537 Jefferson Street, Lafayette, LA 70501 (MLS# 24001121)

537 Jefferson Street, Lafayette, LA 70501

$485,000
Property Type: Comm Bldg Sale/Lease Baths: 2 Square Footage: 6,720 Lot Size (sq. ft.): 6,534 Status: Active
Current Price: $485,000 List Date: 2/27/2025 Last Modified: 9/26/2025

Description

Rare opportunity in downtown Lafayette for sale. This unique property has been completely renovated and sits on 6700+ square feet. Property zoning allows over 50% alcohol sales giving developers & operators lots of options & flexibility. Property currently leased as a beer garden. The prime location is ideal for a multi-story, mixed-use development: boutique hotel, upscale condominiums, brewpub, live music venue or hybrid restaurant open late night. It's at the center of all the action - Mardi Gras, Festival International, Art Walk, Downtown Alive! and much more. Some owner financing is available for qualified buyers.

Supplements: ********

More Information MLS# 24001121

Listing Info

Delayed Marketing: No For Sale: Yes For Lease: No List Price/SqFt: 72.17 Date Available: 2024-02-05 Document Modified: 2025-09-17 11:22:49.986627 Status: Active Listing Date: 2024-02-05 Listing Price: 485000 Current Price: $485,000 Modification Timestamp: 2025-09-26T15:38:49Z Photo Modified: 2025-08-11T18:37:59Z

Location, Tax & Legal Info

Flood Zone: X Legal Desc: NEW LOT 152 VERMILIONVILLE (0.154 AC)(48X140)(15-48977 PLAT) (BLANCHET BLDG -CITY BARBER SHOP)

Location

Downtown: 1 Historic Area: 1 Urban: 1

General Property Description

Lot Dimensions: 48X140 SqFt - Total: 6720 SqFt - Source: Approximate Mineral Rights: Conveyed Property Condition: Resale Acreage Range: 0 - 0.5 SqFt - Retail: 0 SqFt - Office: 0 SqFt - Warehouse: 0 Elevator: No Acres: 0.15 Total Baths: 2

Sale/Lease Info

Lease Purchase: No Est Bldg Ins: TBD

Remarks & Misc

Remarks: Rare opportunity in downtown Lafayette for sale. This unique property has been completely renovated and sits on 6700+ square feet. Property zoning allows over 50% alcohol sales giving developers & operators lots of options & flexibility. Property currently leased as a beer garden. The prime location is ideal for a multi-story, mixed-use development: boutique hotel, upscale condominiums, brewpub, live music venue or hybrid restaurant open late night. It's at the center of all the action - Mardi Gras, Festival International, Art Walk, Downtown Alive! and much more. Some owner financing is available for qualified buyers.

Office/Member/Contract Info

List AOR: RAA

Property Type

Business Opportunity: 1 Restaurant: 1 Other: 1

Price Includes

Furn/Fixtures/Equip: 1 Real Estate: 1

Parking

Limestone/Shell: 1 On Street: 1 Parking Garage: 1 Rear Parking: 1

Road Frontage

Curb & Gutter: 1 Paved: 1 Public Street: 1

Construction

Frame: 1 Metal Siding: 1 Other: 1

Features

Handicap Design: 1 Walk-in Freezer: 1

Foundation

Other: 1

Lot Description

Level: 1 Zero Lot Line: 1

Exterior

Fully Fenced: 1 Outside Storage: 1 Partially Fenced: 1 Storage Building: 1 None: 1

Roof

Metal: 1 Other: 1

Heating

Central: 1 Electric: 1 Space Heater(s): 1

Cooling

Wall Units: 1 Zoned: 1 Other: 1

Gas

Available: 1 individual Meter: 1

Flooring

Vinyl Sheet: 1 Wood: 1 Other: 1

Electricity

100+ Amps: 1

Sewer

Public Sewer: 1 Sewer Company: LUS

Water Source

Public: 1 Water Company: LUS

Documents

Furn/Equip List: 1 Record Plat/Plan: 1

Financing

1031 Exchange: 1 Cash: 1 Conventional: 1 Owner Finance: 1 See Remarks: 1

Documents List

Plat Map: 1

Originating Details

Originating System ID: M00000300 Originating System Key: 20240206184356777777 Originating System Listing ID: 24001121 Originating System Name: RAA Flex

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.

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

Listing Office: Keller Williams Realty Acadiana
Last Updated: September - 26 - 2025
537 Jefferson Street, Lafayette, LA 70501- MLS# 24001121
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.