Conventional Restaurant with
New
For Sale
$950,000
115 Mckinley Street, Lafayette, LA 70501
Commercial Sale, Lafayette, LA
Property Size7,299 SF
Lot Size0.45 Acres
Price / SF$130.15
Days on Market2
Property Features for 115 Mckinley Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
BG
Parking features
Parking Lot, Off Street
Exterior features
Door Sign, Partially Fenced, Roof Sign
Fencing
Partial
Subdivision
Barry Billeaud
Directions
North on University - Right on McKinley.
Standard status
Active
APN
6065212
Size
7,299 SF
Lot size
0.45 Acres
Taxes and HOA fees
Tax Description
LOTS 13 14 15 16 & S P LOTS 9 10 11 12 BLK 3 BARRY BILLEAUD ADDITION
Legal Description
LOTS 13 14 15 16 & S P LOTS 9 10 11 12 BLK 3 BARRY BILLEAUD ADDITION
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Roof type
Composition
Listing Agency:
EXP Realty, LLC
(337) 522-7554
Listed By:
Blaise Verret · License #995703803
(337) 577-8855
Added: Aug 25
Last Checked: Aug 26 at 1:06PM
MLS# 2600007915
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 Keg is an established restaurant property dating to 1966, with a 7,299-square-foot building on a 0.45-acre site. The improvements include central heating and cooling, composition roofing, public water service, partial fencing, door and roof signage, and on-site parking with additional off-street parking. The property is zoned BG.
The offering includes 115 McKinley Street together with 205 McKinley Street, creating a combined 1.3-acre footprint near the University of Louisiana-Lafayette. Preliminary approval covers 53 residential units across both locations. The existing restaurant building and associated land provide a basis for continued restaurant use, renovation, or consideration of the stated residential development plan.
The offering includes 115 McKinley Street together with 205 McKinley Street, creating a combined 1.3-acre footprint near the University of Louisiana-Lafayette. Preliminary approval covers 53 residential units across both locations. The existing restaurant building and associated land provide a basis for continued restaurant use, renovation, or consideration of the stated residential development plan.
Key Highlights
- 7,299‑square‑foot restaurant building established in 1966
- 0.45‑acre site at 115 McKinley Street
- Combined offering with 205 McKinley totals 1.3 acres
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,905
Businesses Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Existing restaurant property with central HVAC, public water, and additional parking available at 205 McKinley Street.
Where is this conventional restaurant 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: 7,299‑square‑foot restaurant building established in 1966; 0.45‑acre site at 115 McKinley Street; Combined offering with 205 McKinley totals 1.3 acres
