6-Unit Strip
For Sale
$990,000
801 W University Avenue, Lafayette, LA 70506
Commercial Sale, Lafayette, LA
Property Size9,263 SF
Lot Size0.25 Acres
Price / SF$106.88
Days on Market455
Property Features for 801 W University Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
MN1
Bathrooms
6
Full bathrooms
6
Rooms
Bathroom 3, Bathroom 4, Bathroom 6, Bathroom 5, Bathroom 1, Bathroom 2
Parking
20
Parking features
On Street, Off Street
Exterior features
Door Sign, Pole Sign
Lot features
Corner
Directions
Congress towards Evangeline Thruway coming from Cajun Dome, right on University, property will be on the right
Subdivision
G3
Standard status
Active
APN
6032397
Size
9,263 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Description
PAR OF GRO (73X150) FRONT- INGAZALEA ST 85-42846 LESS (61.1 SQFT) TO DEPT OF HWYS
Legal Description
PAR OF GRO (73X150) FRONT- INGAZALEA ST 85-42846 LESS (61.1 SQFT) TO DEPT OF HWYS
Utilities
Sewer type
Public Sewer
Heating system
Central, Natural Gas
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Vinyl
Roof type
Rubber
Listing Agency:
The Gleason Group
(337) 262-7873
Listed By:
Lisa Viator · License #912122026
(337) 849-5504
Added: Jul 18, 2025
Changed: Oct 8
Last Checked: Oct 15 at 9:06PM
MLS# 2500001407
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.
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Investment Insights
Based on property information with market context.
Six retail units occupy a renovated strip mall at 801 W University Avenue in Lafayette. The property contains 9,263 square feet on a 0.25-acre site and has MN1 zoning. Vinyl flooring, central heating fueled by natural gas, and central air conditioning serve the building. A rubber roof and six bathrooms are also present.
The property is near a university and downtown Lafayette. Exterior signage includes door and pole signs, with both on-street and off-street parking. Public water and sewer serve the site.
The property is near a university and downtown Lafayette. Exterior signage includes door and pole signs, with both on-street and off-street parking. Public water and sewer serve the site.
Key Highlights
- Six retail units in a 9,263‑square‑foot strip mall
- 0.25‑acre site with MN1 zoning
- Recently renovated; vinyl flooring and rubber roof
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,106
Businesses Nearby
Explore this area
Business Placement
Demographics for 70506, LA
39,801
Population
20,296
Households
2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
1,914
Density / Sq Mi
$55,553
Median Household Income
$38,764
Median Earnings
$1,024
Median Rent
$215,700
Median Home Value
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Strip mall - Renovated retail space offers a multi-suite configuration with central heating and air conditioning.
Where is this strip mall located?
The property is located at 801 W University Avenue Lafayette, LA.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Six retail units in a 9,263‑square‑foot strip mall; 0.25‑acre site with MN1 zoning; Recently renovated; vinyl flooring and rubber roof
