The Pulse LFT: Renowned Jefferson Street Pub building sells for $2.6mm

01 May The Pulse LFT: Renowned Jefferson Street Pub building sells for $2.6mm

Posted at 09:33h 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

Type: Mixed-Use
Price: $2,600,000 ($173.33 / SF)
Buyer: SEVEN OAKS GRAND COTEAU LLC
Elifin’s Notes: Arnaudville-based investors purchase the renowned downtown building housing the Jefferson Street Pub on the first floor and 5 apartments on the second, along with the adjacent 0.356 acres of commercial land, currently utilized for parking

Lot 6 Rue de Cotton

Type: Land
Price: $2,362,080 ($3.21 / Land SF)
Buyer: SOUTHEASTERN FREIGHT LINES INC
Elifin’s Notes: Southeastern Freight Lines purchases 16.872 acres of vacant land in the Cenac Commercial Park area in Carencro

1930 Chemin Metairie Pkwy

Type: Land
Price: $595,000 ($10.82 / Land SF)
Buyer: LOS LAND LLC
Elifin’s Notes: Local group of investors purchase a 1.262 acre portion of an existing parcel of vacant commercial land along Chemin Metairie Parkway across from the Sugar Mill Villas

3909 Ambassador Caffery Pkwy, Suite H-1

Type: Office
Price: $447,500 ($223.75 / SF)
Buyer: MSH REAL ESTATE LLC
Elifin’s Notes: Local entity purchases an office condominium unit in the Dover Office Park along Ambassador Caffrey near Robley Drive

210 Sage Glenn Ln

Type: Land
Price: $325,000 ($1.99 / Land SF)
Buyer: GO MEDIA LLC
Elifin’s Notes: Local investors purchase 3.75 acres of vacant industrial land located off of Verot School Road between West Pinhook and South College

332 E Farrel Rd, Unit 332-B

Type: Office
Price: $100,000 ($100 / SF)
Buyer: ZIANA LLC
Elifin’s Notes: Lafayette-based entity purchases an office condominium unit on East Farrel Road in the Farrel Square Office Complex

212 Row 1

Type: Land
Price: $90,000 ($2.35 / Land SF)
Buyer: SEER INVESTMENTS LLC
Elifin’s Notes: Youngsville-based investors purchase two adjacent parcels of vacant industrial land in the Canebreak Commercial & Business Park area

