Multi-Purpose Event Center with Commercial
For Sale
$1,100,000
200 Rue Du Belier, Lafayette, LA 70506
COMMERCIAL - Lafayette, LA
Property Size8,576 SF
Lot Size2.54 Acres
Price / SF$128.26
Days on Market161
Property Features for 200 Rue Du Belier
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
unzoned
Parking
85
Parking features
Parking Lot
Exterior features
Fully Fenced, Outside Storage, Storage Building
Fencing
Full
Lot features
Level
Directions
Dulles Drive to East of round-about at Rue du Belier. Property is on right. Alternate - W. Congress to West on Rue du Belier, property on left before reaching Dulles Drive.
Subdivision
F
Standard status
Active
APN
6176667
Size
8,576 SF
Lot size
2.54 Acres
Taxes and HOA fees
Tax Description
P QUAD L SEC 6 T10S R4E (2.54 AC)
Legal Description
P QUAD L SEC 6 T10S R4E (2.54 AC)
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Concrete, Tile
Roof type
Metal
Additional Structures
Storage
Listing Agency:
RE/MAX Acadiana · RE/MAX International
(337) 984-8470
Listed By:
Merrie Chris Leger · License #27767
(337) 962-7653
Added: Feb 24
Changed: Jun 12
Last Checked: Aug 4 at 5:06PM
MLS# 2600001329
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.
This multi-purpose event center is built for flexible operations, with over 7,200 square feet of interior space that includes dedicated meeting areas and office space, along with a fully equipped commercial kitchen. The rear of the building features a covered pavilion adding more than 3,000 square feet of additional space. On-site improvements also include a 1,369-square-foot workshop and a 144-square-foot storage building, all set on 2.54 acres of maintained grounds.
Located at 200 Rue du Belier in Lafayette, the property is positioned between Lafayette and Scott and near Acadiana High School and a recently developed roundabout at Dulles and Apollo Roads. Access is described as convenient to Ambassador Caffery Parkway, Highway 93, Interstate 10, and the Apollo Road corridor that connects directly to Scott’s newest Traditional Neighborhood Development, West Village.
With a dedicated kitchen, meeting rooms, and both interior and covered outdoor event space, the property may fit operators seeking an all-in-one venue and support functions in one location. The presence of office space, a workshop, and storage can be practical for event production, catering operations, and day-to-day administration. The property is listed as unzoned, which may be relevant for buyers evaluating how the site can be used going forward.
Located at 200 Rue du Belier in Lafayette, the property is positioned between Lafayette and Scott and near Acadiana High School and a recently developed roundabout at Dulles and Apollo Roads. Access is described as convenient to Ambassador Caffery Parkway, Highway 93, Interstate 10, and the Apollo Road corridor that connects directly to Scott’s newest Traditional Neighborhood Development, West Village.
With a dedicated kitchen, meeting rooms, and both interior and covered outdoor event space, the property may fit operators seeking an all-in-one venue and support functions in one location. The presence of office space, a workshop, and storage can be practical for event production, catering operations, and day-to-day administration. The property is listed as unzoned, which may be relevant for buyers evaluating how the site can be used going forward.
Key Highlights
- Multi‑purpose event center with 7,200+ sq ft of interior space, including meeting areas, office space, and a fully equipped commercial kitchen
- Additional rear covered pavilion adds 3,000+ sq ft of event space
- Includes a 1,369 sq ft workshop plus a 144 sq ft storage building
Financial Insights For Office B
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 | $154.4k | $18.00 |
| − Vacancy | −$21.3k | −$2.48 |
| EGI | $133.1k | $15.52 |
| − OpEx | −$33.3k | −$3.88 |
| NOI | $99.8k | $11.64 |
8,576 SF · lease $18.00/SF/yr · vacancy 13.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.59M
$1.39M – $1.86M
NOI $111,436 @ 7.0% cap · market cap 10.13%
Second Best
Office B
$1.43M
$1.25M – $1.66M
NOI $99,799 @ 7.0% cap · market cap 9.07%
Theoretical Best
Office A
$2.03M
$1.77M – $2.37M
NOI $141,936 @ 7.0% cap · market cap 12.90%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
117
Businesses Nearby
Explore this area
Business Placement
Demographics for 70506, LA
39,801
Population
20,296
Households
2
Avg Household Size
36
Median Age
37%
College-Educated
91%
High-School Grad
20.8 sq mi
ZIP Area
1,914
Density / Sq Mi
$55,553
Median Household Income
$38,764
Median Earnings
$1,024
Median Rent
$215,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Wedding venue - Versatile event space with meeting areas, office space, a fully equipped commercial kitchen, and an expanded covered pavilion.
Where is this wedding venue located?
The property is located at 200 Rue Du Belier Lafayette, LA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Multi‑purpose event center with 7,200+ sq ft of interior space, including meeting areas, office space, and a fully equipped commercial kitchen; Additional rear covered pavilion adds 3,000+ sq ft of event space; Includes a 1,369 sq ft workshop plus a 144 sq ft storage building
