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720 Lafayette St Lafayette, LA 70501

Sponsored
For Sale
$775,000

0.91 Acres, High-Density Potential

Description

Added:
Dec 11, 2024
Days on Market:
396
This exceptional 0.91-acre commercial and residential land parcel presents a unique investment opportunity in the heart of Downtown Lafayette, Louisiana. Strategically located at 720 Lafayette Street, this property boasts prominent frontage on both Lafayette Street and South Washington Street, offering unparalleled visibility and accessibility. Its prime location places it directly adjacent to the Federal Courthouse and Lafayette Parish Library, ensuring high foot traffic and a desirable neighborhood setting. The permitted Downtown zoning allows for a wide range of development possibilities, including high-density residential, multi-family dwellings, office space, mixed-use projects, or even a government building. This versatile property is ideal for developers seeking a high-impact project or investors looking for a strong, long-term asset in a thriving urban core. The asking price is $775,000. The property's size and location make it exceptionally well-suited for projects requiring significant space and visibility. Given its proximity to key civic buildings and its flexible zoning, this land parcel represents a rare chance to acquire a highly valuable asset in a rapidly growing area of Lafayette. Serious inquiries are encouraged. The property is offered for sale by owner. The zip code is 70501.

Property Features for 720 Lafayette St

General Information

Property type
Land
Lot Size
39,640 SF

Property Profile Location Intelligence

Current Use by Public Records

Agora Open Air ... Farmers' Market

Suggested Use

Restaurant Realty agency Building Supply Spa & Massage Dental Office Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Lafayette
County
Lafayette Parish
State
Louisiana
Longitude
-92.021075
Latitude
30.22603

FAQs

What type of property is this?
Land - 0.91 Acres, High-Density Potential
Where is this land located?
The property is located at 720 Lafayette St Lafayette, LA.
What is the asking price?
The asking price for this property is $775,000.
More about this property
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