106 St Charles St Lafayette, LA 70501
This exceptional mixed-use commercial property, located at 106 St Charles St in Lafayette, Louisiana, presents a fantastic investment opportunity. Spanning 1,031 square feet, this building offers a blend of office and retail space, currently occupied by a long-term tenant (a barbershop with over a decade of occupancy). Its prime location offers easy access to the heart of Downtown Lafayette, just a two-minute drive from Jefferson Street, and enjoys high visibility next to Jefferson Drug Pharmacy. The property boasts significant recent upgrades, including a brand new roof and a three-year-old air conditioning unit, minimizing immediate maintenance concerns. The asking price is $150,000, translating to $145.49 per square foot. This represents a strong value proposition given the building's location, condition, and established tenancy. Showings are strictly by appointment only to ensure minimal disruption to the current tenant. Serious inquiries are encouraged to explore this lucrative investment opportunity in a thriving Louisiana market. The property is zoned for mixed-use and is located in Lafayette Parish, Louisiana, zip code 70501.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.