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Ground-Floor Office Space
For Lease
$18 SF/Yr

538 Jefferson Street, Lafayette, LA 70501

Commercial Lease, Lafayette, LA

Space Size15,000 SF
Days on Market137

Property Features for 538 Jefferson Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning Commercial D
Parking features Garage, Parking Lot
Directions Down Jefferson Street across from Parking Tower
Subdivision G3
Standard status Active
APN 6072219
Size 15,000 SF

Additional Details

Condition Move-in Ready

Taxes and HOA fees

Tax Description W P LOT 125-OLD CORP (JEFFERSON STREET MARKET)
Tax Annual Amount 6519
Legal Description W P LOT 125-OLD CORP (JEFFERSON STREET MARKET)

Utilities

Utilities Natural Gas Available
Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Amenities

full kitchen
conference rooms
meeting and training rooms
high-speed internet
fiber wiring
heavy electrical capacity

Building Details

Floors in Building 2
Flooring type Tile, Concrete
Building materials Brick
Roof type Tar/Gravel
Listing Agency: Keaty Real Estate Team
Listed By: James Keaty · License #30974
Added: Jun 9 Changed: Oct 23 Last Checked: Oct 23 at 5:06PM
MLS# 2600005136

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.

A 15,000-square-foot office floor occupies the ground level at 538 Jefferson Street. Renovated improvements include a full kitchen, conference and meeting rooms, training space, multiple restrooms, and a large open area. Brick walls and tile and concrete flooring contribute to the interior character. Building systems include central heating and air conditioning, fire sprinklers, high-capacity electrical service, and fiber wiring for high-speed internet. Natural gas is available, with public water and sewer service.

The property is in Lafayette’s Historic Downtown District and Downtown Economic Development Zone. The Vermilion parking garage entrance is across the park from the building. Parking features include garage and lot parking. The space is available for lease and carries Commercial D zoning.

Key Highlights

  • 15,000 SF of renovated, ground‑floor office space
  • Full kitchen, conference and meeting rooms, training areas, multiple restrooms, and open workspace
  • High‑capacity electrical service, fiber wiring, and fire sprinkler systems throughout

Property Analytics

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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
NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

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
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Market

Lease Benchmarks for Lafayette, LA

$36.84 /SF/Yr
Avg Asking Price
$1.17–$300 /SF/Yr
Price Range
5,083 SF
Avg Space Size

This space is priced 51% below the average of $36.84 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Office unit - Renovated workspace includes a full kitchen, conference rooms, training areas, and substantial open floor space.
Where is this office unit located?
The property is located at 538 Jefferson Street Lafayette, LA.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 15,000 SF of renovated, ground‑floor office space; Full kitchen, conference and meeting rooms, training areas, multiple restrooms, and open workspace; High‑capacity electrical service, fiber wiring, and fire sprinkler systems throughout
More about this property
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