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

Rare turn-key opportunity in downtown Lafayette for sale at 2016 appraisal value. 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. This property is the largest undeveloped parcel in the heart of downtown on Jefferson Street adjacent to both Parc de Lafayette & the Vermilion Street parking garage. 'Buy or lease today & operate tomorrow'. Property now leased as a beer garden with current tenant looking to transfer or sublease the move-in ready operation. Cash flow the mortgage while making plans for future upward development. The sale and lease includes furniture, fixtures, and equipment (FF&E) with sublease options for a possible management agreement and / or LLC sale to fast track the liquor license. 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.

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