Multi-Purpose Event Center with
200 Rue Du Belier Lafayette, LA 70506
200 Rue Du Belier, Lafayette, LA, 70506
$1,100,000
For Sale
$1,100,000
An event venue with office space and a fully equipped commercial kitchen, plus outdoor covered pavilion and workshop space.
Property Size8,576 SF
Price / SF$128.26
Days on Market143
Property Features for 200 Rue Du Belier
General Information
- Standard status
- Active
- Size
- 8,576 SF
Listing Agency
RE/MAX Acadiana
(337) 962-7653
Listed by
Merrie Chris Leger · License #27767
(337) 962-7653
Source
Exprealty
Added: Feb 24 Checked: Jul 16 at 10:24 am
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 RE/MAX Acadiana
Investment Insights
Based on property information with market context.
This multi-purpose event center features over 7,200 square feet of interior space designed to support meetings and events, including dedicated meeting areas, office space, and a fully equipped commercial kitchen. The rear of the building includes a covered pavilion with 3,000+ additional square feet, along with a 1,369-square-foot workshop and a 144-square-foot storage building. The grounds are described as expansive and well-maintained, supporting a range of event and recreational uses.
Located at 200 Rue Du Belier in Lafayette, the property is positioned between Lafayette and Scott and near Acadiana High School and the new roundabout at Dulles and Apollo Roads. The remarks note convenient access to Ambassador Caffery Parkway, Highway 93, Interstate 10, and the Apollo Road corridor, which connects directly to Scott’s West Village.
For operators and groups seeking a turn-key-feeling setup for catered events or multi-use gatherings, the combination of interior gathering space, on-site offices, and a commercial kitchen can help streamline day-to-day operations. The added pavilion, workshop, and storage support event setup and back-of-house functions, while the outdoor grounds provide room for broader programming within a single site.
Located at 200 Rue Du Belier in Lafayette, the property is positioned between Lafayette and Scott and near Acadiana High School and the new roundabout at Dulles and Apollo Roads. The remarks note convenient access to Ambassador Caffery Parkway, Highway 93, Interstate 10, and the Apollo Road corridor, which connects directly to Scott’s West Village.
For operators and groups seeking a turn-key-feeling setup for catered events or multi-use gatherings, the combination of interior gathering space, on-site offices, and a commercial kitchen can help streamline day-to-day operations. The added pavilion, workshop, and storage support event setup and back-of-house functions, while the outdoor grounds provide room for broader programming within a single site.
Key Highlights
- Multi‑purpose event center with 7,200+ sq ft of interior event and meeting space
- Includes dedicated meeting areas, office space, and a fully equipped commercial kitchen
- Rear covered pavilion adds 3,000+ sq ft of additional covered space
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $154.4k | $18.00 |
| − Vacancy | −$21.3k | −$2.48 |
| EGI | $133.1k | $15.52 |
| − OpEx | −$33.3k | −$3.88 |
| NOI | $99.8k | $11.64 |
8,576 SF · lease $18.00/SF/yr · vacancy 13.80% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.59M
$1.39M – $1.86M
NOI $111,436 @ 7.0% cap · market cap 10.13%
Second Best
Office B
$1.43M
$1.25M – $1.66M
NOI $99,799 @ 7.0% cap · market cap 9.07%
Theoretical Best
Office A
$2.03M
$1.77M – $2.37M
NOI $141,936 @ 7.0% cap · market cap 12.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Lafayette Athletic Association ...
Charitable Organization
Similar For Sale Nearby
FAQs
What type of property is this?
Wedding venue - An event venue with office space and a fully equipped commercial kitchen, plus outdoor covered pavilion and workshop space.
Where is this wedding venue located?
The property is located at 200 Rue Du Belier Lafayette, LA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Multi‑purpose event center with 7,200+ sq ft of interior event and meeting space; Includes dedicated meeting areas, office space, and a fully equipped commercial kitchen; Rear covered pavilion adds 3,000+ sq ft of additional covered space
