Renovated Two-Story Office
For Lease
$4,000,000
538 Jefferson Street, Lafayette, LA 70501
Commercial Lease, Lafayette, LA
Space Size15,500 SF - 24,850 SF
Days on Market99
Property Features for 538 Jefferson Street
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
Commercial
Parking features
Garage
Security features
Security System
Exterior features
Door Sign
Subdivision
Vermillionville
Directions
Down Jefferson Street across from Parking Tower
Standard status
Active
APN
6072219
Size
24,850 SF
Taxes and HOA fees
Tax Description
W P LOT 125-OLD CORP (JEFFERSON STREET MARKET)
Legal Description
W P LOT 125-OLD CORP (JEFFERSON STREET MARKET)
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
full kitchen
rooftop deck
heavy electrical capacity
high-speed internet
fiber wiring
Building Details
Floors in Building
2
Flooring type
Tile - Ceramic, Concrete
Roof type
Tar/Gravel
Listing Agency:
Keaty Real Estate Team
(337) 235-7770
Listed By:
James Keaty · License #30974
(337) 344-4236
Added: Jun 9
Changed: Sep 12
Last Checked: Sep 15 at 5:06PM
MLS# 2600005138
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 approximately 24,850-square-foot office building occupies two floors and combines exposed brick character with renovated finishes. The first floor includes approximately 15,500 SF of completed space with a full kitchen, conference rooms, meeting and training rooms, multiple restrooms, and expansive open areas. The approximately 9,350 SF second floor is open, has plumbing in place, and includes a rooftop deck. It can support additional open space or storage in its current condition, with plans available for a future build-out.
Located in the Historic Downtown District at 538 Jefferson Street, the property is across from the entrance to the Vermilion parking garage, through the park. Infrastructure includes heavy electrical capacity, high-speed internet with fiber wiring, and fire sprinkler systems throughout. Central heating and air conditioning, ceramic tile and concrete flooring, public water, and garage parking are also provided. The layout can accommodate up to 200+ employees or support use of the first floor independently.
Located in the Historic Downtown District at 538 Jefferson Street, the property is across from the entrance to the Vermilion parking garage, through the park. Infrastructure includes heavy electrical capacity, high-speed internet with fiber wiring, and fire sprinkler systems throughout. Central heating and air conditioning, ceramic tile and concrete flooring, public water, and garage parking are also provided. The layout can accommodate up to 200+ employees or support use of the first floor independently.
Key Highlights
- Approximately 24,850 square feet across two floors
- First floor includes approximately 15,500 SF of renovated office space
- Second floor offers approximately 9,350 SF with plumbing already installed
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Sprinkler system
Yes
Utilities to site
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,219
Businesses Nearby
Explore this area
Business Placement
Demographics for 70501, LA
28,721
Population
12,657
Households
2.3
Avg Household Size
38
Median Age
16%
College-Educated
78%
High-School Grad
15.3 sq mi
ZIP Area
1,877
Density / Sq Mi
$31,723
Median Household Income
$25,281
Median Earnings
$867
Median Rent
$117,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Lafayette, LA
$44.1 /SF/Yr
Avg Asking Price
$12–$277 /SF/Yr
Price Range
10,786 SF
Avg Space Size
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Office building - Flexible headquarters setting with conference, training, kitchen, restroom, and open-work areas across two floors.
Where is this office building located?
The property is located at 538 Jefferson Street Lafayette, LA.
What is the lease rate?
The lease rate is $4,000,000.
What are key features of this property?
This property features: Approximately 24,850 square feet across two floors; First floor includes approximately 15,500 SF of renovated office space; Second floor offers approximately 9,350 SF with plumbing already installed
