215 E Convent Street, Lafayette, LA 70501 (MLS# 25000697)

215 E Convent Street, Lafayette, LA 70501

$1,200,000
Property Type: Comm Bldg Sale/Lease Baths: 10 Square Footage: 7,000 Lot Size (sq. ft.): 21,780 Status: Active
Current Price: $1,200,000 List Date: 1/23/2025 Last Modified: 6/19/2025

Description

The Blue Moon Soon & Guesthouse, Lafayette's world-famous honky-tonk and guesthouse, is now available for purchase. After 24 years of operating and expansion, the owner is offering this iconic music venue, the attached guesthouse and adjacent short-term rentals. The Blue Moon Saloon & Guesthouse was recently featured on the Louisiana float in the Rose Bowl Parade in Pasadena, California. It was awarded the Best of Show for its theme representing a quintennial ''Louisiana Saturday Night'', cementing the Blue Moon as cultural institution. The Blue Moon Saloon has been featuring worldclass local and Interntaional musical acts for over 2 decades and the attached guesthouse has been hosting travelers from far and wide looking to indulge in Louisiana's rich culture. The music venue and guesthouse have appropriate permitting and are in an approved location for short-term rentals. Next to the Blue Moon Saloon & Guesthouse sits a five-unit house, primed for renovations sure to increase revenues. Potential buyers have an opportunity to add food services to the offering of the Blue Moon Saloon & Guesthouse allowing more revenue from daytime activity while keeping music goers on-site longer for the evening performances. What is your expertise? Rental investment, music, bar, food? Whatever it is, the trained staff and current owner are happy to share their experience and stay on to ensure a smooth transition if needed. Current financial statements will be available in person for qualified buyers with a signed confidentiality agreement. The iconic Blue Moon Saloon & Guesthouse and the adjacent properties are a treasure trove of opportunity. Come see for yourself!

Supplements: ********

More Information MLS# 25000697

Listing Info

Status: Active Listing Date: 2025-01-22 For Sale: Yes For Lease: No Listing Price: 1200000 Current Price: $1,200,000 List Price/SqFt: 171.43 Date Available: 2025-03-15

Location Tax Legal Info

Street Number: 215 Dir: E Street Name: Convent St Suffix: Street Parish: Lafayette State: LA Zip Code: 70501 Subdivision: Mouton Addition Area: G2 Tax Assessment Number: 6112331 Zone: Hotel Directions: Johnston St towards Downtown. Turn on E Convent property is located across from Borden's parking lot.

General Property Description

Lot Dimensions: 70X122 46x122 50x122 Acres: 0.5 SqFt - Retail: 6850 SqFt - Office: 100 SqFt - Warehouse: 250 SqFt - Living: 7000 SqFt - Source: Owner Stories: 2 Elevator: No # Offices: 1 Total Baths: 10 Ceiling Height (Ft): 9 Mineral Rights: Conveyed # Parking Spaces: 8 Acreage Range: 0 - 0.5

Sewer

Sewer Company: City of Lafayette

Water Source

Water Company: City of Lafayette

Property Features

Property Type: Business Opportunity; Hotel/Motel; Other Location: Downtown; Freestanding; Historic Area; Urban Road Frontage: Curb & Gutter; Paved; Public Street Features: Fire Sprinklers; Living Space Available Exterior: Door Sign; Outside Storage; Partially Fenced; Storage Building Heating: Natural Gas; Wall Unit(s) Cooling: Ceiling Fans; Window Units Gas: On Property Electricity: 200+ Amps; Circuit Breaker Sewer: Public Sewer Water Source: Public Construction: Frame Roof: Composition Flooring: Wood Documents: Appraisal; Furn/Equip List; Profit & Loss Lot Description: Interior Lot; Level Parking: On Site; On Street; Parking Lot; Varies by Unit Foundation: Concrete Piers Financing: 1031 Exchange; Cash; Conventional Price Includes: Furn/Fixtures/Equip; Real Estate Security Features: Security System; Smoke Alarm
Listing Office: Magnolia Real Estate & Constru
Last Updated: June - 19 - 2025
215 E Convent Street, Lafayette, LA 70501- MLS# 25000697
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