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    520 Garfield St Lafayette, LA 70501

    Sponsored
    For Sale
    $245,000

    Medical,Professional/Office,Retail - Lafayette, LA

    Property size:
    1,950 SF
    Lot size:
    0.22 Acres
    Days on Market:
    6
    Last Refresh:
    Jan 7 at 5:06 pm

    Property Features for 520 Garfield St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Res/Commercial
    Parking features
    Parking Lot
    Exterior features
    Door Sign, Partially Fenced
    Fencing
    Fenced, Partial
    Size
    1,950 SF
    Lot size
    0.22 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Flooring type
    Tile
    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    Other

    Latter & Blum Holdings LLC (504) 569-9369 [email protected]

    Listing agent Mikaela Wiggins (337) 233-9700

    Listing date Jan 2, 2026

    MLS# 2500000853 Listing URL

    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.

    Overview

    Downtown Lafayette Commercial Property

    Located in downtown Lafayette, this commercial property offers nearly 2,000 square feet of space with accessibility off of Southeast Evangeline Thruway. The property features two separate units: 522, with 660 square feet, and 520, with 1,290 square feet. Each unit has its own bathroom and separate utility meters. An interior adjoining door allows flexible use as a single space or as two independent suites, ideal for office, retail, medical, or service-based businesses. The property is within walking distance of Festival International. Recent updates include a new roof and interior HVAC systems in April 2022. The concrete parking lot offers on-site parking, with additional space available in the backyard area for future expansion or overflow needs. The lot size is 0.22 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hairpaparazzi Beauty Salon Prestige Hair Salon Beauty Salon

    Suggested Use

    Realty agency Restaurant Spa & Massage Law Firm Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.013897
    Latitude
    30.2237238

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    FAQs

    What type of property is this?
    Office space - Versatile commercial space in downtown Lafayette, suitable for various businesses.
    Where is this office space located?
    The property is located at 520 Garfield St Lafayette, LA.
    What is the asking price?
    The asking price for this property is $245,000.
    What are key features of this property?
    This property features: - Prime Downtown Lafayette location, walking distance to Festival International.; - Two separate units (660 sqft and 1,290 sqft) with individual bathrooms and utility meters, offering flexible use.; - Recent updates include a new roof and interior HVAC systems (April 2022).
    (504) 569-9369
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    Lafayette, LA 70501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    520 Garfield St Lafayette, LA 70501
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