Downtown Lafayette Mixed-Use
1011 Jefferson Street Lafayette, LA 70501
1011 Jefferson Street, Lafayette, LA, 70501
$800,000
For Sale
$800,000
COMMERCIAL - Lafayette, LA
Property Size5,930 SF
Lot Size0.07 Acres
Price / SF$134.91
Days on Market282
Property Features for 1011 Jefferson Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- CBD
- Bathrooms
- 2
- Rooms
- Bathroom 2, Bathroom 1
- Parking
- 8
- Parking features
- Covered
- Exterior features
- Door Sign, Outside Storage
- Standard status
- Active
- APN
- 6037447
- Size
- 5,930 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Description
- LOT 121 MOUTON ADD P LOT 122 MOUTON ADDN (22.52X69.95X24.86X70.89) (AREA Z-RIGHT OF PASSAGE & (2.35X3)-WATER WELL) @ 902 E CONVENT ST
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Flooring type
- Tile, Concrete
- Roof type
- Tar/Gravel
- Additional Structures
- Storage
Listing Agency
Keaty Real Estate Team
(337) 235-7770
350 Doucet Rd Ste. B, Lafayette, LA
Listed by
Michele Ezell · License #995707251
(337) 849-8171
Added: Oct 8, 2025 Checked: Jul 16 at 7:06 pm
MLS# 2500004333
Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in downtown Lafayette, this mixed-use property is situated immediately off Johnston Street, offering access to both Jefferson and E Convent streets. The property benefits from its prime location, providing significant exposure and includes 8 on-site parking spaces. Currently, the property is used as a blend of retail, office, and industrial space, presenting an opportunity for customized build-out to suit specific needs. The property falls within the Historic Tax Credit zone and qualifies for credits. The lot size is 0.07 acres. The building has 5,930 square feet and is located in Lafayette, Louisiana.
Key Highlights
- Prime downtown location with Johnston, Jefferson, and E Convent access.
- 8 on‑site parking spaces, plus covered parking.
- Falls within the Historic Tax Credit zone and qualifies for credits.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $111.7k | $18.84 |
| − Vacancy | −$9.0k | −$1.51 |
| EGI | $102.7k | $17.33 |
| − OpEx | −$30.8k | −$5.20 |
| NOI | $71.9k | $12.13 |
5,930 SF · lease $18.84/SF/yr · vacancy 8.04% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.03M
$899.0K – $1.20M
NOI $71,917 @ 7.0% cap · market cap 8.99%
Second Best
Office B
$985.8K
$862.6K – $1.15M
NOI $69,007 @ 7.0% cap · market cap 8.63%
Theoretical Best
Office A
$1.40M
$1.23M – $1.64M
NOI $98,144 @ 7.0% cap · market cap 12.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Golden Cleaners
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Prime location with retail, office, and industrial potential.
Where is this mixed-use property located?
The property is located at 1011 Jefferson Street Lafayette, LA.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Prime downtown location with Johnston, Jefferson, and E Convent access.; 8 on‑site parking spaces, plus covered parking.; Falls within the Historic Tax Credit zone and qualifies for credits.
