520 South Magnolia Street

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520 South Magnolia Street

Lafayette, LA 70501
Asking Price
$250K
Asset Type
Grocery Store Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail grocery store building containing 2,800 square feet.
  • Property located at 520 South Magnolia Street in Lafayette.
  • Asking price for the restored commercial asset is $250,000.
  • The building is currently configured for retail operations.
  • Positioned within the established commercial corridor of Lafayette, Louisiana.

What's Special

Establish a grocery store operation within this 2,800-square-foot retail building situated at 520 South Magnolia Street in Lafayette, Louisiana. The property has undergone restoration, providing a functional footprint for local commerce needs. Its location in the heart of Lafayette positions it within a vibrant regional hub known for its distinct cultural identity and consistent economic activity. The area serves as a primary commercial center for the surrounding parish, drawing consistent traffic from residents who value convenience and accessibility. Investors and business owners will find this space suitable for specialized food services, neighborhood markets, or similar retail configurations requiring a high-visibility presence. The building offers immediate utility for an owner-operator or an investor seeking a well-positioned asset in a growing market within the Acadiana region.

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NOI
$80,000
Cap Rate
32.00%
DSCR
5.39
Strong
Cash-on-Cash
86.88%
Monthly Payment
$1,236.864
Annual Cash Flow
$65,157.637

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