Grocery Store with Prep
For Sale
$170,000
520 S Magnolia Street, Lafayette, LA 70501
Commercial Sale, Lafayette, LA
Property Size2,800 SF
Lot Size0.14 Acres
Price / SF$60.71
Days on Market180
Property Features for 520 S Magnolia Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Lot features
Corner Lot
Directions
From SE Evangeline Thwy and Louisiana Ave, turn right on Louisiana Ave, travel for 0.1 mile, take a right on the second cross st on to S. Magnolia St. The building will be on your right
Subdivision
G3
Standard status
Active
APN
6051535
Size
2,800 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Description
P LOT 6 BLK 15 S R PARKERSON ADD
Legal Description
P LOT 6 BLK 15 S R PARKERSON ADD
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Wall Unit(s)
Water source
Public
Amenities
walk-in cooler
dedicated washing and prep area
upgraded electrical panel
new metal roof
reinforced subfloor
existing on-site living quarters
Building Details
Floors in Building
1
Flooring type
Tile
Roof type
Metal
Listing Agency:
Scout Real Estate Co.
(337) 443-0880
Listed By:
Jake Zimmerman · License #995715702
(337) 781-9733
Added: Apr 27
Changed: Oct 23
Last Checked: Oct 23 at 6:06PM
MLS# 2600003674
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 2,800-square-foot grocery and convenience property includes a walk-in cooler, a separate washing and food-preparation area, and an upgraded electrical panel. Existing living quarters are also part of the building. Tile flooring, wall-unit cooling, and electric heat serve the interior, while a metal roof and reinforced subfloor are among the building features.
The property occupies a 0.14-acre site at 520 S Magnolia Street in Lafayette, Louisiana. A parking lot provides on-site parking, and the building is connected to public water and sewer.
The property occupies a 0.14-acre site at 520 S Magnolia Street in Lafayette, Louisiana. A parking lot provides on-site parking, and the building is connected to public water and sewer.
Key Highlights
- 2,800 square feet on a 0.14‑acre site
- Walk‑in cooler and dedicated washing and prep area
- On‑site living quarters
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,391
Businesses Nearby
Under-served
Demand for This Use
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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
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - A walk-in cooler, on-site living quarters, and upgraded electrical service support a range of grocery and convenience operations.
Where is this grocery and convenience store located?
The property is located at 520 S Magnolia Street 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: 2,800 square feet on a 0.14‑acre site; Walk‑in cooler and dedicated washing and prep area; On‑site living quarters
