Retail Space
209 North Morgan Avenue Broussard, LA 70518
Details & Description
Price: $1,200,000
    Investment opportunity. Centralized in Broussard, LA, with easy access to Hwy. 90, this building could be used as restaurant or special purpose building. Plenty of parking with a drive through window on a corner lot. This building also features a large covered patio/bar area for outdoor events. It has a full kitchen, lobby and dining area. This building is currently leased thru 7/31/22 to an established restaurant and option by the Lessee to extend for additional 3 years. Some FF&E will be conveyed.
    Property ID:    235802
    Property URL: melqr.com/235802
    Generated:    04-27-24
    Additional Photos
    Listing Agents
    Brennan Billeaud

    O: 337-233-9541
    M: 337-654-2591
    brennan@bbilleaud.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Retail Space / Louisiana / Broussard / 70518 / 209 North Morgan Avenue

    209 North Morgan Avenue

    Broussard, LA 70518

    Listing ID: 235802
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    • 209 North Morgan Avenue Broussard, LA 70518 | for Sale | Photo 1
    • 209 North Morgan Avenue Broussard, LA 70518 | for Sale | Photo 2
    • 209 North Morgan Avenue Broussard, LA 70518 | for Sale | Photo 3
    • 209 North Morgan Avenue Broussard, LA 70518 | for Sale | Photo 4
    • 209 North Morgan Avenue Broussard, LA 70518 | for Sale | Photo 5
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    209 North Morgan Avenue | for Sale | Thumbnail 2
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    Building Size: 5,150 SF
    Lot Size: 1.200 AC
    Land Size: 52,272 SF
    Building $/SF: $233.01
    Land $/SF: $22.96
    Price
    $1,200,000
    Description

    Investment opportunity. Centralized in Broussard, LA, with easy access to Hwy. 90, this building could be used as restaurant or special purpose building. Plenty of parking with a drive through window on a corner lot. This building also features a large covered patio/bar area for outdoor events. It has a full kitchen, lobby and dining area. This building is currently leased thru 7/31/22 to an established restaurant and option by the Lessee to extend for additional 3 years. Some FF&E will be conveyed.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Lafayette History of Retail Space for Sale

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    Broussard Area Market Trends

    Listing Demographics for 209 North Morgan Avenue Broussard, LA 70518

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population2,23223,06360,656
    Population Median Age373637
    Population by Age0-9 Yrs301 (13%)3626 (15%)8659 (14%)
    10-19 Yrs264 (11%)2603 (11%)6866 (11%)
    20-29 Yrs300 (13%)2912 (12%)7480 (12%)
    30-39 Yrs386 (17%)4350 (18%)10539 (17%)
    40-49 Yrs251 (11%)2819 (12%)7472 (12%)
    50-59 Yrs333 (14%)2805 (12%)7951 (13%)
    60-69 Yrs258 (11%)2658 (11%)7089 (11%)
    70+ Yrs138 (6%)1290 (5%)4600 (7%)
    Median HH Income$62,551$71,195$72,480
    Total Household Income< 24K188 (21%)1371 (15%)3910 (16%)
    25-49K148 (16%)1609 (18%)4143 (17%)
    50-74K162 (18%)1538 (17%)4019 (17%)
    75-99K110 (12%)1272 (14%)2990 (12%)
    100-199K246 (28%)2222 (25%)6101 (26%)
    200K+17 (1%)609 (7%)2196 (9%)
    Highest Education LevelNo Diploma17013363395
    Diploma or GED471467711074
    Some College27931388291
    Assoc. Degree886551869
    Bachelors Degree386403812143
    Higher Degree17419235288
    Total Housing Units1,0369,64526,008
    --Owner-Occupied6646,34616,651
    --Renter-Occupied2072,2756,708
    Owner-Occupied Values< 100K1447641665
    100-199K20422915180
    200-299K23319795205
    300-399K516762122
    400-499K182871142
    500K+143481337
    Total Working Age Population1,76917,76847,587
    In Work Force1,19912,42633,017
    Not In Work Force5705,34214,570
    Workforce Employed1,12811,63731,043
    Workforce Unemployed717761,934
    Civlian Workforce1,19912,41332,978
    Military Workforce01240
    Total Households8718,62123,359
    Family Households5875,89515,488
    Non-Family Households2842,7267,871
    Married Couple4504,48611,730
    Other Family1371,4093,758
    Married w/Child2102,1535,335
    Single Male w/Child67387746
    Single Female w/Child395871,533

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Louisiana4,468,976+14,533,372+14,588,310+54,813,420
    Iberia Parish73,266073,240+476,150-175,450
    Lafayette Parish190,503+16221,578-2216,520+2221,600
    St. Martin Parish48,583+752,160+655,520+357,000
    Vermilion Parish53,807+857,999+258,930+260,150

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 209 North Morgan Avenue in Broussard?
    The asking price for 209 North Morgan Avenue is $1,200,000
    What is the building size of this Retail property in Broussard, LA?
    The size of the building/unit at 209 North Morgan Avenue in Broussard is 5,150 square feet
    How much land does the Broussard, LA property at 209 North Morgan Avenue include?
    209 North Morgan Avenue in Broussard includes 1.200 acres of land
    What kind of Retail is the propery at 209 North Morgan Avenue?
    The property at 209 North Morgan Avenue Broussard, LA 70518 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 209 North Morgan Avenue in Broussard?
    The population within 1 mile of 209 North Morgan Avenue Broussard, LA 70518 is 2,232 people.
    Who do I contact for questions about 209 North Morgan Avenue?
    You should contact the listing agent, Brennan Billeaud, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Lafayette Regional Airport (LFT) 4
    Louis Armstrong New Orleans International Airport (MSY) 103
    Monroe Regional Airport (MLU) 163
    Price
    $1,200,000
    Listing Agent
    Brennan Billeaud - CRE Agent at

    Brennan Billeaud

    NAI Latter & Blum (Lafayette)

    VIEW AGENT PROFILE

    CONTACT AGENT

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