Active
Sale
Investment
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115 + 205 Mckinley St Investment Opportunity

115 McKinley St, Lafayette, LA 70501

For Sale

$950,000

$130.15/SF

Building Size
7,299 SF
Lot Size
1.3 ac
Parish
Lafayette
Days on Market
37
Listed
08/25/2026
Updated
08/27/2026
115 + 205 Mckinley St Investment Opportunity
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Overview

Established in 1966, The Keg, has been a Freetown Port-Rico staple in the heart of Lafayette for decades. This site is ripe with potential for renovation and revitalization, close to the University of Louisiana-Lafayette. 115 Mckinley is currently being offered in conjunction with 205 Mckinley for ample parking and flexibility. The combined locations feature 1.3 acres for the largest available footprint in the immediate surrounding area of ULL. Development potential is abundant with preliminary approval for 53 residential units between both sites, with historical tax credits within reach.

Please see attached documents for more info via preliminary site plans and offering memorandum.

Additional Information

City
Lafayette
State
LA
Zip Code
70501
Is Vacant
Yes
Zoning
MN-2(CUP
Zoning Desc.
Mixed Neighborhood 2 Conditional Use Permit
Year Built
1966
Ceiling Height
10'
Nearest Interstate
I-10 + I-49 - 3.5 mi
Nearest Hwy
LA Hwy 90 - Evangeline Thruway - 0.6 mi
Nearest Airport
Lafayette Regional Airport - 2 mi
Nearest Port
Port Of Iberia - 22 mi
Power Provider
City - LUS
Water Provider
LUS
Sewer Provider
LUS
Parcel APN
6065212
Listing ID
401a8fd6

Parcel & Location