209 Jefferson Street

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30605359
Property Subtypes: Restaurant, Tavern/Bar/Nightclub
Status: Pending
Building Size (RSF): 5,500 SF
Gross Land Area: 0.14 Acres
Sale Price: $400,000
Unit Price: $72.73 PSF
Ceiling: 12 ft.
In Opportunity Zone? Yes
Property Use Type: Business
Usable Size (USF): 5,500 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/20/2020

Overview / Comments

Perfect for restaurant or sports bar on the main thoroughfare running through downtown Lafayette surrounded by professional office space, retail and restaurants.

Additional Details

Nearest MSA: Lafayette
County: Lafayette
Submarket/Township: G3
Taxing Authority: City of Lafayette
Tax ID/APN: 6085992
Retail Clientele: General, Business
Property Located Between: Near the intersection of E Cypress Street & Jefferson
Property Visibility: Excellent
Largest Nearby Street: Jefferson Street
Feet of Frontage: 498
Traffic/Vehicle Count: 4,700
Highway Access: 2 blocks from Evangeline Throughway, minutes from I-10 & I49.
Airports: Lafayette Regional
Site Description: Great visibility off of Jefferson Street. Multiple events are held downtown each year which will benefit your business including one of the largest international festivals in the world, Festival International.
Area Description: mixed use district with pedestrian friendly sidewalks, hotels and loft apartments.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 5,500 SF
Property Condition: Fair
Year Built: 1960
Roof Type: Flat
Construction/Siding: Block
Exterior Description: brick veneer with outdoor patio fronting on Jefferson Street
Parking Type: Surface, Other
Parking Description: on-street parking conveniently located
Sprinklers: Dry
Heat Type: Electricity
Heat Source: Central
Air Conditioning: Engineered System
Internet Access: Fiber Optic
Interior Description: concrete floors with exposed brick walls and drop ceiling.
Zoning Description: Downtown Conditional Use Permit
Lot Frontage: 49.80
Lot Depth: 125
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LOTS 4 & 5 MANSION BLK MCCOMB ADD Neighborhood: 404280.00 Downtown Subdivision: MCCOMB ADDITION 0004 0005 Subdivision: MCCOMB area Township: 9Range: 4Section: 67

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,779 72,028 133,908
Median Age: 33.19 33.9 34.61
Households: 5,600 29,189 55,138


Photograph of Listing Agent

Teddy Beaullieu

Beau Box Commercial Real Estate Lafayette Lafayette, LA 70501
LACDB Member
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