$990,000
Lafayette, LA 70501
MLS# 24010301
2 baths | 4500 sqft
1 / 46
Property Description
**RARE PROPERTY! Opportunity Zone & New Roof!** 3 homes on 1 property! Originally built in 1880, this iconic property offers tremendous opportunity as a true commercial and/or residential live work experience. All 3 structures are very well maintained and updated separate structures with character and ambiance that only a historical site can offer. Ideal for Spa and wellness center, medical, Office, bed & breakfast, personal residence, bistro, downtown tourist & welcome center, pet boarding/grooming as well as many other options! The main house, 1011 Lee is 3b/2b, the adjacent residence is 2b/1b and the carriage house in the rear is 1b/1b (popular on AirBnB!) All three structures included for $1,150,000 or purchase separately, Seller already had the property subdivided: 1011 Lee Ave + carriage house for $825,000 and 1015 Lee Ave for $375,000. Carriage House and 1015 Lee Ave are both Tenant occupied. Located in the 'Opportunity Zone' within the CBD across from the Juliet boutique hotel and with an abundance of parking in close proximity. Cross listed in Commercial databases. Buy, Lease/Purchase, Trade - Call for additional details!
Details
Listing Info
Delayed Marketing: No
For Sale: Yes
For Lease: Yes
List Price/SqFt: 220
For Lease Price: 3800
Per: Month
Document Modified: 2024-11-06 11:02:12.973651
Status: Active
Listing Date: 2024-11-04
Listing Price: 990000
Current Price: $990,000
Modification Timestamp: 2025-12-06T13:14:47Z
Photo Modified: 2024-11-06T17:03:46Z
Location, Tax & Legal Info
Legal Desc: 1011-1011 1/2 LEE AVE; P LOTS 131 132 133 & 134 MOUTON ADDITION (0.352 AC) (22-4480 PLAT) 1015 LEE AVE; P LOTS 132 133 & 134 MO
Location
Downtown: 1
Freestanding: 1
Historic Area: 1
General Property Description
Stories: 2
SqFt - Total: 4500
SqFt - Source: Approximate
Mineral Rights: Reserved
Acreage Range: 0 - 0.5
SqFt - Retail: 3189
SqFt - Office: 1311
SqFt - Warehouse: 0
Elevator: No
# Offices: 4
Ceiling Height (Ft): 11
# Parking Spaces: 6
Acres: 0.46
Total Baths: 2
Sale/Lease Info
Lease Purchase: Yes
CAM Fee: 0
CAM Fee SF/Yr: SF
Est Bldg Ins: 0
Sublease: No
Deposit: 3800
Min Terms (Yrs): 3
Tenant Deductible: 0
Remarks & Misc
Remarks: **RARE PROPERTY! Opportunity Zone & New Roof!** 3 homes on 1 property! Originally built in 1880, this iconic property offers tremendous opportunity as a true commercial and/or residential live work experience. All 3 structures are very well maintained and updated separate structures with character and ambiance that only a historical site can offer. Ideal for Spa and wellness center, medical, Office, bed & breakfast, personal residence, bistro, downtown tourist & welcome center, pet boarding/grooming as well as many other options! The main house, 1011 Lee is 3b/2b, the adjacent residence is 2b/1b and the carriage house in the rear is 1b/1b (popular on AirBnB!) All three structures included for $1,150,000 or purchase separately, Seller already had the property subdivided: 1011 Lee Ave + carriage house for $825,000 and 1015 Lee Ave for $375,000. Carriage House and 1015 Lee Ave are both Tenant occupied. Located in the 'Opportunity Zone' within the CBD across from the Juliet boutique hotel and with an abundance of parking in close proximity. Cross listed in Commercial databases. Buy, Lease/Purchase, Trade - Call for additional details!
Office/Member/Contract Info
List AOR: RAA
Property Type
Medical: 1
Professional/Office: 1
Restaurant: 1
Price Includes
Real Estate: 1
Parking
On Site: 1
On Street: 1
Road Frontage
Public Street: 1
Construction
Frame: 1
Features
Employee Lounge: 1
Living Space Available: 1
Storage Above Offices: 1
Foundation
Brick Piers: 1
Concrete Piers: 1
Lot Description
Interior Lot: 1
Level: 1
Zero Lot Line: 1
Exterior
Partially Fenced: 1
Roof
Composition: 1
Metal: 1
Other: 1
Heating
Central: 1
Natural Gas: 1
Cooling
Ceiling Fans: 1
Central Air: 1
Gas
Available: 1
On Property: 1
Flooring
Tile: 1
Wood: 1
Electricity
100+ Amps: 1
Sewer
Public Sewer: 1
Separate Meters: 1
Sewer Company: LUS
Water Source
Public: 1
Water Company: LUS
Documents
Floor Plan: 1
Legal Description: 1
Security Features
Security System: 1
Smoke Alarm: 1
Landlord Pays
None: 1
Financing
Cash: 1
Conventional: 1
Lease Purchase: 1
Owner Finance: 1
Private Banking: 1
See Remarks: 1
Originating Details
Originating System ID: M00000300
Originating System Key: 20241106163742124982000000
Originating System Listing ID: 24010301
Originating System Name: RAA Flex
Location Tax Legal Info
Street Number: 1011-1015
Street Name: Lee
St Suffix: Avenue
Parish: Lafayette
State: LA
Zip Code: 70501
Subdivision: Mouton Addition
Area: G3
Tax Assessment Number: 6172064 6172065
Zone: CBD
Directions: Johnston to Jefferson towards downtown, Left onto Lee Ave
Property Features
Property Type: Medical; Professional/Office; Restaurant
Location: Downtown; Freestanding; Historic Area
Road Frontage: Public Street
Features: Employee Lounge; Living Space Available; Storage Above Offices
Exterior: Partially Fenced
Heating: Central; Natural Gas
Cooling: Ceiling Fans; Central Air
Gas: Available; On Property
Electricity: 100+ Amps
Sewer: Public Sewer; Separate Meters
Water Source: Public
Construction: Frame
Roof: Composition; Metal; Other
Flooring: Tile; Wood
Documents: Floor Plan; Legal Description
Lot Description: Interior Lot; Level; Zero Lot Line
Landlord Pays: None
Parking: On Site; On Street
Foundation: Brick Piers; Concrete Piers
Financing: Cash; Conventional; Lease Purchase; Owner Finance; Private Banking; See Remarks
Price Includes: Real Estate
Security Features: Security System; Smoke Alarm
IDX
Listing Office: Compass
Last Updated: December - 06 - 2025
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Broker Attribution:
337-233-9700
GUIDRY & CO. REAL ESTATE, Lafayette, LA. All offices are independently owned and operated. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Realtor® Association of Acadiana; MLS Real Estate listings held by brokerage firms other than GUIDRY & CO. REAL ESTATE are marked with the MLS approved icon for
IDX
. “Information Deemed Reliable But Not Guaranteed”. Copyright 2016 REALTOR® Association of Acadiana, All rights reserved.
Licensed & Regulated in the jurisdiction of the Louisiana Real Estate Commission, Members of the National Association of Realtors®, Louisiana Realtors®, Realtor® Association of Acadiana, Multiple Listing Service (MLS), Louisiana Commercial (www.lacdb.com), The Realtor® Commercial Alliance, Equal Housing Opportunity.