T-Frere’s Bed and Breakfast sells

The July 3, 2023 issue covers ten commercial sales recorded across Lafayette the previous week, totaling $4.99M in disclosed volume. The headline deal: PREMIER STAFFING LLC paid $970K ($266.85/SF) for an office property on West Congress Street between Saint John Street and South Washington Street. Land led the week with three of the ten sales, while a Maurice-based investor paid $485K for T-Frere's Bed and Breakfast, which operates out of a home built in 1880, and a local pair bought a car wash and gas station/convenience store on 3.7+ acres on West Pinhook Road for $950K.

By ELIFIN® Source: ELIFIN transaction database

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10Commercial sales recorded
$4.99MDisclosed volume (10 of 10 sales)
$970KLargest sale · 605 W Congress St
3Land sales, the most active type

Commercial Sales Recorded Last Week 10 sales

605 W Congress St

605 W Congress St

  • Office

$970,000 $266.85 / SF

Local entity purchases office property fronting on West Congress Street between Saint John St and South Washington St

BuyerPREMIER STAFFING LLC

2309 W Pinhook Rd

2309 W Pinhook Rd

  • Mixed-Use

$950,000 $203.56 / SF

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

BuyerLAM, SON BINH; TRAN, TRAM NGUYEN THU

900 S Bernard Rd

900 S Bernard Rd

  • Land

$720,000 $5.97 / Land SF

A pair of Youngsville-based investors purchase 2.7+ acres of vacant commercial land in Broussard

BuyerTRAN, XIA VAN; TRAN, OANH THI

1905 Verot School Rd

1905 Verot School Rd

  • Hospitality

$485,000 $53,889 / unit

Maurice-based investor purchases the famed T-Frere's Bed and Breakfast property operating out of a home built in 1880

BuyerSSLT LLC

425 Jefferson St

425 Jefferson St

  • Retail

$425,000 $146.55 / SF

Retail space sells along Jefferson Street in the Downtown area

Buyer425 JEFFERSON PROPERTIES LLC

130 Rue Beauregard, Unit A

130 Rue Beauregard, Unit A

  • Office

$410,000 $142.36 / SF

Local individual purchases a office condominium building right off of Kaliste Saloom and Rue Beauregard

Buyer130 A RUE BEAUREGARD LLC

206 E Saint Mary Blvd

206 E Saint Mary Blvd

  • Retail

$395,000 $98.87 / SF

Baton Rouge-based entity purchases a restaurant property on UL's campus

BuyerWE ARE GROOT LAFAYETTE LLC

309 Mineral Rd

309 Mineral Rd

  • Industrial

$300,000 $40.37 / SF

Industrial property sells within the Fleur De Lis Commercial Park in Broussard

BuyerRABAK PROPERTIES LLC

104 Business Park Drive

104 Business Park Drive

  • Land

$200,000 $6.56 / Land SF

Local developer entity purchases a vacant commercial lot within the Verot Business Park

