The Pulse LFT: Johnston Street property sells for 4.4mm

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

Commercial Sales Recorded Last Week

5826 Johnston St, Lafayette, LA 70503
5826 Johnston St, Lafayette, LA 70503

Type: Retail
Price: $4,426,893 ($70.39 / SF)
Buyer: PELICAN ENGINEERING LLC
Elifin’s Notes: An appliance showroom property changes ownership on Johnston Street.

108 S Jefferson St, Lafayette, LA 70501
108 S Jefferson St, Lafayette, LA 70501

Type: Multifamily
Price: $1,119,000 ($124,333 / Unit)
Buyer: J&H GROUP LLC
Elifin’s Notes: A 9-unit multifamily property changes hands in Broussard.

141 Boyce St, Broussard, LA 70518
141 Boyce St, Broussard, LA 70518

Type: Industrial
Price: $375,000 ($62.50 / SF)
Buyer: M3 DEVELOPMENTS LLC
Elifin’s Notes: An industrial property changes ownership on Boyce Street.

301 Debonnaire Rd, Scott, LA 70583
301 Debonnaire Rd, Scott, LA 70583

Type: Land
Price: $100,000 ($0.51 / Land SF)
Buyer: ROSABAL, RUBEN MARTINEZ
Elifin’s Notes: A 4+ acre parcel of land sells in Scott.


Commercial Permits Issued Last Week


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
marketing@elifinrealty.com
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