520 & 522 Garfield Street, Lafayette, LA 70501
$260,000
Property Type:
Comm Bldg Sale/Lease
Baths:
2
Square Footage:
1,950
Lot Size (sq. ft.):
9,583
Status:
Active
Current Price:
$260,000
List Date:
7/02/2025
Last Modified:
7/08/2025
Description
Located in the vibrant heart of Downtown Lafayette, walking distance to Festival International, this well-maintained commercial property offers nearly 2,000 square feet of versatile space with easy accessibility right off of Southeast Evangeline Thruway.
The property features two separate units—522 (660 sqft) and 520 (1,290 sqft)—each with its own bathroom and separate utility meters. An interior adjoining door allows for flexible use as a single space or as two independent suites, ideal for office, retail, medical or service-based businesses.
Recent updates include a new roof and interior HVAC systems in April 2022. The concrete parking lot offers ample on-site parking, with additional space available in the backyard area for future expansion or overflow needs.
Whether you're looking for an income-producing asset or an owner-occupant opportunity with rental income, this downtown gem is not to be missed!
Contact an agent for showings. Do not disturb tenants or business.
Supplements: ********
More Information MLS# 2500000853
Listing Info
Status: Active
Listing Date: 2025-07-02
For Sale: Yes
For Lease: No
Listing Price: 260000
Current Price: $260,000
List Price/SqFt: 133.33
Location Tax Legal Info
Street Number: 520 & 522
Street Name: Garfield
St Suffix: Street
Parish: Lafayette
State: LA
Zip Code: 70501
Subdivision: Mouton Addition
Area: G2
Tax Assessment Number: 6038972
Zone: Res/Commercial
Directions: Located where Garfield runs parallel to SE Evangeline Thruway and Johnston Street and Garfield meet. Property is on the west side of the street.
General Property Description
Acres: 0.22
SqFt - Retail: 1950
SqFt - Office: 1950
SqFt - Living: 1950
SqFt - Source: Owner
Stories: 1
Elevator: No
# Offices: 5
Total Baths: 2
Mineral Rights: Conveyed
Approximate Age: Other - See Remarks
Property Condition: Resale
Acreage Range: 0 - 0.5
Sewer
Sewer Company: LUS
Water Source
Water Company: LUS
Property Features
Property Type: Medical; Professional/Office; Retail
Location: Downtown
Road Frontage: Curb & Gutter; Paved; Public Street
Exterior: Door Sign; Partially Fenced
Heating: Central
Cooling: Central Air
Gas: Available
Electricity: Individual Meter
Sewer: Public Sewer
Water Source: Public
Construction: Brick
Roof: Metal
Flooring: Tile; Other
Lot Description: Level
Parking: Concrete; On Site; Parking Lot; Rear Parking
Foundation: Slab
Financing: Cash; Conventional; Private Banking
Price Includes: Real Estate
Listing Office: Compass
Last Updated: July - 08 - 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.