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Property profile & analytics
OFF-MARKET
Restaurants

406 Garfield St Lafayette, LA 70501

Property ID
Property summary
AI-generated overview

Discover a thriving restaurant opportunity in the heart of Downtown Lafayette. This single-tenant space boasts 1,500 square feet of versatile commercial space, perfectly positioned for high visibility and foot traffic. The open layout provides flexibility for various restaurant concepts, allowing for creative design and efficient workflow. Ample parking is available for patrons and staff, enhancing the overall convenience and appeal of the location. This property presents a unique chance to capitalize on the bustling energy of Downtown Lafayette's vibrant atmosphere, attracting a diverse clientele. The address is ideally situated within a thriving commercial district, ensuring consistent exposure to potential customers. The space is ready for immediate occupancy, allowing for a swift and seamless transition into your new business venture. This is an exceptional opportunity to establish a successful restaurant in a highly desirable and sought-after location. The property's prime location and ample parking make it an attractive proposition for both established and emerging restaurant businesses. Don't miss this chance to secure a prominent presence in the heart of Downtown Lafayette's dynamic culinary scene. This turnkey space is ready for your vision. Contact us today to schedule a viewing.

Property profile
Verified
Property type Restaurants
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Gather Restaurant
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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