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Land Downtown Lafayette - Ideal for Multi-Family, Office or Investment

720 Lafayette Street Lafayette, LA 70501

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Overview

This prime 0.912-acre parcel is located next to the Federal Courthouse and Lafayette Parish Library in a very walkable Downtown Lafayette. It features frontage on Lafayette Street and South Washington Street, ensuring excellent accessibility & visibilty. This land offers a unique opportunity for investors and developers with its versatile zoning, dual street frontage, and proximity to civic institutions and entertainment, it is primed for diverse development options.

The zoning permits various uses, making the tract ideal for: • Office Development: Suitable for professional services and corporate headquarters, close to government institutions. • High-Density Residential: Opportunity for multi-family housing, addressing the demand for urban living spaces. • Long-Term Investment: A solid investment in a rapidly developing area, with potential for land value appreciation.

For Sale

Land

Secondary Uses: Office, Multifamily, Hospitality, Residential Development, Retail, Vacation/Resort

Sale Price
$895,000
Price Per Acre
$983.5K/ac
Acres
0.91 ac
Is Vacant
Yes
Zoning
DOWNTOWN
Zoning Description
Downtown
Sale Terms
Owner Financing
Submarket
LACDB - G3
Submarket Type
Central Business District
Nearest MSA
Lafayette
Tax ID Number
6025548 609493
Property Use Type
Investment
Lot Frontage
150 ft
Lot Size
282' deep
In Opportunity Zone
Yes
Nearest Interstate
I-10 - 1 mi
Nearest Highway
Hwy 90 - 0.8 mi
Nearest Airport
Lafayette Regional Airport - 3.2 mi
Nearest Port
Port of Iberia - 25 mi
Water Provider
City - LUS
Sewer Provider
City - LUS
Fiber Optic Provider
City - LFT Fiber
County
Lafayette Parish
Available
2023-11-14
Created
2023-11-07
Updated
2025-07-08
Listing ID
7b630434
Parcel APN
6028548
Additional Parcel APNs

6109493