13 Jan The Pulse LFT: Former law firm office sells Downtown

Posted at 10:07h in Research, The Pulse, The Pulse: Lafayette by ELIFIN® 0 Comments

A weekly update on the commercial real estate landscape of Lafayette.

Commercial Sales Recorded Last Week

1581 S Bernard Rd, Broussard, LA 70518

Type: Retail
Price: $1,595,000 ($477.26 / SF)
Buyer: CRRE INVESTMENTS LLC
Elifin’s Notes: CRRE Investments acquires the retail property at the corner of South Bernard and West Fairfield, adjacent to the Sabal neighborhood developments, in Broussard.

113 W Convent St, Lafayette, LA 70501

Type: Office
Price: $800,000 ($200.00 / SF)
Buyer: FIRST BAPTIST CHURCH OF LAFAYETTE LOUISIANA INC THE
Elifin’s Notes: The First Baptist Church of Lafayette adds another downtown property to their portfolio with the addition of this law firm office property.

4.56 Acres Johnston St, Lafayette, LA 70503

Type: Land
Price: $740,000 ($3.73 / Land SF)
Buyer: REDDOCH DEVELOPMENT COMPANY LLC THE
Elifin’s Notes: A 4+ acre parcel of land sells near the corner of Johnston Street and East Broussard.

200 Youngsville Hwy, Lafayette, LA 70508

Type: Retail
Price: $410,000 ($102.50 / SF)
Buyer: SHIVOHAM USA LLC
Elifin’s Notes: Shivoham LLC purchases a multi-tenant retail property on Youngsville Highway.

