OpEx
−$11.1K −$4.33/SF
NOI
$33.4K $12.99/SF
Area
Lafayette, LA
Vacancy
8.04%
Lease Rate
$18.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$667,880
Cap Rate 7%
$477,057
Cap Rate 9%
$371,044
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 authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,380
Businesses Nearby
Balanced
Demand for This Use
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Similar Off Market Nearby
- Las tablas los santos el cocal — Lafayette, LA 70501
- Lafayette Court House Coffee — 800 S Buchanan St, Lafayette, LA 70501
- Mikos Java House — 409 Lee Ave #3, Lafayette, LA 70501
- Rêve Coffee Roasters — 200-A Jefferson St, Lafayette, LA 70501
- Black Cafe — 518 S Pierce St #100, Lafayette, LA 70501
Frequently Asked Questions
What type of property is this?
Coffee shop - MN-zoned commercial property with central air, public water, and a partially fenced site.
Where is this coffee shop located?
The property is located at 410 Poydras Street 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: 2,570 square feet on a 0.59‑acre parcel; Former coffee shop layout with two bathrooms; 10–15‑foot overhead door, partial fencing, and outside storage
