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    537 Jefferson St Lafayette, LA 70501

    For Sale
    $485,000

    Business Opportunity,Restaurant - Lafayette, LA

    Property size:
    6,720 SF
    Lot size:
    0.15 Acres
    Days on Market:
    77
    Last Refresh:
    Dec 11 at 8:06 am

    Property Features for 537 Jefferson St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    D
    Parking features
    Garage, On Street
    Interior features
    Walk-in Freezer
    Exterior features
    Fully Fenced, Outside Storage, Partially Fenced, Storage Building
    Fencing
    Fenced, Full, Partial
    Size
    6,720 SF
    Lot size
    0.15 Acres

    Utilities

    Heating system
    Central, Electric (Heating), Space Heater
    Cooling system
    Multi Units, Wall Unit(s), Zoned

    Building Details

    Flooring type
    Vinyl, Wood
    Building materials
    Frame, Metal Siding
    Roof type
    Metal
    Architectural style
    Other
    Additional Structures
    Storage

    Acadiana Investment Group (337) 735-9300 [email protected]

    Listing agent J.D. Pierce (337) 735-9300

    Listing date Sep 26, 2025

    MLS# 24001121 Listing URL

    Copyright © 2025 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 Restaurant Opportunity

    This renovated property, currently leased as a beer garden, is located in downtown Lafayette. The property occupies a 6,720 square foot lot. Its zoning allows for over 50% alcohol sales, providing flexibility for developers and operators. The location is suitable for a multi-story, mixed-use development such as a boutique hotel, upscale condominiums, brewpub, or live music venue. It is situated in a prime location near Mardi Gras, Festival International, Art Walk, and Downtown Alive! The property presents a business opportunity for a restaurant.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Acadiana Beer Garden Beer Garden

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Similar Places Nearby

    KOK Wings & Things, The Loose Caboose, Starbucks, Purr, La Honda Discotheque

    Location Insight

    • Map
    • Local Demand
    City
    Lafayette
    County
    Lafayette
    State
    Louisiana
    Longitude
    -92.018487
    Latitude
    30.224759

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    FAQs

    What type of property is this?
    Bar - Renovated restaurant with development potential in downtown Lafayette.
    Where is this bar located?
    The property is located at 537 Jefferson St Lafayette, LA.
    What is the asking price?
    The asking price for this property is $485,000.
    What are key features of this property?
    This property features: - Prime downtown Lafayette location, at the center of major events.; - Zoning allows for over 50% alcohol sales, offering development flexibility.; - Property is fully renovated and sits on a large 6700+ sq ft lot.
    (337) 735-9300
    Request Owner's contact information
    537 Jefferson St Lafayette, LA 70501
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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
    537 Jefferson St Lafayette, LA 70501
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