537 Jefferson Street, Lafayette, LA 70501
$550,000
Property Type:
Comm Bldg Sale/Lease
Baths:
2
Square Footage:
6,720
Lot Size (sq. ft.):
6,534
Status:
Active
Current Price:
$550,000
List Date:
2/27/2025
Last Modified:
3/29/2025
Description
Largest undeveloped parcel in heart of downtown Lafayette ideal for upward development. Nearly 7000 square foot lot with 3 year triple net lease. Current use an open air beer garden with triple net up to 3 year lease. Property owner assets able to be relocated and/or liquidated. Central location abuts Parc de Lafayette & a large public parking garage with ability to interconnect multistory mixed use development. Real estate also ideal for a boutique hotel, wedding venue, upscale condominiums or a combination. Zoning allows for sales over 50% alcohol making a rooftop bar, live music venue, brewery or brew pub much more possible. Central location also ideal for Mardi Gras, Festival International, Art Walk, Downtown Alive and so much more! Some owner financing available.
Supplements: ********
More Information MLS# 24001121
Listing Info
Status: Active
Listing Date: 2024-02-05
For Sale: Yes
For Lease: No
Listing Price: 550000
Current Price: $550,000
List Price/SqFt: 81.85
Date Available: 2024-02-05
Location Tax Legal Info
Street Number: 537
Street Name: Jefferson
St Suffix: Street
Parish: Lafayette
State: LA
Zip Code: 70501
Subdivision: Vermillionville
Area: G3
Tax Assessment Number: 6015834
Zone: D
Directions: From Johnston Street head North West on Jefferson St, Cross W. Vermilion St., Property will be on your right next to Parc Lafayette.
General Property Description
Lot Dimensions: 48X140
Acres: 0.15
SqFt - Living: 6720
SqFt - Source: Approximate
Elevator: No
Total Baths: 2
Mineral Rights: Conveyed
Acreage Range: 0 - 0.5
Sewer
Sewer Company: LUS
Water Source
Water Company: LUS
Property Features
Property Type: Business Opportunity; Restaurant; Other
Location: Downtown; Historic Area; Urban
Road Frontage: Curb & Gutter; Paved; Public Street
Features: Handicap Design; Walk-in Freezer
Exterior: Fully Fenced; Outside Storage; Partially Fenced; Storage Building; None
Heating: Central; Space Heater(s)
Cooling: Wall Units; Zoned; Other
Gas: Available; individual Meter
Electricity: 100+ Amps
Sewer: Public Sewer
Water Source: Public
Construction: Frame; Metal Siding; Other
Roof: Metal; Other
Flooring: Vinyl Sheet; Wood; Other
Documents: Furn/Equip List; Record Plat/Plan
Lot Description: Level; Zero Lot Line
Parking: Limestone/Shell; On Street; Parking Garage; Rear Parking
Foundation: Other
Financing: 1031 Exchange; Cash; Conventional; Owner Finance; See Remarks
Price Includes: Furn/Fixtures/Equip; Real Estate
Documents List: Plat Map
Documents
Plat Map ›Listing Office: Keller Williams Realty Acadiana
Last Updated: March - 29 - 2025
Broker Attribution:
337-735-9300
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.