BuyerRR COMPANY OF AMERICA LLC

2138 Hwy 93 N, Tr. B

2138 Hwy 93 N, Tr. B

  • Land

$131,000 $0.64 / Land SF

Local entity purchases 4.7 acres of vacant land in along LA Hwy 93 in Scott

BuyerPREMIER CONCRETE WORKS LLC

Commercial Permits Issued Last Week 32 permits

AddressTypeValueDescriptionOwner / Applicant / Contractor
300 VEROT SCHOOL RDAddition / Alteration / Repair (C)$43,120complete re-roof of buildingO N/AC POOLE ROOFING COMPANY, INC., Poole, Richard Lane
2105 KALISTE SALOOM RDSign – Wall Sign (C)$2,850N/AO N/AC COMMERCIAL SIGNS, CODY MCELROY
1803 W UNIVERSITY AVEDemo (C)$1,000TAKING FREEZER OUT OF BUILDING CLEANING UP PROPERTY OK ERIC ARMENTOR TO SELL PERMIT AS PER ASIM BALOCH @ 8:20 6/26/2023O ABDULSATTAR AL-SHAEBIC property owner, abess llc
822 HARDING STAddition / Alteration / Repair (C)$0Renovation 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 appeaO N/AC N/A
2418 W PINHOOK RDAddition / Alteration / Repair (C)$0We 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/AC N/A
220 PORTLAND AVEAddition / Alteration / Repair (C)$0We currently have a 45' X 65' open air structured pavilion. We are simply adding walls and insulation and exit doorsO N/AC N/A
130 RUE BEAUREGARDAddition / Alteration / Repair (C)$0Removal of non-load bearing wall and addition of one non-load bearing wall with 36" doorO N/AC N/A
1927 W UNIVERSITY AVEAddition / Alteration / Repair (C)$0Move in to existing building as-isO N/AC N/A
2435 W CONGRESS STAddition / Alteration / Repair (C)$0An Interior Renovation for Goodwill Acadiana Corporate OfficeO N/AC N/A
339 S BUCHANAN STAddition / Alteration / Repair (C)$0Change of occupancy and renovation of building.O N/AC N/A
1101 ERASTE LANDRY RDAddition / Alteration / Repair (C)$0SOME EXISTING WALLS AND FINISHES TO BE DEMOED, AND PROVIDE NEW WALLS AND FINISHES PER PROPOSED PLAN. ALTERATIONS ARE LESS THAN 50 PERCENTO N/AC N/A
210 E VERMILION STAddition / Alteration / Repair (C)$0Tenant expansionO N/AC N/A
212 ROW 1Commercial New Construction$0new constructionO N/AC N/A
200 GREENLEAF DRElectrical Standalone (C)$0CHANGE OUT PANELO N/AC N/A
200 PRODUCTION DRElectrical Standalone (C)$0GENERAL INSPECTION TO GET UTILITIES ONO N/AC N/A
317 BELLOT STElectrical Standalone (C)$0PANEL CHANGE OUTO N/AC N/A
2810 JOHNSTON STElectrical Standalone (C)$0Move a circuit for a ATM at a BankO N/AC N/A
2826 LOUISIANA AVE #1202Electrical Standalone (C)$0Residential Condo GENERALO N/AC N/A
224 JOHN WAYNE DRElectrical Standalone (C)$0Service change due to storm damage. Tree fell on service pole.O N/AC N/A
226 JOHN WAYNE DRElectrical Standalone (C)$0New service. Tree fell on existing service.O N/AC N/A
100 BEAUVAIS AVEElectrical Standalone (C)$0The 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/AC N/A
301 BIRCH DRElectrical Standalone (C)$0METER BASE REPAIRO N/AC N/A
2888 NE EVANGELINE THWYElectrical Standalone (C)$0GENERAL INSPECTIONO N/AC N/A
4702 JOHNSTON STElectrical Standalone (C)$0to show, to lease suite jO N/AC N/A
200 MERCHANTS BLVDElectrical Standalone (C)$0Needs inspection to turn meter back on since it has been off for over 6 monthsO N/AC N/A
108 MERCHANTS BLVDElectrical Standalone (C)$0Meter has been off for over 6 months so we need an inspection to get power turned back onO N/AC N/A
215 W WILLOW STMechanical Standalone (C)$0REFER TO 2022-3033 FOR FEES THIS PERMIT IS GENERAL FOR ROOFTOPO N/AC N/A
3747 AMBASSADOR CAFFERY PKWYMechanical Standalone (C)$0REFER TO 2022-3034 FOR FEES & INSP THIS PERMIT IS GENERAL FOR ROOFTOPO N/AC N/A
556 JEFFERSON STPlumbing Standalone (C)$0INSTALL NEW 3" RPZ BACKFLOW PREVENTER AT LOCATION ABOVE 556 RUE JEFFERSON ST SUITE 500O N/AC BABINEAUX PLUMBING INC, BABINEAUX RODNEY J
2213 KALISTE SALOOM RDPlumbing Standalone (C)$0New backflow install for commercial irrigationO N/AC BROTHERS SERVICES, INC, STEVE SCARSELLA
1811 N UNIVERSITY AVESign – Wall Sign (C)$0N/AO N/AC N/A
1013 CAMELLIA BLVDSign – Wall Sign (C)$0N/AO N/AC N/A
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