For Sale
$175,000

627 Lafayette StLafayette, LA 70501

Prime 0.18-acre lot, mixed-use potential

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 0.18-acre commercial and residential lot is situated in the heart of Downtown Lafayette, Louisiana, at 627 Lafayette Street, zip code 70501. Boasting excellent visibility with approximately 113,041 daily vehicular traffic counts, this property presents a unique development opportunity. Zoned CM-2 (Commercial Mixed 2), it allows for a diverse range of uses, including retail, office, multifamily, or mixed-use developments. The property's location directly across from the Main Lafayette Public Library makes it highly desirable. Site plans for a 28-unit apartment complex with ground-floor retail space are available upon request. This is one of the few remaining undeveloped tracts in this prime downtown location, offering significant potential for multiple points of ingress and egress. The asking price for this exceptional property is $175,000, and the Assessor's Parcel Number (APN) is 6038744. Don't miss this chance to acquire a piece of Downtown Lafayette's vibrant future.

Highlights

  • Corner lot in Downtown Lafayette, LA.
  • Excellent visibility with ~113,041 daily vehicle traffic counts.
  • CM-2 zoning allows retail, office, multifamily, or mixed-use development.
  • Multiple points of ingress/egress potential.

Property Details for 627 Lafayette St

Property type
Land
Lot Size (sq. ft)
7,841 SF

Location Insight

City
Lafayette
County
Lafayette Parish
State
Louisiana
Latitude
30.22700968665
Longitude
-92.02077565325
627 Lafayette St, Lafayette, Louisiana

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627 Lafayette St
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