Active
Sale
Land
Other
Parking Facility

Income Generating Parking Lot in Downtown Lafayette

200 W Garfield St, Lafayette, LA 70501

For Sale

$900,000

$24.31/SF

Lot Size
0.85 ac
Parish
Lafayette
DOM
11
Listed
11/03/2026
Updated
11/04/2026
Income Generating Parking Lot in Downtown Lafayette
1 / 5

Overview

Rare downtown Lafayette pay parking lot at 200 W. Garfield St: ± 0.85 acres with 115 striped spaces, offered at $900,000. It earns income now from daily, monthly, and event parking, and it has strong redevelopment upside.

Downtown Lafayette brings steady demand from office workers, government and courthouse visitors, restaurant and nightlife traffic, and major events such as Festival International de Louisiane. Parking in the urban core is limited, which makes a well-located surface lot both a reliable income property and an irreplaceable piece of land.

Property Highlights:

  • ±0.85 acres in downtown Lafayette
  • 115 parking spaces
  • Paved / striped / lighted / fenced
  • Zoning: D (Downtown)
  • Daily, event, and monthly parking demand
  • Few comparable downtown sites of this size

Additional Information

City
Lafayette
County
Lafayette Parish
State
LA
Zip Code
70501
Latitude
30.2271937
Longitude
-92.0182335
Secondary Uses
Parking Facility
Zoning
D
Zoning Desc.
Downtown
Parking Spaces
115
Submarket
Suburban
Nearest MSA
Lafayette
Tax ID Number
6026794
Property Use Type
Net Leased (NNN)
Property Status
Existing
Topography
Level
Nearest Interstate
I-10; I-90
Listing ID
dcf8c29a

Parcel & Location