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230 Heymann Blvd/200 Travis st

16,906 SF 100% Leased Office Building Lafayette, LA 70503 $2,050,000 ($121/SF)

Executive Summary

Purchase opportunity for the first time in 30 years. Convenient to the rapidly expanding Ochsner Lafayette General, University of Louisiana at Lafayette, Downtown and Hwy 90. Surrounded by many restaurants, retail and medical/professional offices. Highly visible 16,906 SF office building located in the heart of the Oil Center, on the corner of Heymann Blvd and Travis Street. Property features mid-century modern architecture with multiple entrances, allowing various businesses to operate with complete privacy under one roof. Situated in Flood Zone X. Building is owner-occupied with leases in place on unused portion, giving new owner flexibility on occupying as much space as needed and/or retaining current leases for investment. Possibility for the current owner to stay in and lease back for +/-12 months until relocation.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
16,906 SF
Building Class
B
Year Built
1995
Price
$2,050,000
Price Per SF
$121
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
8,453 SF
Building FAR
0.74
Land Acres
0.53 AC
Opportunity Zone
Yes
Zoning
CM-1 (COMMERCIAL MIXED 1)
Parking
30 Spaces (1.77 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6084987
Land Assessment
$22,642
Improvements Assessment
$164,792
Total Assessment
$187,434
  • Listing ID: 31335994

  • Date on Market: 3/26/2024

  • Last Updated:

  • Address: 230 Heymann Blvd/200 Travis st, Lafayette, LA 70503

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