Renovated Storefront with Living
For Sale
$170,000
520 S Magnolia St, Lafayette, LA 70501
Renovated former grocery store features a walk-in cooler, washing/prep station, upgraded electrical panel, and an on-site living space.
Property Size2,800 SF
Price / SF$60.71
Days on Market121
Property Features for 520 S Magnolia St
General Information
Standard status
Active
Size
2,800 SF
Listing Agency:
Scout Real Estate Co.
(337) 781-9733
Listed By:
Jake Zimmerman · License #995715702
(337) 781-9733
Source:
Exprealty
Added: Apr 27
Changed: Aug 23
Last Checked: Aug 24 at 11:22AM
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 Scout Real Estate Co.
Investment Insights
Based on property information with market context.
This fully renovated former grocery store offers flexible commercial and retail potential. The interior includes a walk-in cooler and a dedicated washing and prep station, along with an upgraded electrical panel designed to support modern power needs. A brand-new durable metal roof has been installed to support long-term reliability, and an existing on-site living space provides the option for a live/work arrangement or a separate rental setup.
Located at 520 South Magnolia Street in Lafayette, the property’s storefront configuration supports a variety of retail uses.
With the included refrigeration, prep area, and refreshed exterior, the building is positioned for an operator or tenant seeking a turnkey space previously built for grocery-style service and handling.
Located at 520 South Magnolia Street in Lafayette, the property’s storefront configuration supports a variety of retail uses.
With the included refrigeration, prep area, and refreshed exterior, the building is positioned for an operator or tenant seeking a turnkey space previously built for grocery-style service and handling.
Key Highlights
- Fully renovated former grocery store with flexible commercial or retail potential
- Walk‑in cooler plus dedicated washing/prep station
- Upgraded electrical panel to support modern power needs
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,391
Businesses Nearby
Under-served
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
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Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Renovated former grocery store features a walk-in cooler, washing/prep station, upgraded electrical panel, and an on-site living space.
Where is this grocery and convenience store located?
The property is located at 520 S Magnolia St Lafayette, LA.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: Fully renovated former grocery store with flexible commercial or retail potential; Walk‑in cooler plus dedicated washing/prep station; Upgraded electrical panel to support modern power needs
