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Investment Highlights
- Downtown Location
- Updated
- Wide range of permitted uses
- Heavy foot traffic
- Dedicated Parking
Executive Summary
Rare opportunity to own a commercial property in the heart of Old Town Lafayette. Ideally positioned on highly visible N Public Road, this office building offers a flexible layout with a welcoming reception/work area, conference room, two private offices, patio area, and ample parking.
Located near Old Town’s shops, restaurants, cafés, breweries, parks, trails, and community events, the property benefits from strong walkability and a vibrant downtown setting. It is also within Lafayette’s downtown revitalization area, offering potential alignment with ongoing Old Town reinvestment initiatives and possible eligibility for select City or DDA/LURA-related programs. Buyer to verify permitted uses, redevelopment potential, and applicable programs.
Current zoning allows for a range of commercial uses including general office, medical/dental office, art gallery, retail sales, personal services, indoor amusement, membership clubs, recreational facility, and veterinary care.
With strong visibility, a central Old Town location, nearby amenities, and a versatile existing office buildout, 109 N Public Rd is an excellent opportunity for an owner-user, investor, or business looking to establish a presence in Lafayette's Old Town Business Corridor.
Located near Old Town’s shops, restaurants, cafés, breweries, parks, trails, and community events, the property benefits from strong walkability and a vibrant downtown setting. It is also within Lafayette’s downtown revitalization area, offering potential alignment with ongoing Old Town reinvestment initiatives and possible eligibility for select City or DDA/LURA-related programs. Buyer to verify permitted uses, redevelopment potential, and applicable programs.
Current zoning allows for a range of commercial uses including general office, medical/dental office, art gallery, retail sales, personal services, indoor amusement, membership clubs, recreational facility, and veterinary care.
With strong visibility, a central Old Town location, nearby amenities, and a versatile existing office buildout, 109 N Public Rd is an excellent opportunity for an owner-user, investor, or business looking to establish a presence in Lafayette's Old Town Business Corridor.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
840 SF
Building Class
C
Year Built
1967
Price
$1,000,000
Price Per SF
$1,190.48
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.17 AC
Zoning
B1 - Medical/Dental/General Office, Retail, Personal Services, Recreation, Art Gallery, Veterinary Care, more.
Parking
10 Spaces (11.9 Spaces per 1,000 SF Leased)
Frontage
30’ on Public Rd
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 1575031-13-005 | Improvements Assessment | $14,445 |
| Land Assessment | $99,765 | Total Assessment | $114,210 |
Property Taxes
Parcel Number
1575031-13-005
Land Assessment
$99,765
Improvements Assessment
$14,445
Total Assessment
$114,210
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109 N Public Rd
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