01 Jun The Pulse LFT: Local investors purchase renowned downtown building

Posted at 11:01h 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

500 Jefferson St; 500 S Buchanan St, Lafayette, LA 70501

Type: Mixed-Use
Price: $2,600,000 ($173.33 / SF)
Buyer: WALKING ANTIQUE LLC
Elifin’s Notes: A local pair purchases the renowned mixed-use property featuring an event space and restaurant on the ground floor and apartments on the second, along with an adjacent 0.35 acre parking in Downtown.

406 Wall St, Lafayette, LA 70506

Type: Industrial
Price: $985,000 ($74.65 / SF)
Buyer: QPS of BR Residential LLC
Elifin’s Notes: Industrial property with loading docks sold to Georgia-based investor.

113 Banks Ave, Lafayette, LA 70506

Type: Industrial
Price: $925,000 ($115.63 / SF)
Buyer: 113 Banks LLC
Elifin’s Notes: An industrial property sells on Banks Avenue.

3200 Ambassador Caffery Pkwy, Lafayette, LA 70506

Type: Land
Price: $500,000 ($20.50 / Land SF)
Buyer: HUTTON LAFAYETTE AMBASSADOR LA ST LLC
Elifin’s Notes: A 0.5+ acre parcel of land sells on Ambassador Caffery Parkway near Walmart.

113 E Simcoe St, Lafayette, LA 70501

Type: Industrial
Price: $280,000 ($37.17 / SF)
Buyer: City of Lafayette
Elifin’s Notes: The City of Lafayette acquires an industrial property on East Simcoe.

303 Macon Rd, Lafayette, LA 70506

Type: Industrial
Price: $160,000 ($40.00 / SF)
Buyer: RENTALS ON RIDGE LLC
Elifin’s Notes: An industrial property sells off of Cameron Street.

141 Evans Lane, Lafayette, LA 70506

Type: Land
Price: $140,000 ($2.28 / Land SF)
Buyer: BARRERA, ANGEL DAVID ROJAS
Elifin’s Notes: A 1+ acre parcel of commercial land sells on Evans Lane.

