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Renovated Two-Story Office Building
For Lease
$4,000,000

538 Jefferson Street, Lafayette, LA 70501

Commercial Lease, Lafayette, LA

Space Size15,500 SF - 24,850 SF
Days on Market99

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

Amenities

full kitchen
rooftop deck
heavy electrical capacity
high-speed internet
fiber wiring

Building Details

Floors in Building 2
Flooring type Tile - Ceramic, Concrete
Roof type Tar/Gravel
Listing Agency: Keaty Real Estate Team
Listed By: James Keaty · License #30974
Added: Jun 9 Changed: Sep 12 Last Checked: Sep 15 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.

This approximately 24,850-square-foot office building occupies two floors and combines exposed brick character with renovated finishes. The first floor includes approximately 15,500 SF of completed space with a full kitchen, conference rooms, meeting and training rooms, multiple restrooms, and expansive open areas. The approximately 9,350 SF second floor is open, has plumbing in place, and includes a rooftop deck. It can support additional open space or storage in its current condition, with plans available for a future build-out.

Located in the Historic Downtown District at 538 Jefferson Street, the property is across from the entrance to the Vermilion parking garage, through the park. Infrastructure includes heavy electrical capacity, high-speed internet with fiber wiring, and fire sprinkler systems throughout. Central heating and air conditioning, ceramic tile and concrete flooring, public water, and garage parking are also provided. The layout can accommodate up to 200+ employees or support use of the first floor independently.

Key Highlights

  • Approximately 24,850 square feet across two floors
  • First floor includes approximately 15,500 SF of renovated office space
  • Second floor offers approximately 9,350 SF with plumbing already installed

Property Analytics

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Open Analytics

Current Use

Perficient Inc. Business Management Consultant

Suggested Use

Top Pick HVAC Service Real Estate Agency Building Supply Kitchen & Bath Showroom Big Box & Wholesale Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Sprinkler system
Yes
Utilities to site
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,219
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Lafayette, LA

$44.1 /SF/Yr
Avg Asking Price
$12–$277 /SF/Yr
Price Range
10,786 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office building - Flexible headquarters setting with conference, training, kitchen, restroom, and open-work areas across two floors.
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 square feet across two floors; First floor includes approximately 15,500 SF of renovated office space; Second floor offers approximately 9,350 SF with plumbing already installed
More about this property
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