Search
Commercial Land Near University
New
For Sale
$950,000

115 McKinley St, Lafayette, LA 70501

Two parcels offer additional parking and preliminary approval for residential development.

Property Size7,299 SF
Price / SF$130.15
Days on Market7

Property Features for 115 McKinley St

General Information

Standard status Active
Size 7,299 SF
Property subtype Investment
Zoning MN-2(CUP

Amenities

Power
Water
Sewer
Vacant

Building Details

Year Built 1966
Listing Agency: eXp Realty Lafayette
Listed By: Blaise Verret · License #995703803
Source: Lacdb.resimplifi
Added: Aug 25 Changed: Aug 31 Last Checked: Aug 31 at 9:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty Lafayette

Investment Insights

Based on property information with market context.

This commercial land offering combines 115 McKinley St and 205 McKinley St in Lafayette, creating a 1.3-acre development site with parking associated with both locations. The property includes an existing structure dating to 1966 and is identified under MN-2(CUP) zoning.

The site is near the University of Louisiana-Lafayette and has preliminary approval for 53 residential units across the combined parcels. The two-site configuration provides flexibility for redevelopment planning while retaining the established improvements currently associated with the property.

Key Highlights

  • Combined 1.3‑acre offering at 115 McKinley St and 205 McKinley St
  • Preliminary approval for 53 residential units across both sites
  • MN‑2(CUP) zoning

Property Analytics

Current Use

La Honda Discotheque Bar & Pub

Suggested Use

Top Pick HVAC Service Home Appliance Store Bakery (Bike/Boat/Book/etc) Store Locksmith Veterinary Clinic

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

Location Intelligence

Trade Area within ½ mile

1,905
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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Two parcels offer additional parking and preliminary approval for residential development.
Where is this commercial land located?
The property is located at 115 McKinley St Lafayette, LA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Combined 1.3‑acre offering at 115 McKinley St and 205 McKinley St; Preliminary approval for 53 residential units across both sites; MN‑2(CUP) zoning
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message