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3 buildings on Downtown Corner, CM-1

712 W Congress St, Lafayette, LA 70501

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Overview

Seize a rare chance to own an entire corner on a bustling downtown Lafayette corridor, with three charming properties brimming with potential. Zoned CM-2, these versatile cottages are primed for office, retail, food, and endless other uses! 617 Bienville retains its original residential occupancy and is currently tenant-occupied, offering immediate rental income. 716 W Congress serves as a functional office space, while 712 W Congress awaits your creative touch to unlock its potential. Whether you use the existing buildings and parking lot or re-imagine the entire corner, this high-visibility spot offers an incredible opportunity to bring your vision to life.

For Sale

Office
Sale Price
$625,000
Price Per SF
$178.1/SF
Cap Rate
5.95%
Building Size
3,510 SF
Office SF
3,510 SF
Acres
0.122 ac
Zoning
CM-2
Gross Income
$52,500
Net Operating Income
$37,203.20
Signage
On Building
Showing Instructions
Lockbox
Number of Buildings
1
Floors
1
Year Built
1969
Year Renovated
2017
Construction Siding
Wood
Construction Type
Framed
Parking Spaces
10
Rentable SF
1,000
Submarket
LACDB - G3
Nearest MSA
Lafayette
Property Status
Existing
Lot Size
50' x 120'
In Opportunity Zone
Yes
Waterfront
Yes
Power Provider
City - LUS
Water Provider
City - LUS
Sewer Provider
City - LUS
Natural Gas Provider
Private - Atmos
County
Lafayette Parish
Available
10/30/2024
Created
11/13/2024
Updated
03/19/2025
Listing ID
5faa6f83
Parcel APN
6035852