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Renovated Class A Office Units
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538 Jefferson Street, Lafayette, LA 70501

Commercial Lease, Lafayette, LA

Space Size15,000 SF
Days on Market99

Property Features for 538 Jefferson Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning Commercial D
Parking features Parking Lot, Garage
Exterior features Door Sign
Subdivision Vermillionville
Directions Down Jefferson Street across from Parking Tower
Standard status Active
APN 6072219
Size 15,000 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

Building Details

Floors in Building 2
Flooring type Concrete, Tile
Roof type Tar/Gravel
Listing Agency: Keaty Real Estate Team
Listed By: James Keaty · License #30974
Added: Jun 9 Changed: Sep 12 Last Checked: Sep 15 at 5:06PM
MLS# 2600005136

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.

The ground-floor office space encompasses 15,000 SF in a fully renovated Class A setting. The layout combines exposed brick walls with open workspace, a full kitchen, conference rooms, meeting and training rooms, and multiple restrooms. Building infrastructure includes heavy electrical capacity, high-speed internet, fiber wiring, and fire sprinkler systems throughout. Central heating and central air serve the space, with concrete and tile flooring.

Located at 538 Jefferson Street in downtown Lafayette, the property sits in the Historic Downtown District and Downtown Economic Development Zone. The space is directly across from the entrance to the Vermilion parking garage through the park, with parking lot and garage options identified. Commercial D zoning applies, and the property is offered for lease only.

Key Highlights

  • 15,000 SF of fully renovated Class A office space
  • Ground‑floor layout with open workspace, conference rooms, meeting and training rooms
  • Full kitchen and multiple restrooms included

Property Analytics

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Open Analytics

Current Use

Perficient Inc. Business Management Consultant

Suggested Use

Top Pick HVAC Service Real Estate Agency Building Supply Kitchen & Bath Showroom Big Box & Wholesale Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,219
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lafayette, LA

$31.7 /SF/Yr
Avg Asking Price
$1.02–$290 /SF/Yr
Price Range
4,667 SF
Avg Space Size

This space is priced 43% below the average of $31.7 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Ground-floor commercial space includes a kitchen, conference rooms, training areas, restrooms, and open workspace.
Where is this office units located?
The property is located at 538 Jefferson Street Lafayette, LA.
What are key features of this property?
This property features: 15,000 SF of fully renovated Class A office space; Ground‑floor layout with open workspace, conference rooms, meeting and training rooms; Full kitchen and multiple restrooms included
More about this property
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