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
3145 AMBASSADOR CAFFERY PKWY	Addition / Alteration / Repair (C) $0.00	Two added changing rooms with showers and one closet to existing tenant space of building.	[O] N/A [C] DELEON CONSTRUCTION LLC, Gerry K Young
300 MACON RD	Addition / Alteration / Repair (C) $0.00	CONSTRUCTION OF A 340 SF WOOD FRAME, CEMENT COMPOSITION SIDING ON CONCRETE FOUNDATION	[O] N/A [C] N/A
1600 CAMELLIA BLVD	Addition / Alteration / Repair (C) $0.00	single story, VB construction with stucco, lap siding & standing seam metal roof 5000 SF, Occupancy B. No fire alarm or sprinkler system required or provided	[O] N/A [C] N/A
104 CAMILLE ST	Addition / Alteration / Repair (C) $0.00	Install 30ft x 45ft canopy, driveway and pave existing limestone parking lot	[O] N/A [C] MWT SAFETY, MARK THIBODEAUX
100 BELLE FONTAINE DR	Demo (C) $58,553.00	INTERIOR DEMOLITION OF FIRE DAMAGED 8 PLEX APARTMENT	[O] N/A [C] Lafayette Home Improvements, LLC
301 BIRCH DR	Electrical Standalone (C) $0.00	General ele for lights	[O] STONE GATE APTS [C] KEISHA LANDRY
210 W PONT DES MOUTON RD	Electrical Standalone (C) $0.00	Rebuilding service Lot #51 STACY ACRES	[O] N/A [C] N/A
210 W PONT DES MOUTON RD	Electrical Standalone (C) $0.00	Rebuilding Service Lot #52	[O] N/A [C] N/A
2501 VEROT SCHOOL RD	Electrical Standalone (C) $0.00	Salon #101	[O] N/A [C] N/A
1111 ROPER DR #143	Electrical Standalone (C) $0.00	ELEC POLE FOR TRAILER	[O] N/A [C] N/A
200 MERCHANTS BLVD	Electrical Standalone (C) $0.00	Need to replace bad unit breaker behind meter	[O] N/A [C] N/A
1001 E SIMCOE ST	Electrical Standalone (C) $0.00	off more than 6mths	[O] N/A [C] N/A
104 MCKINLEY ST	Electrical Standalone (C) $0.00	Hall for private events CO 22518 with Kim	[O] N/A [C] N/A
502 ROW 1	Electrical Standalone (C) $0.00	Taking service off the wall so the homeowner can have the wall repaired.	[O] N/A [C] N/A
121 ALCIDE DOMINIQUE DR	Electrical Standalone (C) $0.00	Apartment Complex – Unit 333 – open meter and check wire stability	[O] N/A [C] N/A
624 E KALISTE SALOOM RD	Electrical Standalone (C) $0.00	REMODEL FUEL SYSTEM	[O] CIRCLE K STORE, CIRCLE K STORES [C] KEVIN FONTENOT ELECTRICAL SERVICE, KEVIN FONTENOT
4702 JOHNSTON ST	Electrical Standalone (C) $0.00	Tattoo and piercing studio	[O] N/A [C] N/A
2813 JOHNSTON ST #B	Electrical Standalone (C) $0.00	merchant electricity out – need to turn on	[O] N/A [C] N/A
230 JENKINS RD #28	Electrical Standalone (C) $0.00	Replaced Mobile Home Power Pole Lot # 28	[O] N/A [C] N/A
105 WESTWOOD DR	Electrical Standalone (C) $0.00	Change out electrical panel in Apt.#176, Building #14	[O] N/A [C] N/A
220 WILKIE ST	Electrical Standalone (C) $0.00	Change out electrical panel in Apt.#810, Building #20	[O] N/A [C] N/A
1103 W UNIVERSITY AVE	Electrical Standalone (C) $0.00	CHANGE OUT	[O] N/A [C] N/A
1144 COOLIDGE ST #A	Electrical Standalone (C) $0.00	OLGMC SUITE A GENERAL FOR LIGHTS	[O] N/A [C] N/A
4207 CAMERON ST	Generator (C) $0.00	Running Gas to a generator.	[O] N/A [C] COLVILLE PLUMBING & HEATING INC, DOUGLAS STUTES
3221 LOUISIANA AVE	Mechanical Standalone (C) $0.00	Replaced 1- 5 ton package unit with electric heat kit. Replaced 1- 7.5 ton package unit with electric heat kit. Suite 102	[O] N/A [C] BUILDING AIR SERVICES INC, STEPHEN KEVIN BOOSE
108 E KALISTE SALOOM RD	Plumbing Standalone (C) $0.00	RP’s Sewer Service will be replacing a reduced pressure backflow prevention device for the building located at 108 East Kaliste Saloom Road. This location will become a Church’s Fried Chicken restaurant.	[O] N/A [C] RP’S SEWER SERVICES, LLC, RONALD TOUCHET
117 AUDUBON BLVD	Plumbing Standalone (C) $0.00	GAS	[O] N/A [C] AIR PLUS LLC, DON L. LABRO
410 ERASTE LANDRY RD	Plumbing Standalone (C) $0.00	INSTALLED BACKFLOW; WILL NEED INSPECTION	[O] N/A [C] ACE PLUMBING INC, BRYAN A. TABOR
105 WOODS XING #A	Plumbing Standalone (C) $0.00	105 Woods Crossing is a common area for the HOA. Its actually a round about and the back flow preventer was installed for the landscaping.	[O] River Rach HOA [C] ACADIANA CHOPPERS INC, VICTOR SIMON
120 VILLAGGIO DR #A	Plumbing Standalone (C) $0.00	This is a common area for a HOA. Its an island in the cul de sac. Backflow is for the irrigation for landscaping.	[O] N/A [C] ACADIANA CHOPPERS INC, VICTOR SIMON
1408 W WILLOW ST	Plumbing Standalone (C) $0.00	Backflow installation on containment water. Next to building “R”. W1506874 feeds building R, S, P, & Q.	[O] N/A [C] ACADIANA PLUMBING SERVICE LLC, DUSTIN R AUCOIN
2944 JOHNSTON ST	Plumbing Standalone (C) $0.00	Customer had a gas leak at their restaurant. Will need permit to schedule inspection	[O] N/A [C] NEXT PLUMBING LLC, BLAIR GOULAS
406 SAINT JULIEN AVE	Plumbing Standalone (C) $0.00	(2) BACKFLOW PREVENTORS -DOMESTIC WATER -ISOLATION LOCATION: IN BOILER ROOM INSIDE BLD/ AT METER ON ST MARY	[O] STEPS RECOVERY, STEPS RECOVERY [C] NOAH FA-KOURI PLUMBING LLC, NOAH FA-KOURI
101 VENTURE WAY	Sign – Freestanding (C) $0.00	Replacing a freestanding monument/neighborhood sign within ROW	[O] N/A [C] N/A
234 DUHON RD	Sign – Freestanding (C) $0.00	N/A	[O] N/A [C] N/A
4480 JOHNSTON ST	Sign – Freestanding (C) $0.00	Monument Sign	[O] N/A [C] N/A
1600 CAMELLIA BLVD	Sign – Wall Sign (C) $12,017.75	N/A	[O] N/A [C] AAA Signs, L.L.C., John Brent Comeaux
2005 VEROT SCHOOL RD	Sign – Wall Sign (C) $1,500.00	N/A	[O] N/A [C] Unisignco, Nick Dubuisson
700 VEROT SCHOOL RD	Sign – Wall Sign (C) $5,000.00	N/A	[O] N/A [C] Empire Canopy, Sign & Construction, Amanda Wilkison
2275 S RICHFIELD RD	Sign – Wall Sign (C) $5,000.00	N/A	[O] N/A [C] Empire Canopy, Sign & Construction, Amanda Wilkison
4611 AMBASSADOR CAFFERY PKWY	Sign – Wall Sign (C) $0.00	N/A	[O] N/A [C] N/A
4611 AMBASSADOR CAFFERY PKWY	Sign – Wall Sign (C) $39,000.00	N/A	[O] N/A [C] AAA Signs, L.L.C., John Brent Comeaux
4480 JOHNSTON ST	Sign – Wall Sign (C) $0.00	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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