Downtown Lafayette Mixed-Use Development Opportunity

537 Jefferson St, Lafayette, LA 70501

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For Sale

$485,000

Renovated property in prime location, ideal for mixed-use development.

Property size:

6,700 SF

Lot size:

0.15 Acres

Price / SF:

$72/SF

HighLights

Prime downtown Lafayette location at the center of major events.
Zoning allows over 50% alcohol sales, providing flexibility for various business models.
Completely renovated property on a large 6700+ sq ft lot.
Ideal for multi‑story, mixed‑use development (hotel, condos, brewpub, etc.).
Currently leased as a beer garden, providing immediate income potential.
Owner financing available for qualified buyers.

We can help!

Listing Contact

J.D. Pierce

For Sale

$485,000

Renovated property in prime location, ideal for mixed-use development.

Property size:

6,700 SF

Lot size:

0.15 Acres

Price / SF:

$72/SF

Added:: Feb 6, 2024
Days on Market:: 860
Last Refresh:: Jan 20 at 10:22 am

Property Features for 537 Jefferson St

General Information

Standard status: Active
Size: 6,700 SF
Lot size: 0.15 Acres

We can help!

Listing Contact

J.D. Pierce

Listing agent J.D. Pierce License #71851

Listing office Keller Williams Realty Acadiana

Listing date Feb 6, 2024

Source Exprealty

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 Keller Williams Realty Acadiana

HighLights

Prime downtown Lafayette location at the center of major events.
Zoning allows over 50% alcohol sales, providing flexibility for various business models.
Completely renovated property on a large 6700+ sq ft lot.
Ideal for multi‑story, mixed‑use development (hotel, condos, brewpub, etc.).
Currently leased as a beer garden, providing immediate income potential.
Owner financing available for qualified buyers.

Overview

This renovated property is located in downtown Lafayette and offers a rare opportunity for development. Situated on a lot exceeding 6,700 square feet, the property's zoning permits over 50% alcohol sales, providing developers and operators with considerable flexibility. Currently leased as a beer garden, the location is suitable for a multi-story, mixed-use development, such as a boutique hotel, upscale condominiums, a brewpub, a live music venue, or a hybrid restaurant with late-night hours. The property is positioned centrally for events such as Mardi Gras, Festival International, Art Walk, and Downtown Alive!

Property Profile Location Intelligence

Current Use by Public Records

Acadiana Beer Garden Bar & Pub

Suggested Use

Similar Places Nearby

KOK Wings & Things — 405 E University Ave, Lafayette, LA 70503
The Loose Caboose — 201 McKinley St, Lafayette, LA 70501
Starbucks — 620 McKinley St, Lafayette, LA 70503
Purr — 104 mckinley st, lafayette, la 70501
La Honda Discotheque — 115 McKinley St, Lafayette, LA 70501

Location Insight

Map
Local Demand

City: Lafayette
County: Lafayette
State: Louisiana
Longitude: -92.0186
Latitude: 30.2248

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For sale
Bars & Pubs
LA
Lafayette
70501
537 Jefferson St

What type of property is this?

Bar & Pub - Renovated property in prime location, ideal for mixed-use development.

Where is this bar & pub located?

The property is located at 537 Jefferson St Lafayette, LA.

What is the asking price?

The asking price for this property is $485,000.

What are key features of this property?

This property features: Prime downtown Lafayette location at the center of major events.; Zoning allows over 50% alcohol sales, providing flexibility for various business models.; Completely renovated property on a large 6700+ sq ft lot.