Downtown Nightclub with Loft
For Sale
$1,590,000
417 Jefferson Street, Lafayette, LA 70501
Commercial Sale, Lafayette, LA
Property Size9,155 SF
Lot Size0.34 Acres
Price / SF$173.68
Days on Market224
Property Features for 417 Jefferson Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Downtown
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bathroom 3, Bathroom 1, Bathroom 2
Parking features
On Street
Directions
Easily accessible from Johnston Street by heading north toward downtown, turning onto Jefferson Street, and continuing just a few blocks to reach the site. The building is on the right next to Marley's, Legends, and Central Pizza.
Subdivision
G3
Standard status
Active
APN
6060897
Size
9,155 SF
Lot size
0.34 Acres
Taxes and HOA fees
Tax Description
LOT 205 OLD CORP (71.10X101.2) LOT 212 OLD CORP (72.6X104.2)
Tax Annual Amount
14386
Legal Description
LOT 205 OLD CORP (71.10X101.2) LOT 212 OLD CORP (72.6X104.2)
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
open dance floor
elevated performance stage
three bar areas
full commercial kitchen
private rear lot
four restrooms
three office-style rooms
Building Details
Floors in Building
2
Flooring type
Tile - Ceramic, Wood
Building materials
Block, Brick, Frame
Roof type
Tar/Gravel
Listing Agency:
The Gleason Group
(337) 262-7873
Listed By:
Caitlyn Williams · License #0995684676
(337) 278-2048
Added: Mar 20
Changed: Oct 28
Last Checked: Oct 29 at 8:06AM
MLS# 2600002290
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.
This 9,155-square-foot downtown nightclub features an open dance floor, an elevated stage, and three bar areas, including one in an upper loft. The venue also contains a commercial kitchen with a grease trap, prep area, walk-in cooler, and commercial sink, along with four restrooms and three office-style rooms. Central heating and air conditioning serve the building, which has a block, brick, and frame exterior.
The property occupies 0.34 acres at 417 Jefferson Street in Lafayette. A private rear lot overlooks Parc International, and nearby destinations include Central Pizza & Bar, Marley's Sports Bar, and Legends Annex. Downtown zoning, public water and sewer, and on-street parking are listed for the property.
The property occupies 0.34 acres at 417 Jefferson Street in Lafayette. A private rear lot overlooks Parc International, and nearby destinations include Central Pizza & Bar, Marley's Sports Bar, and Legends Annex. Downtown zoning, public water and sewer, and on-street parking are listed for the property.
Key Highlights
- 9,155‑square‑foot nightclub on a 0.34‑acre lot
- Three bars, including one located in an upper loft
- Open dance floor and elevated performance stage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$118,960
Cap Rate
7.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,379,200
$2.4M
Cap Rate 7%
$1,699,429
$1.7M
Cap Rate 9%
$1,321,778
$1.3M
Market Conditions
NOI Build-Up for 9,155 SF
Gross rent
$172.5K $18.84/SF
− Vacancy
−$13.9K −$1.51/SF
EGI
$158.6K $17.33/SF
− OpEx
−$39.7K −$4.33/SF
NOI
$119.0K $12.99/SF
Area
Lafayette, LA
Vacancy
8.04%
Lease Rate
$18.84 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,379,200
Cap Rate 7%
$1,699,429
Cap Rate 9%
$1,321,778
Alternative Uses
Best Use
Specialty Retail
$1.70M
$1.49M – $1.98M
NOI $118,960 @ 7.0% cap · market cap 7.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.16M
$1.89M – $2.53M
NOI $151,519 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,053
Businesses Nearby
Well-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
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Frequently Asked Questions
What type of property is this?
Night club - A commercial kitchen, multiple bar areas, and a rear outdoor lot support entertainment and food service operations.
Where is this night club located?
The property is located at 417 Jefferson Street Lafayette, LA.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: 9,155‑square‑foot nightclub on a 0.34‑acre lot; Three bars, including one located in an upper loft; Open dance floor and elevated performance stage
