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Downtown Lafayette Mixed-Use Building

201 Jefferson Street Lafayette, LA 70501

For Sale

$2,200,000

COMMERCIAL - Lafayette, LA

Property size:

11,739 SF

Lot size:

0.15 Acres

Price / SF:

$187/SF

For Sale

$2,200,000

COMMERCIAL - Lafayette, LA

Property size:

11,739 SF

Lot size:

0.15 Acres

Price / SF:

$187/SF

Added:: Jul 14, 2025
Days on Market:: 363
Last Refresh:: Jul 11 at 3:06 am

Property Features for 201 Jefferson Street

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: Downtown
Parking features: On Street
Exterior features: Roof Sign
Standard status: Active
APN: 6027152
Size: 11,739 SF
Lot size: 0.15 Acres

Taxes and HOA fees

Tax Description: NE CORNER OF MANSION BLK MCCOMB ADD (52.5 FT FRONTING JEFFERSON ST)

Utilities

Heating system: Central
Cooling system: Central Air
Water source: Public

Building Details

Floors in Building: 2
Flooring type: Concrete, Wood
Roof type: Tar/Gravel

Listing agent Jeff Landry License #995682229

Listing office Scout Real Estate Co. 617 S Buchanan Street, Lafayette, LA

Listing date Jul 14, 2025

MLS# 2500001216

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, the mixed-use building at 201 Jefferson Street offers an investment opportunity. The building has a total area of 11,739 square feet. The first floor features a 4,006 square foot restaurant space leased to Jim Deggys, and a 2,241 square foot venue space with a 2,020 square foot mezzanine. The second floor provides 3,834 square feet of newly renovated space suitable for office, retail, or creative use. The property is situated on a corner with visibility and walkability, surrounded by restaurants, shops, and entertainment in an active commercial corridor.

Key Highlights

Prime downtown Lafayette location offering high visibility and walkability.
Mixed‑use building with built‑in income from established restaurant tenant (Jim Deggys).
Significant square footage (11,739 sq ft) offering diverse income streams.

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$221.2k	$18.84
− Vacancy	−$17.8k	−$1.51
EGI	$203.4k	$17.33
− OpEx	−$50.8k	−$4.33
NOI	$152.5k	$12.99

11,739 SF · lease $18.84/SF/yr · vacancy 8.04% · expense 25.00%

Alternative Uses

Best Use

Specialty Retail

$2.18M

$1.91M – $2.54M (±1% cap)

NOI $152,536 @ 7.0% cap · market cap 6.93%

Second Best

Retail

$2.03M

$1.78M – $2.37M (±1% cap)

NOI $142,367 @ 7.0% cap · market cap 6.47%

Theoretical Best

Office A

$2.78M

$2.43M – $3.24M (±1% cap)

NOI $194,285 @ 7.0% cap · market cap 8.83%

Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Bliss Cocktail Lounge Bar & Pub Jim Deggys (Lafayette) ... Restaurant

Suggested Use

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For sale
Mixed-use properties
LA
Lafayette
70501
201 Jefferson Street

What type of property is this?

Mixed-use property - Mixed-use building in downtown Lafayette with income and upside.

Where is this mixed-use property located?

The property is located at 201 Jefferson Street Lafayette, LA.

What is the asking price?

The asking price for this property is $2,200,000.

What are key features of this property?

This property features: Prime downtown Lafayette location offering high visibility and walkability.; Mixed‑use building with built‑in income from established restaurant tenant (Jim Deggys).; Significant square footage (11,739 sq ft) offering diverse income streams.

201 Jefferson Street Lafayette, LA 70501

COMMERCIAL - Lafayette, LA

Property Features for 201 Jefferson Street

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Local Financial Insights For Specialty Retail

Simulate Cap Rate and NOI

Alternative Uses

Property Analytics

Current Use by Public Records

Suggested Use

Similar For Sale Nearby

Multi-Tenant Commercial Building with Drive-Thru

Flex Contractor Garage with Warehouse Bays

Neighborhood Strip Center Investment

Historic Downtown Lafayette Commercial Property

Multi-Purpose Event Center with Commercial Kitchen

Professional Office with Optional Income

Mixed-Use Commercial Building

Office/Warehouse Flex Property

Lafayette Commercial Investment Opportunity

Flex/Industrial Building with Three Suites

Flex Warehouse with Office and Studio

Versatile Commercial Property in Lafayette

FAQs