The Pulse LFT: T-Frere's Bed and Breakfast sells

03 Jul The Pulse LFT: T-Frere’s Bed and Breakfast sells

Posted at 09:17h 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

605 W Congress St

Type: Office
Price: $970,000 ($266.85 / SF)
Buyer: PREMIER STAFFING LLC
Elifin’s Notes: Local entity purchases office property fronting on West Congress Street between Saint John St and South Washington St

2309 W Pinhook Rd

Type: Mixed-Use
Price: $950,000 ($203.56 / SF)
Buyer: LAM, SON BINH; TRAN, TRAM NGUYEN THU
Elifin’s Notes: A local pair of investors purchase a car wash, gas station/convenience store sitting on 3.7+ acres within a pre-existing parcel across from the corner of West Pinhook Road and Energy Parkway

900 S Bernard Rd

Type: Land
Price: $720,000 ($5.97 / Land SF)
Buyer: TRAN, XIA VAN; TRAN, OANH THI
Elifin’s Notes: A pair of Youngsville-based investors purchase 2.7+ acres of vacant commercial land in Broussard

1905 Verot School Rd

Type: Hospitality
Price: $485,000 ($53,889 / Unit)
Buyer: SSLT LLC
Elifin’s Notes: Maurice-based investor purchases the famed T-Frere’s Bed and Breakfast property operating out of a home built in 1880

425 Jefferson St

Type: Retail
Price: $425,000 ($146.55 / SF)
Buyer: 425 JEFFERSON PROPERTIES LLC
Elifin’s Notes: Retail space sells along Jefferson Street in the Downtown area

130 Rue Beauregard, Unit A

Type: Office
Price: $410,000 ($142.36 / SF)
Buyer: 130 A RUE BEAUREGARD LLC
Elifin’s Notes: Local individual purchases a office condominium building right off of Kaliste Saloom and Rue Beauregard

206 E Saint Mary Blvd

Type: Retail
Price: $395,000 ($98.87 / SF)
Buyer: WE ARE GROOT LAFAYETTE LLC
Elifin’s Notes: Baton Rouge-based entity purchases a restaurant property on UL’s campus

309 Mineral Rd

Type: Industrial
Price: $300,000 ($40.37 / SF)
Buyer: RABAK PROPERTIES LLC
Elifin’s Notes: Industrial property sells within the Fleur De Lis Commercial Park in Broussard

104 Business Park Drive

Type: Land
Price: $200,000 ($6.56 / Land SF)
Buyer: RR COMPANY OF AMERICA LLC
Elifin’s Notes: Local developer entity purchases a vacant commercial lot within the Verot Business Park

2138 Hwy 93 N, Tr. B

Type: Land
Price: $131,000 ($0.64 / Land SF)
Buyer: PREMIER CONCRETE WORKS LLC
Elifin’s Notes: Local entity purchases 4.7 acres of vacant land in along LA Hwy 93 in Scott

