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Conventional Restaurant Space
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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 Market5

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

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

Building Details

Flooring type Tile - Ceramic, Concrete
Roof type Metal
Additional Structures Storage
Listing Agency: Compass · ERA Real Estate
Listed By: Kim Loan Mai Pham · License #995708688
Added: Aug 24 Last Checked: Aug 28 at 9:06PM
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 commercial space is configured for restaurant or specialty food use, with tile and concrete flooring, central air, electric heating, and additional window-unit cooling. The property includes a fully fenced site, outside storage, a pole sign, door signage, and off-street parking. Public water service is in place, and the roof is metal.

Located at 905b N University Avenue in Lafayette, the property sits at an intersection with convenient access. Comm/Gen zoning supports the commercial setting, while the existing setup can accommodate a to-go food operation, café, seafood concept, small restaurant, specialty food business, or retail use.

Key Highlights

  • 1,344 SF commercial space suited to restaurant or specialty food use
  • Comm/Gen zoning
  • Fully fenced 0.34‑acre site with outside storage

Property Analytics

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

Market

Lease Benchmarks for Lafayette, LA

$216 /SF/Yr
Avg Asking Price
$10.62–$750 /SF/Yr
Price Range
3,241 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Flexible commercial space with food-service and retail use potential at a Lafayette intersection.
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 SF commercial space suited to restaurant or specialty food use; Comm/Gen zoning; Fully fenced 0.34‑acre site with outside storage
More about this property
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