627 Lafayette St Lafayette, LA 70501

Listing agency Elifin Realty Lafayette

Listed by Mark Johns · License #995715972

Source Crexi

Added: Oct 25, 2024 Updated: Jul 6 at 8:23AM Checked: Jul 22 at 12:40PM

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Investment Insights

Based on property information with market context.

Located in the heart of Downtown Lafayette, 627 Lafayette St is a corner lot encompassing approximately 0.18 acres. The property benefits from high visibility, with an estimated 13,041 vehicles passing by daily. Zoned Commercial Mixed 2, the site is suitable for a range of development projects, including retail, office, multifamily residential, or mixed-use buildings. The current owner possesses site plans for a 28-unit apartment complex that incorporates retail space on the ground floor; these plans are available upon request. The property is positioned directly across from the Main Lafayette Public Library and represents one of the few remaining undeveloped parcels in the immediate vicinity. The site allows for the potential of multiple access points.

Key Highlights

• Prime ±0.18 acre corner lot in the heart of Downtown Lafayette.
• Zoned Commercial Mixed 2, allowing for retail, office, multifamily, or mixed‑use development.
• Site plans available for a 28‑unit apartment complex with retail on the first floor.

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FAQs

What type of property is this?

Commercial land - Prime 0.18-acre corner lot in Downtown Lafayette.

Where is this commercial land located?

The property is located at 627 Lafayette St Lafayette, LA.

What is the asking price?

The asking price for this property is $175,000.

What are key features of this property?

This property features: Prime ±0.18 acre corner lot in the heart of Downtown Lafayette.; Zoned Commercial Mixed 2, allowing for retail, office, multifamily, or mixed‑use development.; Site plans available for a 28‑unit apartment complex with retail on the first floor.