520 & 522 Garfield Street, Lafayette, LA 70501 (MLS# 2600005688)

520 & 522 Garfield Street, Lafayette, LA 70501

$260,000
Property Type: Commercial Lease Baths: 2 Square Footage: 1,950 Lot Size (sq. ft.): 9,583 Status: Active
Current Price: $260,000 List Date: 6/23/2026 Last Modified: 6/23/2026

Overview

Description

Located in the vibrant area where Freetown meets Downtown, walking distance to Festival International and all that downtown Lafayette has to offer. 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 new flooring, lighting, water heater and paint in unit 522 - 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 do ...

Listing Details MLS# 2600005688

Listing Info

For Sale
Yes
Delayed Marketing
No
For Lease
Yes
Listing Price
260000
List Price/SqFt
133.33
For Lease Price
1600
Per
Month
Date Available
2026-04-22
Document Modified
2026-06-23 17:37:31.865190
Modification Timestamp
2026-06-23T22:51:07Z
Photo Modified
2026-06-23T22:50:37Z

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 - Total
1950
SqFt - Source
Owner
Stories
Yes
Elevator
No
# Offices
5
Total Baths
2
Mineral Rights
Conveyed
Approximate Age
Other - See Remarks
Property Condition
Resale
Acreage Range
0 - 0.5
SqFt - Warehouse
0

Sewer

Sewer Company
LUS
Public Sewer
Yes

Water Source

Water Company
LUS
Public
Yes

Originating Details

Originating System ID
M00000300
Originating System Key
20260623211957238155
Originating System Listing ID
2600005688
Originating System Name
RAA Flex

More Information

Location, Tax & Legal Info

Flood Zone
X
Legal Desc
LOT 260 MOUTON ADD LOT 259 MOUTON ADD FRONTAGE OF 100 FT ON GARFIELD ST

Location

Downtown
Yes

Sale/Lease Info

Lease Purchase
No
CAM Fee
0
CAM Fee SF/Yr
SF
Est Bldg Ins
No
Sublease
No
Deposit
1600
Min Terms (Yrs)
2
Tenant Deductible
0

Remarks & Misc

Remarks
Located in the vibrant area where Freetown meets Downtown, walking distance to Festival International and all that downtown Lafayette has to offer. 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 new flooring, lighting, water heater and paint in unit 522 - 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.

Office/Member/Contract Info

List AOR
RAA

Property Type

Medical
Yes
Professional/Office
Yes
Retail
Yes

Price Includes

Real Estate
Yes

Parking

Concrete
Yes
On Site
Yes
Parking Lot
Yes
Rear Parking
Yes

Road Frontage

Curb & Gutter
Yes
Paved
Yes
Public Street
Yes

Construction

Brick
Yes

Foundation

Slab
Yes

Lot Description

Level
Yes

Exterior

Door Sign
Yes
Partially Fenced
Yes

Roof

Metal
Yes

Heating

Central
Yes

Cooling

Central Air
Yes

Gas

Available
Yes

Flooring

Tile
Yes
Other
Yes

Electricity

Individual Meter
Yes

Landlord Pays

Building Insurance
Yes
Lawn Care
Yes
Property Taxes
Yes
Roof Repairs
Yes
Structural Repairs
Yes

Financing

Cash
Yes
Conventional
Yes

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 Landlord Pays: Building Insurance; Lawn Care; Property Taxes; Roof Repairs; Structural Repairs Parking: Concrete; On Site; Parking Lot; Rear Parking Foundation: Slab Financing: Cash; Conventional Price Includes: Real Estate
IDX
Listing Office: Compass
Last Updated: June - 23 - 2026
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.