324 W Broussard Rd, Lafayette, LA 70506

Type: Industrial
Price: $200,000 ($25.00 / SF)
Buyer: HARGRAVE SUPERIOR PROPERTIES LLC
Elifin’s Notes: Hargrave Superior Properties acquires an industrial property on West Broussard Road.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
1314 WALKER RD	Addition / Alteration / Repair (C) $0	Replace existing HVAC units for 10,277 sq.ft. area of the building. Replace existing plumbing fixtures in a restroom and traning area. Replace existing light fixtures with new LED light fixtures for 10,277 sq.ft. area of the building. Remove existing sprinkler heads and provide new sprinkler heads to match new ceiling layout.	[O] N/A [C] N/A
411 KALISTE SALOOM RD	Addition / Alteration / Repair (C) $0	A 490 Sq. Ft. wood framed addition to an existing 1058 Sq. Ft. wood framed commercial building. The addition will be constructed atop a new concrete slab. The addition interior will be finished with painted gypsum board walls and ceiling and will be complete with new electrical work as depicted in the drawings. Also as depicted in the drawings is a fire rated exterior wall as necessary to meet separation requirements due to closeness to a property line and as required by code. Minimum if any exterior work will be performed.	[O] N/A [C] N/A
167 INDUSTRIAL PKWY	Addition / Alteration / Repair (C) $0	Addition of additional doors per Fire marshal, Toilet room, Secure room renovation	[O] N/A [C] N/A
3142 AMBASSADOR CAFFERY PKWY	Addition / Alteration / Repair (C) $0	INSTALL INTERIOR & EXTERIOR DOOR(S) AS SHOWN ON PLANS. RE-WORK EXISTING EXTERIOR PAVEMENT IN ACOMMODATION OF NEW EXTERIOR DOOR(S) AS SHOWN ON PLANS. UPDATE DOOR HARDWARE AS SHOWN ON PLANS.	[O] N/A [C] N/A
130 PARK LN	Commercial New Construction $0	Demolition and reconstruction of existing concession stand/ restroom facility. Construction of 4 pickleball courts. Construction of dog park area.	[O] N/A [C] N/A
2645 S FIELDSPAN RD	Commercial New Construction $0	24’x30’x 10′ Storage building	[O] N/A [C] Bergeron’s Metal Buildings, L.L.C., Percy P. Bergeron Jr.
1322 DULLES DR #A	Electrical Standalone (C) $0	Townhouse; the electricity has been off for more than 6 months and need an electrical inspection to get electricity turned back on.	[O] N/A [C] N/A
112 RUFFIAN DR	Electrical Standalone (C) $0	Rebuild Power Pole: Replace panel; breakers, pipe & wire. Reground pole. Inspections	[O] N/A [C] N/A
208 RUE LOUIS XIV	Electrical Standalone (C) $0	Medical Use STE 100	[O] N/A [C] N/A
106 CONNIE CIR	Electrical Standalone (C) $0	GENERAL TO GET UTILITIES ON AFTER FIRE DAMAGE No structural damage, building permit not required*	[O] N/A [C] N/A
748 MALAPART RD #44	Electrical Standalone (C) $0	replacing panel on existing pole	[O] N/A [C] N/A
401 MECCA DR #B	Electrical Standalone (C) $0	N/A	[O] FRANK WILLIAMS , FRANK WILLIAMS [C] N/A
298 STUTES RD	Electrical Standalone (C) $0	Temporary office container for Triton Construction job. Job office container is located at 298 Stutes Road, Duson La.	[O] N/A [C] N/A
303 RAYBURN ST	Electrical Standalone (C) $0	Changer out electrical panel in Apt.#10, Building #39	[O] N/A [C] N/A
220 WILKIE ST	Electrical Standalone (C) $0	Change out electrical panel in Apt. #730, Building #21	[O] N/A [C] N/A
220 WILKIE ST	Electrical Standalone (C) $0	Change out electrical panel in Apt. # 875, Building #16	[O] N/A [C] N/A
1809 W UNIVERSITY AVE	Electrical Standalone (C) $0	Repaired broken electrical overhead service and installed new anchor point.	[O] N/A [C] N/A
508 FOX RUN	Electrical Standalone (C) $0	Changing service out UNIT 1	[O] N/A [C] N/A
107 GAYLE RD #A	Electrical Standalone (C) $0	Temporary pole for construction shack	[O] N/A [C] N/A
300 BREAUX RD	Electrical Standalone (C) $0	ADDING ELECTRICAL TO EXSITING BUILDING FOR A WATER WELL 12X12 KARL IS BUILDING IT NOW OK TODD TO SELL AN ELECTRICAL PERMIT.	[O] KARL LAVIOLETTE [C] N/A
3201 KALISTE SALOOM RD #320	Electrical Standalone (C) $0	Panel upgrade. Lugs burnt on meterbase LOT 320	[O] N/A [C] N/A
728 W GLORIA SWITCH RD #53	Electrical Standalone (C) $0	POLE FOR PARK	[O] N/A [C] N/A
2400 AMBASSADOR CAFFERY PKWY	Electrical Standalone (C) $0	Inspection for turn the power on	[O] N/A [C] N/A
4900 W. Congress BLK	Floodplain Development (C) $0	N/A	[O] Jake Comeaux [C] Jake Comeaux , Jake Comeaux
1131 RUE DU BELIER	Plumbing Standalone (C) $0	BACKFLOW PREVENTER	[O] N/A [C] Noah Fakouri Plumbing, LLC
4300 JOHNSTON ST	Reroof (C) $0	install a separator sheet and single ply membrane on existing flat roof. We will not make structural changes.	[O] N/A [C] Royalty Roofing USA, LLC, Darren Andrew Royalty
3105 LOUISIANA AVE	Sign – Freestanding (C) $0	N/A	[O] N/A [C] N/A
6804 JOHNSTON ST	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A
3105 LOUISIANA AVE	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A
901 W CONGRESS ST	Sign – Wall Sign (C) $0	1 sign installed on the outside of the building	[O] N/A [C] N/A
3225 LOUISIANA AVE	Sign – Wall Sign (C) $0	N/A	[O] N/A [C] N/A

Sale records included based on the following parameters: Building and commercial land sales with a sales price that is either withheld or greater than or equal to $100,000. Multifamily sales greater than or equal to 5 units. Sale must be an arm’s length transaction (between unrelated parties). Best efforts are made to provide complete and reliable information, but accuracy is not guaranteed and the reader bears the responsibility to verify the accuracy of such information prior to forwarding it, utilizing it, or relying on it in any way.

Elifin Realty

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