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Commercial Land with Existing Building
For Sale
$950,000

115 Mckinley Street, Lafayette, LA 70501

Commercial Sale, Lafayette, LA

Property Size7,299 SF
Lot Size1.30 Acres
Price / SF$130.15
Days on Market62

Property Features for 115 Mckinley Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning BG
Parking features Parking Lot
Directions North on University - Right on McKinley.
Subdivision G2
Standard status Active
APN 6065212
Size 7,299 SF
Lot size 1.30 Acres

Taxes and HOA fees

Tax Description LOTS 13 14 15 16 & S P LOTS 9 10 11 12 BLK 3 BARRY BILLEAUD ADDITION
Tax Annual Amount 4802
Legal Description LOTS 13 14 15 16 & S P LOTS 9 10 11 12 BLK 3 BARRY BILLEAUD ADDITION

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Building materials Concrete, Frame
Roof type Composition
Listing Agency: eXp Realty, LLC
Listed By: Blaise Verret · License #995703803
Added: Aug 25 Changed: Oct 24 Last Checked: Oct 25 at 12:06AM
MLS# 2600007915

Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

The commercial land offering includes 115 McKinley Street together with 205 McKinley, combining 1.3 acres with an existing 7,299-square-foot building and a parking lot. The property is zoned BG and is served by public water and sewer. Central heating and air conditioning are present in the building.

Preliminary approval covers 53 residential units across the two sites. The property is near the University of Louisiana at Lafayette, and site plans are available. The Keg’s history at this location dates to 1966.

Key Highlights

  • 1.3 acres across 115 and 205 McKinley Street
  • Existing 7,299‑square‑foot building with parking lot
  • Preliminary approval for 53 residential units across both sites

Property Analytics

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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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Commercial land - The assemblage pairs an existing building with parking and preliminary approval for residential development.
Where is this commercial land located?
The property is located at 115 Mckinley Street 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: 1.3 acres across 115 and 205 McKinley Street; Existing 7,299‑square‑foot building with parking lot; Preliminary approval for 53 residential units across both sites
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