The Pulse LFT: Le Béni Grand event venue property sells

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

Commercial Sales Recorded Last Week

717 Duhon Rd, Lafayette, LA 70506
717 Duhon Rd, Lafayette, LA 70506

Type: Retail
Price: $400,000
Buyer: H & H CAO INVESTMENT LLC
Elifin’s Notes: A former church, turned Le Béni Grand event venue, property changes hands near the intersection of Duhon Road and West Broussard Road

424 E Vermilion St, Lafayette, LA 70501
424 E Vermilion St, Lafayette, LA 70501

Type: Retail
Price: $330,000 ($220.00 / SF)
Buyer: NELLYKELLY ART LLC
Elifin’s Notes: NellyKelly Art LLC purchases a single family residence, historically used as an art studio, located right off of Johnston Street heading toward the Downtown area

911, 917 Lamar St, Lafayette, LA 70501
911, 917 Lamar St, Lafayette, LA 70501

Type: Land
Price: $165,000 ($11.84 / Land SF)
Buyer: HGH PROPERTIES LLC
Elifin’s Notes: A local investor purchases 0.3+ acres of land over two parcels, currently used as UL Student Parking at the corner of Lamar Street and General Mouton Avenue

Lot 1-B Alcide Dominique Dr, Lafayette, LA 70506
Lot 1-B Alcide Dominique Dr, Lafayette, LA 70506

Type: Land
Price: $120,000 ($1.41 / Land SF)
Buyer: BABINEAUX, ALBERT; BABINEAUX, TAMIKA MARIE
Elifin’s Notes: A 1.9+ acre vacant parcel of land sells along Alcide Dominique Drive near I-10 and North University Avenue

708 W University Ave, Lafayette, LA 70506
708 W University Ave, Lafayette, LA 70506

Type: Office
Price: Withheld
Buyer: MILO ENTERPRISES LC
Elifin’s Notes: Local lawyer purchases a multi-tenant office building sitting on the corner of West Convent Street and West University Avenue


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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