538 Jefferson Street, Lafayette, LA 70501 (MLS# 2600005138)

538 Jefferson Street, Lafayette, LA 70501

New Listing
$4,000,000
Property Type: Commercial Lease Square Footage: 24,850 Status: Active
Current Price: $4,000,000 List Date: 6/09/2026 Last Modified: 6/09/2026

Overview

Description

Rare opportunity to own one of downtown Lafayette's most unique and recognizable buildings -- completely renovated and ready for a world-class company to call home. Located in the heart of downtown directly across from the Vermilion parking garage entrance through the park, this property blends authentic character -- including real exposed brick walls -- with true Class A finishes. Offering approximately 24,850 total square feet across two floors, the building is as distinctive as it is functional. The first floor (±15,500 SF) is fully renovated and move-in ready, featuring a full kitchen, conference rooms, meeting and training rooms, multiple restrooms, and expansive open space built for a modern headquarters. The second floor (±9,350 SF) is wide open with plumbing already in place -- ideal as additional open space or storage as-is, or ready to be finished to the same Class A quality as the first floor. A rooftop deck rounds out the upper level and can be expanded with the right buy ...

Listing Details MLS# 2600005138

Listing Info

For Sale
Yes
Delayed Marketing
No
For Lease
Yes
Listing Price
4000000
List Price/SqFt
160.97
For Lease Price
14.5
Per
SqFt
Date Available
2026-08-01
Document Modified
2026-06-09 12:23:11.452133
Modification Timestamp
2026-06-09T19:56:41Z
Photo Modified
2026-06-09T17:23:11Z

Location Tax Legal Info

Street Number
538
Street Name
Jefferson
St Suffix
Street
Parish
Lafayette
State
LA
Zip Code
70501
Subdivision
Vermillionville
Area
G3
Tax Assessment Number
6072219
Zone
Commercial
Directions
Down Jefferson Street across from Parking Tower

General Property Description

SqFt - Retail
15500
SqFt - Office
15500
SqFt - Warehouse
9350
SqFt - Total
24850
SqFt - Source
Approximate
Stories
2
Elevator
No
Mineral Rights
Reserved
Approximate Age
51 - 75 Years
Acreage Range
0 - 0.5

Sewer

Sewer Company
lus
Public Sewer
Yes

Water Source

Water Company
LUS
Public
Yes

Originating Details

Originating System ID
M00000300
Originating System Key
20260603153418636884
Originating System Listing ID
2600005138
Originating System Name
RAA Flex

More Information

Location, Tax & Legal Info

Flood Zone
X
Legal Desc
W P LOT 125-OLD CORP (JEFFERSON STREET MARKET)

Location

Downtown
Yes

Sale/Lease Info

Lease Purchase
No
CAM Fee
0
CAM Fee SF/Yr
SF
Est Bldg Ins
32,000
Sublease
No
Deposit
30027.08
Min Terms (Yrs)
3
Tenant Deductible
0

Remarks & Misc

Remarks
Rare opportunity to own one of downtown Lafayette's most unique and recognizable buildings -- completely renovated and ready for a world-class company to call home. Located in the heart of downtown directly across from the Vermilion parking garage entrance through the park, this property blends authentic character -- including real exposed brick walls -- with true Class A finishes. Offering approximately 24,850 total square feet across two floors, the building is as distinctive as it is functional. The first floor (±15,500 SF) is fully renovated and move-in ready, featuring a full kitchen, conference rooms, meeting and training rooms, multiple restrooms, and expansive open space built for a modern headquarters. The second floor (±9,350 SF) is wide open with plumbing already in place -- ideal as additional open space or storage as-is, or ready to be finished to the same Class A quality as the first floor. A rooftop deck rounds out the upper level and can be expanded with the right buyer and approved plans. The property is offered for lease or sale as-is; however, the owners have plans in place to build out the second floor for a tenant or buyer who needs the additional finished space, at additional cost. Located in the Historic Downtown District, the property also sits within the Downtown Economic Development Zone and a designated Opportunity Zone 2.0 (effective 2027) -- offering potential tax and investment incentives for the right buyer. Designed to support a world-class Business operation, the space is equally suited to aerospace, technology, or virtually any growing company -- with room to house up to 200+ employees, or lease just the ±15,000 SF first floor and grow from there. Infrastructure includes heavy electrical capacity to meet nearly any need, high-speed internet and fiber wiring, and fire sprinkler systems throughout. Buildings like this rarely come available in downtown Lafayette. Schedule your private tour today. Owner/Agent

Office/Member/Contract Info

List AOR
RAA

Property Type

Professional/Office
Yes
Retail
Yes

Price Includes

Real Estate
Yes

Parking

Parking Garage
Yes
Rear Parking
Yes
Varies by Unit
Yes

Road Frontage

Public Street
Yes
Other
Yes

Construction

Brick
Yes
Frame
Yes

Features

Fire Sprinklers
Yes

Foundation

Slab
Yes

Exterior

Door Sign
Yes

Roof

Tar/Gravel
Yes

Heating

Central
Yes

Cooling

Central Air
Yes

Gas

Available
Yes

Flooring

Ceramic Tile
Yes
Concrete
Yes

Electricity

220 Volts
Yes

Documents

Floor Plan
Yes

Security Features

Security System
Yes

Landlord Pays

Roof Repairs
Yes
Structural Repairs
Yes

Financing

Cash
Yes
Conventional
Yes

Property Features

Property Type: Professional/Office; Retail Location: Downtown Road Frontage: Public Street; Other Features: Fire Sprinklers Exterior: Door Sign Heating: Central Cooling: Central Air Gas: Available Electricity: 220 Volts Sewer: Public Sewer Water Source: Public Construction: Brick; Frame Roof: Tar/Gravel Flooring: Ceramic Tile; Concrete Documents: Floor Plan Landlord Pays: Roof Repairs; Structural Repairs Parking: Parking Garage; Rear Parking; Varies by Unit Foundation: Slab Financing: Cash; Conventional Price Includes: Real Estate Security Features: Security System
IDX
Listing Office: Keaty Real Estate Team
Last Updated: June - 09 - 2026
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.