Historic Property Downtown for Sale

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30819836
Property Subtypes: Restaurant, Other
Status: Pending
Building Size (RSF): 15,000 SF
Gross Building Area: See Agent
Gross Land Area: 0.76 Acres
Sale Price: $2,800,000
Unit Price: $186.67 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 3/23/2023

Overview / Comments

Iconic and historic downtown Lafayette property for sale. Includes two parking lots and a 15,000 square foot building housing a bar and grill on the first floor and five luxury apartments on the second floor.

Additional Details

Nearest MSA: Lafayette
County: Lafayette
Submarket/Township: G3
Tax ID/APN: 6058557
Zoning: CBD
Retail Clientele: General, Business, Other
Property Located Between: S Buchanan St. and W Congress St.
Property Visibility: Excellent
Largest Nearby Street: Jefferson St. and W Congress St.
Tenancy: Single Tenant
Number of Stories: 2
Typical SF / Floor: 15,000 SF
Year Built: 1905
Roof Type: Other
Construction/Siding: Brick
Parking Type: Surface
Parking Description: Private on site parking
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Water Service: Municipal
Sewer Type: Municipal
Easements: Utilities
Legal Description: LOTS 191 197 & PTS LTS 192 & 196 OLD CORPORATION OF VERMILIONVILLE

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,449 70,944 136,535
Median Age: 33.27 33.96 34.49
Households: 5,945 28,767 56,051


Photograph of Listing Agent

Rex Moroux

Scout Real Estate Company Lafayette, LA 70508
LACDB Member
Photograph of Listing Agent

Jeff Landry

Scout Real Estate Company Lafayette, LA 70508
LACDB Member
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