Restaurant
For Sale
$189,000
420 N Main Street, Opelousas, LA 70570
Commercial Sale, Opelousas, LA
Property Size1,400 SF
Lot Size0.14 Acres
Price / SF$135
Days on Market54
Property Features for 420 N Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking
14
Parking features
Off Street
Lot features
Corner
Directions
On I-49 going toward Opelousas. Take exit 19B. at the ramp follow US-190 West until it turns to E Landry Street. Continue straight then take a right on N. Main St.
Subdivision
L2
Standard status
Active
APN
0100451200
Size
1,400 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Description
Lots 2 & 4 of Block 4, Main Street Opelousas, LA
Legal Description
Lots 2 & 4 of Block 4, Main Street Opelousas, LA
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Concrete
Roof type
Metal
Listing Agency:
Keller Williams Realty Acadiana
(337) 735-9300
Listed By:
Trinh Huynh · License #995707946
(337) 254-0612
Added: Aug 23
Changed: Oct 8
Last Checked: Oct 15 at 4:06AM
MLS# 2600007862
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 1,400-square-foot property sits on a 0.14-acre parcel in Opelousas and was previously used as a restaurant. The building has two bathrooms, concrete flooring, and a metal roof. Heating is central and electric, with central air conditioning.
Commercial zoning applies to the property. Public water and public sewer serve the site, and off-street parking is available.
Commercial zoning applies to the property. Public water and public sewer serve the site, and off-street parking is available.
Key Highlights
- 1,400‑square‑foot building on a 0.14‑acre parcel
- Previously used as a restaurant
- Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,592
Cap Rate
7.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,840
$271.8K
Cap Rate 7%
$194,171
$194.2K
Cap Rate 9%
$151,022
$151.0K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$19.3K $13.80/SF
− Vacancy
−$1.2K −$0.86/SF
EGI
$18.1K $12.94/SF
− OpEx
−$4.5K −$3.24/SF
NOI
$13.6K $9.71/SF
Area
St. Landry County, LA
Vacancy
6.20%
Lease Rate
$13.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,840
Cap Rate 7%
$194,171
Cap Rate 9%
$151,022
Alternative Uses
Best Use
Specialty Retail
$194.2K
$169.9K – $226.5K
NOI $13,592 @ 7.0% cap · market cap 7.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$211.2K
$184.8K – $246.4K
NOI $14,784 @ 7.0% cap · market cap 7.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
954
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70570, LA
38,746
Population
17,099
Households
2.3
Avg Household Size
39
Median Age
15%
College-Educated
82%
High-School Grad
171.8 sq mi
ZIP Area
226
Density / Sq Mi
$45,276
Median Household Income
$33,090
Median Earnings
$764
Median Rent
$151,300
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Commercial zoning, public water and sewer service, and off-street parking serve the property.
Where is this conventional restaurant located?
The property is located at 420 N Main Street Opelousas, LA.
What is the asking price?
The asking price for this property is $189,000.
What are key features of this property?
This property features: 1,400‑square‑foot building on a 0.14‑acre parcel; Previously used as a restaurant; Commercial zoning
