Renovated Downtown Office
For Lease
$4,000,000 SF/Yr
538 Jefferson Street, Lafayette, LA 70501
COMMERCIAL - Lafayette, LA
Property Size24,850 SF
Days on Market53
Property Features for 538 Jefferson Street
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
Commercial
Parking features
Garage
Security features
Security System
Exterior features
Door Sign
Subdivision
Vermillionville
Directions
Down Jefferson Street across from Parking Tower
Standard status
Active
APN
6072219
Size
24,850 SF
Taxes and HOA fees
Tax Description
W P LOT 125-OLD CORP (JEFFERSON STREET MARKET)
Legal Description
W P LOT 125-OLD CORP (JEFFERSON STREET MARKET)
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
2
Flooring type
Concrete, Tile - Ceramic
Roof type
Tar/Gravel
Listing Agency:
Keaty Real Estate Team
(337) 235-7770
Listed By:
James Keaty · License #30974
(337) 344-4236
Added: Jun 9
Changed: Jun 10
Last Checked: Jul 31 at 12:06AM
MLS# 2600005138
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.
Completely renovated downtown office building with two floors totaling approximately 24,850 square feet. The first floor, about 15,500 square feet, is move-in ready and features a full kitchen, conference rooms, meeting and training rooms, multiple restrooms, and expansive open space. The building includes real exposed brick walls paired with higher-end finishes. A rooftop deck is included on the upper level.
The property is located in the heart of downtown Lafayette in the Historic Downtown District, directly across from the Vermilion parking garage entrance through the park. It is offered for lease or sale as-is, with plans in place to build out the second floor for a tenant or buyer who needs finished additional space, at an additional cost. The second floor, about 9,350 square feet, is wide open with plumbing already in place, suitable for additional open space or storage as-is, or ready for finish-out to match the first floor.
Designed to support business operations, the building includes infrastructure such as heavy electrical capacity, high-speed internet and fiber wiring, and fire sprinkler systems throughout. With an available first-floor configuration suitable for a headquarters-style layout, and an unfinished second floor that can be finished, the property can serve a tenant looking to occupy immediately and expand on-site as needs evolve.
The property is located in the heart of downtown Lafayette in the Historic Downtown District, directly across from the Vermilion parking garage entrance through the park. It is offered for lease or sale as-is, with plans in place to build out the second floor for a tenant or buyer who needs finished additional space, at an additional cost. The second floor, about 9,350 square feet, is wide open with plumbing already in place, suitable for additional open space or storage as-is, or ready for finish-out to match the first floor.
Designed to support business operations, the building includes infrastructure such as heavy electrical capacity, high-speed internet and fiber wiring, and fire sprinkler systems throughout. With an available first-floor configuration suitable for a headquarters-style layout, and an unfinished second floor that can be finished, the property can serve a tenant looking to occupy immediately and expand on-site as needs evolve.
Key Highlights
- Approximately 24,850 SF office building across two floors in downtown Lafayette’s Historic Downtown District
- First floor (~15,500 SF) is fully renovated and move‑in ready with a full kitchen, conference rooms, meeting/training rooms, multiple restrooms, and expansive open space
- Second floor (~9,350 SF) is wide open with plumbing already in place, offering additional open space or storage as‑is
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Heavy power
Yes
Sprinkler system
NNN (Triple Net)
Lease Type
$600,000.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
2,310
Businesses Nearby
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
Lease Benchmarks for Lafayette, LA
$36.81 /SF/Yr
Avg Asking Price
$8.31–$277 /SF/Yr
Price Range
7,747 SF
Avg Space Size
This space is priced 10867228% above the average of $36.81 /SF/Yr.
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Completely renovated two-story office with rooftop deck and first-floor move-in readiness in a historic downtown setting.
Where is this office building located?
The property is located at 538 Jefferson Street Lafayette, LA.
What is the lease rate?
The lease rate is $4,000,000.
What are key features of this property?
This property features: Approximately 24,850 SF office building across two floors in downtown Lafayette’s Historic Downtown District; First floor (~15,500 SF) is fully renovated and move‑in ready with a full kitchen, conference rooms, meeting/training rooms, multiple restrooms, and expansive open space; Second floor (~9,350 SF) is wide open with plumbing already in place, offering additional open space or storage as‑is