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Agent on Call

Andrea Laborde, REALTOR® Sales Associate
337-277-6503


$4,000,000
538 Jefferson Street
Lafayette, LA 70501
MLS# 2600005138
24850 sqft


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Property Description
Rare opportunity to own one of downtown Lafayette's most unique and recognizable buildings -- completely renovated and ready for a world-class company to call home. Located in the heart of downtown directly across from the Vermilion parking garage entrance through the park, this property blends authentic character -- including real exposed brick walls -- with true Class A finishes. Offering approximately 24,850 total square feet across two floors, the building is as distinctive as it is functional. The first floor (±15,500 SF) is fully renovated and move-in ready, featuring a full kitchen, conference rooms, meeting and training rooms, multiple restrooms, and expansive open space built for a modern headquarters. The second floor (±9,350 SF) is wide open with plumbing already in place -- ideal as additional open space or storage as-is, or ready to be finished to the same Class A quality as the first floor. A rooftop deck rounds out the upper level and can be expanded with the right buyer and approved plans. The property is offered for lease or sale as-is; however, the owners have plans in place to build out the second floor for a tenant or buyer who needs the additional finished space, at additional cost. Located in the Historic Downtown District, the property also sits within the Downtown Economic Development Zone and a designated Opportunity Zone 2.0 (effective 2027) -- offering potential tax and investment incentives for the right buyer. Designed to support a world-class Business operation, the space is equally suited to aerospace, technology, or virtually any growing company -- with room to house up to 200+ employees, or lease just the ±15,000 SF first floor and grow from there. Infrastructure includes heavy electrical capacity to meet nearly any need, high-speed internet and fiber wiring, and fire sprinkler systems throughout. Buildings like this rarely come available in downtown Lafayette. Schedule your private tour today. Owner/Agent

Details
Listing Info
Delayed Marketing: No
For Sale: Yes
For Lease: Yes
List Price/SqFt: 160.97
For Lease Price: 14.5
Per: SqFt
Date Available: 2026-08-01
Document Modified: 2026-06-09 12:23:11.452133
Status: Active
Listing Date: 2026-06-09
Listing Price: 4000000
Current Price: $4,000,000
Modification Timestamp: 2026-06-09T19:56:41Z
Photo Modified: 2026-06-09T17:23:11Z
Location, Tax & Legal Info
Flood Zone: X
Legal Desc: W P LOT 125-OLD CORP (JEFFERSON STREET MARKET)
Location
Downtown: 1
General Property Description
Approximate Age: 51 - 75 Years
Stories: 2
SqFt - Total: 24850
SqFt - Source: Approximate
Mineral Rights: Reserved
Acreage Range: 0 - 0.5
SqFt - Retail: 15500
SqFt - Office: 15500
SqFt - Warehouse: 9350
Elevator: No
Sale/Lease Info
Lease Purchase: No
CAM Fee: 0
CAM Fee SF/Yr: SF
Est Bldg Ins: 32,000
Sublease: No
Deposit: 30027.08
Min Terms (Yrs): 3
Tenant Deductible: 0
Remarks & Misc
Remarks: Rare opportunity to own one of downtown Lafayette's most unique and recognizable buildings -- completely renovated and ready for a world-class company to call home. Located in the heart of downtown directly across from the Vermilion parking garage entrance through the park, this property blends authentic character -- including real exposed brick walls -- with true Class A finishes. Offering approximately 24,850 total square feet across two floors, the building is as distinctive as it is functional. The first floor (±15,500 SF) is fully renovated and move-in ready, featuring a full kitchen, conference rooms, meeting and training rooms, multiple restrooms, and expansive open space built for a modern headquarters. The second floor (±9,350 SF) is wide open with plumbing already in place -- ideal as additional open space or storage as-is, or ready to be finished to the same Class A quality as the first floor. A rooftop deck rounds out the upper level and can be expanded with the right buyer and approved plans. The property is offered for lease or sale as-is; however, the owners have plans in place to build out the second floor for a tenant or buyer who needs the additional finished space, at additional cost. Located in the Historic Downtown District, the property also sits within the Downtown Economic Development Zone and a designated Opportunity Zone 2.0 (effective 2027) -- offering potential tax and investment incentives for the right buyer. Designed to support a world-class Business operation, the space is equally suited to aerospace, technology, or virtually any growing company -- with room to house up to 200+ employees, or lease just the ±15,000 SF first floor and grow from there. Infrastructure includes heavy electrical capacity to meet nearly any need, high-speed internet and fiber wiring, and fire sprinkler systems throughout. Buildings like this rarely come available in downtown Lafayette. Schedule your private tour today. Owner/Agent
Office/Member/Contract Info
List AOR: RAA
Property Type
Professional/Office: 1
Retail: 1
Price Includes
Real Estate: 1
Parking
Parking Garage: 1
Rear Parking: 1
Varies by Unit: 1
Road Frontage
Public Street: 1
Other: 1
Construction
Brick: 1
Frame: 1
Features
Fire Sprinklers: 1
Foundation
Slab: 1
Exterior
Door Sign: 1
Roof
Tar/Gravel: 1
Heating
Central: 1
Cooling
Central Air: 1
Gas
Available: 1
Flooring
Ceramic Tile: 1
Concrete: 1
Electricity
220 Volts: 1
Sewer
Public Sewer: 1
Sewer Company: lus
Water Source
Public: 1
Water Company: LUS
Documents
Floor Plan: 1
Security Features
Security System: 1
Landlord Pays
Roof Repairs: 1
Structural Repairs: 1
Financing
Cash: 1
Conventional: 1
Originating Details
Originating System ID: M00000300
Originating System Key: 20260603153418636884
Originating System Listing ID: 2600005138
Originating System Name: RAA Flex
Location Tax Legal Info
Street Number: 538
Street Name: Jefferson
St Suffix: Street
Parish: Lafayette
State: LA
Zip Code: 70501
Subdivision: Vermillionville
Area: G3
Tax Assessment Number: 6072219
Zone: Commercial
Directions: Down Jefferson Street across from Parking Tower
Property Features
Property Type: Professional/Office; Retail
Location: Downtown
Road Frontage: Public Street; Other
Features: Fire Sprinklers
Exterior: Door Sign
Heating: Central
Cooling: Central Air
Gas: Available
Electricity: 220 Volts
Sewer: Public Sewer
Water Source: Public
Construction: Brick; Frame
Roof: Tar/Gravel
Flooring: Ceramic Tile; Concrete
Documents: Floor Plan
Landlord Pays: Roof Repairs; Structural Repairs
Parking: Parking Garage; Rear Parking; Varies by Unit
Foundation: Slab
Financing: Cash; Conventional
Price Includes: Real Estate
Security Features: Security System

IDX
Listing Office: Keaty Real Estate Team

Last Updated: June - 09 - 2026

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.


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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.

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