Commercial Permits Issued Last Week

Address	Type / Value	Description	Owner / Applicant / Contractor
300 VEROT SCHOOL RD	Addition / Alteration / Repair (C) $43,120.00	complete re-roof of building	[O] N/A [C] POOLE ROOFING COMPANY, INC., Poole, Richard Lane
2105 KALISTE SALOOM RD	Sign – Wall Sign (C) $2,850.00	N/A	[O] N/A [C] COMMERCIAL SIGNS, CODY MCELROY
1803 W UNIVERSITY AVE	Demo (C) $1,000.00	TAKING FREEZER OUT OF BUILDING CLEANING UP PROPERTY OK ERIC ARMENTOR TO SELL PERMIT AS PER ASIM BALOCH @ 8:20 6/26/2023	[O] ABDULSATTAR AL-SHAEBI [C] property owner, abess llc
822 HARDING ST	Addition / Alteration / Repair (C) $0.00	Renovation of an existing office building. The scope of work is as follows: – demolition, relocation, construction of new walls to make office space more efficient. – some additional plumbing for sinks at coffee stations and breakrooms – rework of existing mechanical system, units will remain as is and some duct work would be adjusted. – electrical to remain as is, light fixtures replaced with new more efficient fixtures – relocate restroom access on level 02 and 03, and add smoke detection to “communicating space” and notification in restrooms per FM review and equivalency appea	[O] N/A [C] N/A
2418 W PINHOOK RD	Addition / Alteration / Repair (C) $0.00	We want to change the old station into cold bar and a grill. There is water, electric and drain already in that area. we will add a hood on top of the grill. The old sushi bar will be taken down and change into a new station. The old sushi bar has water, electric and drain.	[O] N/A [C] N/A
220 PORTLAND AVE	Addition / Alteration / Repair (C) $0.00	We currently have a 45′ X 65′ open air structured pavilion. We are simply adding walls and insulation and exit doors	[O] N/A [C] N/A
130 RUE BEAUREGARD	Addition / Alteration / Repair (C) $0.00	Removal of non-load bearing wall and addition of one non-load bearing wall with 36″ door	[O] N/A [C] N/A
1927 W UNIVERSITY AVE	Addition / Alteration / Repair (C) $0.00	Move in to existing building as-is	[O] N/A [C] N/A
2435 W CONGRESS ST	Addition / Alteration / Repair (C) $0.00	An Interior Renovation for Goodwill Acadiana Corporate Office	[O] N/A [C] N/A
339 S BUCHANAN ST	Addition / Alteration / Repair (C) $0.00	Change of occupancy and renovation of building.	[O] N/A [C] N/A
1101 ERASTE LANDRY RD	Addition / Alteration / Repair (C) $0.00	SOME EXISTING WALLS AND FINISHES TO BE DEMOED, AND PROVIDE NEW WALLS AND FINISHES PER PROPOSED PLAN. ALTERATIONS ARE LESS THAN 50 PERCENT	[O] N/A [C] N/A
210 E VERMILION ST	Addition / Alteration / Repair (C) $0.00	Tenant expansion	[O] N/A [C] N/A
212 ROW 1	Commercial New Construction $0.00	new construction	[O] N/A [C] N/A
200 GREENLEAF DR	Electrical Standalone (C) $0.00	CHANGE OUT PANEL	[O] N/A [C] N/A
200 PRODUCTION DR	Electrical Standalone (C) $0.00	GENERAL INSPECTION TO GET UTILITIES ON	[O] N/A [C] N/A
317 BELLOT ST	Electrical Standalone (C) $0.00	PANEL CHANGE OUT	[O] N/A [C] N/A
2810 JOHNSTON ST	Electrical Standalone (C) $0.00	Move a circuit for a ATM at a Bank	[O] N/A [C] N/A
2826 LOUISIANA AVE #1202	Electrical Standalone (C) $0.00	Residential Condo GENERAL	[O] N/A [C] N/A
224 JOHN WAYNE DR	Electrical Standalone (C) $0.00	Service change due to storm damage. Tree fell on service pole.	[O] N/A [C] N/A
226 JOHN WAYNE DR	Electrical Standalone (C) $0.00	New service. Tree fell on existing service.	[O] N/A [C] N/A
100 BEAUVAIS AVE	Electrical Standalone (C) $0.00	The building is being used as an office space and some educational training. Lafayette Utilities is requiring a permit to resume service in a location that has been vacant for at least 6 months. (Not certain exactly what type of service is required)	[O] N/A [C] N/A
301 BIRCH DR	Electrical Standalone (C) $0.00	METER BASE REPAIR	[O] N/A [C] N/A
2888 NE EVANGELINE THWY	Electrical Standalone (C) $0.00	GENERAL INSPECTION	[O] N/A [C] N/A
4702 JOHNSTON ST	Electrical Standalone (C) $0.00	to show, to lease suite j	[O] N/A [C] N/A
200 MERCHANTS BLVD	Electrical Standalone (C) $0.00	Needs inspection to turn meter back on since it has been off for over 6 months	[O] N/A [C] N/A
108 MERCHANTS BLVD	Electrical Standalone (C) $0.00	Meter has been off for over 6 months so we need an inspection to get power turned back on	[O] N/A [C] N/A
215 W WILLOW ST	Mechanical Standalone (C) $0.00	REFER TO 2022-3033 FOR FEES THIS PERMIT IS GENERAL FOR ROOFTOP	[O] N/A [C] N/A
3747 AMBASSADOR CAFFERY PKWY	Mechanical Standalone (C) $0.00	REFER TO 2022-3034 FOR FEES & INSP THIS PERMIT IS GENERAL FOR ROOFTOP	[O] N/A [C] N/A
556 JEFFERSON ST	Plumbing Standalone (C) $0.00	INSTALL NEW 3″ RPZ BACKFLOW PREVENTER AT LOCATION ABOVE 556 RUE JEFFERSON ST SUITE 500	[O] N/A [C] BABINEAUX PLUMBING INC, BABINEAUX RODNEY J
2213 KALISTE SALOOM RD	Plumbing Standalone (C) $0.00	New backflow install for commercial irrigation	[O] N/A [C] BROTHERS SERVICES, INC, STEVE SCARSELLA
1811 N UNIVERSITY AVE	Sign – Wall Sign (C) $0.00	N/A	[O] N/A [C] N/A
1013 CAMELLIA BLVD	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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