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
803 W PINHOOK RD	Reroof (C) $11711.93	N/A	[O] N/A [C] N/A
1320 GENERAL MOUTON AVE	Demo (C) $10000	N/A	[O] N/A [C] Castle Row Construction LLC, Sam Viator
3219 JOHNSTON ST	Sign – Wall Sign (C) $3000	Award Master	[O] N/A [C] Atom Graphics, DBA Awardmaster, Adam Lopez
813 CAJUNDOME BLVD	Sign – Freestanding Electrical (C) $2810	AC Sales existing nonconforming pole sign with an OAH 16′ replacing panel that has been destroyed	[O] N/A [C] N/A
1905 KALISTE SALOOM RD	Sign – Wall Sign (C) $2600	ALL DAY COFFEE PROVISIONS COCKTAILS	[O] N/A [C] 3D International Custom Sign & Design, Douglas Orgeron
589 N PIERCE ST	Demo (C) $2000	N/A	[O] N/A [C] JH Alfred Construction, Inc., Jessie Howard Alfred
1407 GENERAL MOUTON AVE	Sign – Wall Sign (C) $1393.03	Powerhouse RV Center	[O] N/A [C] Bass Custom Signs, L.L.C., Stephen Basile Sonnier II
314 ROYAL ST	Addition / Alteration / Repair (C) $0	Fils Like Home Care & Staffing Solutions provides non-medical & medical home care and healthcare staffing services designed to support the safety, comfort, and daily living needs of clients in their homes and care facilities. Our services include assistance with activities of daily living (ADLs) such as bathing, dressing, grooming, meal preparation, light housekeeping, medication reminders, companionship, mobility support, and transportation assistance. We also provide respite care to support family caregivers. In addition, we supply qualified and screened healthcare and support staff to facilities such as nursing homes, assisted living centers, hospitals, and private residences. Staffing services may include certified nursing assistants (CNAs),NURSES home health aides (HHAs), sitters, and companion caregivers based on client or facility needs. All services will be provided in accordance with applicable state regulations, client care plans, and individualized service agreements to ensure quality, safety, and consistency of care.	[O] N/A [C] N/A
3142 AMBASSADOR CAFFERY PKWY	Addition / Alteration / Repair (C) $0	• SALES FLOOR: ADD DIGITAL DISPLAY BOARDS • SALES FLOOR: CLEAN, PREPARE AND PAINT WALLS. • REPAIR AND REPLACE FLOOR FINISHES • INTERIOR WALLS: CLEAN, PREP AND PAINT • ENTRY FLOOR TILE: REPLACE • EXTERIOR SURFACES: CLEAN, PREP AND PAINT • DEMOLISH AND REPLACE EXTERIOR SIDEWALKS AND PAVEMENT • SIGNAGE: REPLACE AND INSTALL EXTERIOR SIGNAGE • ROOF: REPLACE RTU ON EXISTING CURBS • ADD NEW ROOF TOP EQUIPMENT • RESTROOMS: FAMILY RESTROOM, REFURBISH CUSTOMER RESTROOMS, REPLACE SINKS AND ACCESSORIES, NEW FINISHES • CUSTOMER CHECK OUT AREA: REVISE LOCATION OF CASH REGISTERS AND OTHER EQUIPMENT • CUSTOMER CHECK OUT AREA: ADD SELF CONTAINED REFRIGERATED CASES AND SUSHI KIOSK • CUSTOMER SERVICE: NEW FINISHES AND ADD DIGITAL DISPLAYS • PHARMACY: PAINT AND CLEAN, NEW FINISHES, EXTEND WITH MODULAR WALL PANELS AND ADD HEALTH SERVICE ROOM • VISION CENTER: ADD NEW DISPLAY EQUIPMENT AND NEW FINISHES, PAINT AND CLEAN • MONEY CENTER: CLEAN AND PAINT, NEW FINISHES • ENTRY VESTIBULES: CLEAN AND PAINT, NEW FINISHES • AUTO CENTER: REFURBISH, REVISE FINISHES AND ADD DIGITAL DISPLAYS • BREAKROOM: REMODEL, INSTALL FIXTURES AND NEW FINISHES • GARDEN CENTER : PAINT AND CLEAN • GROCERY: REMODEL • GROCERY: REMOVE REFRIGERATED CASES AND EQUIPMENT. ADD REFRIGERATED CASES, EQUIPMENT, DIGITAL DISPLAYS AND NEW FINISHES • ONLINE PICK UP: RELOCATE EXISTING OPERATIONS TO NEW BUILDING EXPANSION ON SOUTHEAST CORNER OF BUILDING	[O] N/A [C] N/A
411 KALISTE SALOOM RD	Addition / Alteration / Repair (C) $0	as described on the drawing taking out limestone to the elevation of bottom of concrete then forming up to the same elevations as top of existing limestone	[O] N/A [C] N/A
4953 JOHNSTON ST	Commercial New Construction $0	Site Development, Shell Building, and Restaurant build-out. The remaining shell building shall remain in shell condition until separate plan review tenant space build-out drawings are submitted.	[O] N/A [C] N/A
124 SUSAN ST	Electrical Standalone (C) $0	Change out main breaker	[O] N/A [C] N/A
1000 RENAUD DR	Electrical Standalone (C) $0	Installed service lateral from outdoor meter/combo to inside service panel (FOR POLE)	[O] N/A [C] N/A
1820 AMBASSADOR CAFFERY PKWY	Electrical Standalone (C) $0	Install (4) 30A breakers for freezers	[O] N/A [C] N/A
301 GERALDINE DR	Electrical Standalone (C) $0	Rehab of Sewer Lift Station	[O] N/A [C] N/A
126 N AMBASSADOR CAFFERY PKWY	Electrical Standalone (C) $0	Traffic signal modifications to existing load side of feeder. Meter was pulled to do work but was already replaced.	[O] N/A [C] N/A
234 DISTRIBUTION DR	Electrical Standalone (C) $0	Temp. Power for a job trailer. LUS account number is 4001342752	[O] N/A [C] N/A
4416 JOHNSTON ST	Electrical Standalone (C) $0	CHANGE OUT SERVICE	[O] BRAYAN AMAYA [C] N/A
4010 W CONGRESS ST	Generator (C) $0	Generator for LUS Customer Service Center located at 4010 West Congress St	[O] N/A [C] RONNIE FRISBY’S PLUMBING LLC, RONALD FRISBY
2809 JOHNSTON ST	Plumbing Standalone (C) $0	Install a 1” backflow for meter W2307580	[O] N/A [C] COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
1000 ROBLEY DR	Plumbing Standalone (C) $0	Back flow inspection for building 8.	[O] N/A [C] AUCOIN’S PLUMBING SERVICES LLC, DEREK ACOIN
117 WESTMARK BLVD	Plumbing Standalone (C) $0	Backflow Installation	[O] N/A [C] CJ’S PLUMBING REPAIR, CONNIE J GOULAS
203 ZIM CIR	Plumbing Standalone (C) $0	N/A	[O] HOUSING AUTHORITY OF THE CITY OF LAFAYETTE [C] BRANT’S PLUMBING, BRANT GOULAS
149 ARNOULD BLVD	Plumbing Standalone (C) $0	Backflow Install	[O] N/A [C] ACADIANA PLUMBING SERVICE LLC, DUSTIN R AUCOIN
211 LODGE DR	Plumbing Standalone (C) $0	Installed new backflow	[O] N/A [C] NAVARRE’S PLUMBING LLC, TYLER NAVARRE
315 GUILBEAU RD	Sign – Freestanding (C) $0	Gallery Apartments replace panel	[O] N/A [C] AAA Signs, L.L.C., John Brent Comeaux
6413 St. Suite 500	Sign – Freestanding Electrical (C) $0	N/A	[O] N/A [C] N/A
5801 JOHNSTON ST	Sign – Freestanding Electrical (C) $0	N/A	[O] N/A [C] BATON ROUGE SIGN & GRAPHICS LLC, Jeremiah T. Halford
2600 AMBASSADOR CAFFERY PKWY	Sign – Wall Sign (C) $0	DW VEHICLE LEASING	[O] N/A [C] N/A
514 JOHNSTON ST	Sign – Wall Sign Electrical (C) $0	Acceptance Insurance w car logo	[O] N/A [C] N/A
109 OLD CAMP RD	Sign – Wall Sign Electrical (C) $0	CHATIME	[O] N/A [C] AAA Signs, L.L.C., John Brent Comeaux

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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