1011-1015 Lee Avenue, Lafayette, LA 70501
$1,150,000
Property Type:
Commercial Lease
Baths:
2
Square Footage:
4,500
Lot Size (sq. ft.):
20,038
Status:
Active
Current Price:
$1,150,000
List Date:
11/06/2024
Last Modified:
3/10/2025
Description
**RARE PROPERTY! Opportunity Zone & New Roof!** 3 homes on 1 property! Originally built in 1880, this iconic property offers tremendous opportunity as a true commercial and/or residential live work experience. All 3 structures are very well maintained and updated separate structures with character and ambiance that only a historical site can offer. Ideal for Spa and wellness center, medical, Office, bed & breakfast, personal residence, bistro, downtown tourist & welcome center, pet boarding/grooming as well as many other options! The main house, 1011 Lee is 3b/2b, the adjacent residence is 2b/1b and the carriage house in the rear is 1b/1b (popular on AirBnB!) All three structures included for $1,150,000 or purchase separately, Seller already had the property subdivided: 1011 Lee Ave + carriage house for $825,000 and 1015 Lee Ave for $375,000. Carriage House and 1015 Lee Ave are both Tenant occupied. Located in the 'Opportunity Zone' within the CBD across from the Juliet boutique hotel and with an abundance of parking in close proximity. Cross listed in Commercial databases. Buy, Lease/Purchase, Trade - Call for additional details!
Supplements: ********
More Information MLS# 24010301
Listing Info
Status: Active
Listing Date: 2024-11-04
For Sale: Yes
For Lease: Yes
Listing Price: 1150000
Current Price: $1,150,000
List Price/SqFt: 255.56
For Lease Price: 3800
Per: Month
Location Tax Legal Info
Street Number: 1011-1015
Street Name: Lee
St Suffix: Avenue
Parish: Lafayette
State: LA
Zip Code: 70501
Subdivision: Mouton Addition
Area: G3
Tax Assessment Number: 6172064 6172065
Zone: CBD
Directions: Johnston to Jefferson towards downtown, Left onto Lee Ave
General Property Description
Acres: 0.46
SqFt - Retail: 3189
SqFt - Office: 1311
SqFt - Living: 4500
SqFt - Source: Approximate
Stories: 2
Elevator: No
# Offices: 4
Total Baths: 2
Ceiling Height (Ft): 11
Mineral Rights: Reserved
# Parking Spaces: 6
Acreage Range: 0 - 0.5
Sewer
Sewer Company: LUS
Water Source
Water Company: LUS
Property Features
Property Type: Medical; Professional/Office; Restaurant
Location: Downtown; Freestanding; Historic Area
Road Frontage: Public Street
Features: Employee Lounge; Living Space Available; Storage Above Offices
Exterior: Partially Fenced
Heating: Central; Natural Gas
Cooling: Ceiling Fans; Central Air
Gas: Available; On Property
Electricity: 100+ Amps
Sewer: Public Sewer; Separate Meters
Water Source: Public
Construction: Frame
Roof: Composition; Metal; Other
Flooring: Tile; Wood
Documents: Floor Plan; Legal Description
Lot Description: Interior Lot; Level; Zero Lot Line
Landlord Pays: None
Parking: On Site; On Street
Foundation: Brick Piers; Concrete Piers
Financing: Cash; Conventional; Lease Purchase; Owner Finance; Private Banking; See Remarks
Price Includes: Real Estate
Security Features: Security System; Smoke Alarm
Listing Office: Compass
Last Updated: March - 10 - 2025
Broker Attribution:
337-233-9700
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.