314 324 S Duke Street

Highlights:

• Lot Features: Corner Lot, Level
• Gross Income: 0
• Number Of Buildings: 0
• Bathrooms Total: 0
• Documents Available: Other
• Cooling: Central Air, Window Unit(s)
• Heating: Central, Heat Pump
• Electric: 110 Volts, 220 Volts
• Flooring: Other
• Construction Materials: Stone
• Parking Features: Parking Lot
• Accessibility Features: None
• Security Features: None

Description:

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.

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