509 Rue Du Belier Lafayette, LA 70506
This exceptional Lafayette, Louisiana event center is situated on a spacious 2.68-acre lot. The 5,818-square-foot building, featuring two stories, offers a versatile space ideal for a wide range of events, from large-scale gatherings and social functions to more intimate settings. Its adaptable design allows for easy reconfiguration to suit diverse needs and concepts. Currently priced at its appraised value of $925,000, this property presents a compelling investment opportunity. The single building is situated on a substantial lot, providing ample space for parking, outdoor activities, or future expansion. This turnkey operation is ready for a new owner to capitalize on its established presence in the Lafayette market. The property's location in Lafayette Parish, Louisiana, zip code 70506, offers convenient access to local amenities and a thriving community. Detailed information and scheduling of viewings are available upon request. This is a rare opportunity to acquire a well-established and highly adaptable event venue in a desirable location.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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