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Historic Three-Structure Bed & Breakfast
For Sale
Contact for pricing
Pending

1011 Lee, Lafayette, LA 70501

Updated historic buildings offer hospitality, residential, and live-work flexibility within the CBD.

Property SizeContact for details
Days on Market142

Property Features for 1011 Lee

General Information

Standard status Pending
Property subtype Hospitality

Additional Details

Asking Price $950,000

Building Details

Year Built 1880
Buildings 3
Listing Agency: NAI Latter & Blum Lafayette
Listed By: Setareh Mirian · License #LA
Source: Crexi
Added: Apr 12 Changed: Aug 29 Last Checked: Aug 30 at 10:30PM

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 NAI Latter & Blum Lafayette

Investment Insights

Based on property information with market context.

Built in 1880, this bed and breakfast property comprises three separate structures with updated interiors and distinct residential configurations. The primary house includes 3 bedrooms and 2 bathrooms, while a second residence provides 2 bedrooms and 1 bathroom. A 1-bedroom, 1-bathroom carriage house completes the offering and is used for short-term rental accommodations.

The property is situated within the CBD, directly across from the Juliet boutique hotel. Nearby parking adds practical convenience for hospitality, administrative, residential, and other commercial applications identified for the site. The separate-building layout supports a range of live-work and lodging configurations while preserving the character of the historic improvements.

Key Highlights

  • Built in 1880 with three separate updated structures
  • Main house includes 3 bedrooms and 2 bathrooms
  • Second residence offers 2 bedrooms and 1 bathroom

Property Analytics

Current Use

Calzone & Associates Inc Marketing & Advertising

Suggested Use

Top Pick HVAC Service Home Appliance Store (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Pharmacy Storage Facility

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

2,299
Businesses Nearby
Well-served
Demand for This Use

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 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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Bed & breakfast - Updated historic buildings offer hospitality, residential, and live-work flexibility within the CBD.
Where is this bed & breakfast located?
The property is located at 1011 Lee Lafayette, LA.
What are key features of this property?
This property features: Built in 1880 with three separate updated structures; Main house includes 3 bedrooms and 2 bathrooms; Second residence offers 2 bedrooms and 1 bathroom
More about this property
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