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Restaurant Space with Signage
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905b N University Avenue, Lafayette, LA 70506

Commercial Lease, Lafayette, LA

Space SizeContact for details
Lot Size0.34 Acres
Days on Market51

Property Features for 905b N University Avenue

General Information

Property type Commercial Lease
Property subtype Other
Zoning Comm/Gen
Parking features Off Street
Security features Security System
Exterior features Door Sign, Fully Fenced, Outside Storage, Pole Sign
Fencing Full
Subdivision Daigle
Lot features Commons, Level
Directions I-10 West to North University Avenue exit 101, turn left, building on right. Next to Dollar General
Standard status Active
APN 6060623
Size 1,344 SF
Lot size 0.34 Acres

Taxes and HOA fees

Tax Description Lots 10 & 11 O Daigle Sub
Legal Description Lots 10 & 11 O Daigle Sub

Utilities

Sewer type Public Sewer
Heating system Electric (Heating), Central, Wall Furnace
Cooling system Ceiling Fan(s), Central Air, Window Unit(s)
Water source Public

Building Details

Flooring type Concrete, Tile - Ceramic
Roof type Metal
Additional Structures Storage
Listing Agency: Compass · ERA Real Estate
Listed By: Kim Loan Mai Pham · License #995708688
Added: Aug 24 Changed: Oct 8 Last Checked: Oct 13 at 6:06AM
MLS# 2600007873

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 1,344-square-foot restaurant property sits on a 0.34-acre parcel in Lafayette. The building has a metal roof and concrete and ceramic tile flooring, with central and window-unit cooling and central electric heating. Exterior features include a pole sign, door signage, full fencing, and outside storage.

Situated at a busy intersection on N University Avenue, the property offers off-street parking and access to public water and sewer. Comm/Gen zoning is in place.

Key Highlights

  • 1,344‑square‑foot restaurant property on a 0.34‑acre parcel
  • Comm/Gen zoning
  • Pole sign and door signage

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Pharmacy Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

330
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lafayette, LA

$201 /SF/Yr
Avg Asking Price
$10.62–$750 /SF/Yr
Price Range
2,925 SF
Avg Space Size

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - The property has Comm/Gen zoning, off-street parking, and public water and sewer.
Where is this conventional restaurant located?
The property is located at 905b N University Avenue Lafayette, LA.
What are key features of this property?
This property features: 1,344‑square‑foot restaurant property on a 0.34‑acre parcel; Comm/Gen zoning; Pole sign and door signage
More about this property
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