ENHOUZBusiness Marketplace
Commercial Property · For Sale

314 324 S Duke ST, Lafayette Active

1 view · 1 this week

Asking price
$275,000
Price / SF
$41.67
Cap rate
Sale type
Property type
Property subtype
Building class
Building size
6,600 sq ft
Year built
1975
NOI
Tenancy
Building height
Building FAR
Lot size
0.35 acres
Zoning
LFB2
Frontage
Listing #
EN-21256
MLS #
10842734

Excellent opportunity to own an 8-unit commercial building conveniently located just outside downtown Lafayette. The property offers approximately 6,600 square feet of total space, configured as eight individual units of approximately 800 square feet each. The flexible layout allows two adjacent units to be combined into approximately 1,600 square feet, providing additional options for larger tenants or businesses requiring more space. Each unit is individually metered for both water and electricity, allowing for straightforward utility management and tenant billing. The property also features a durable metal roof, providing long-term durability and reduced maintenance concerns. Four of the eight units are currently leased, providing existing rental income while leaving four additional units available for lease and future income growth. The partially leased configuration creates an attractive opportunity for an investor looking to acquire an established income-producing property with room to increase occupancy and overall cash flow. Located right next to downtown Lafayette, the property offers convenient access to local businesses, services, and the surrounding community.

Location

GAMLS
Listed by Trend Atlanta Realty, Inc.
© 2021 Georgia MLS. All rights reserved. Information Deem Reliable But Not Guaranteed. · MLS# 10842734

Similar listings

Buyer newsletter

Popular businesses, market tips, and occasional promotions. One email, unsubscribe anytime.