113 W Grant St - Restaurant FOR SALE


Lafayette, LA 70501
$900,000 USD
337-443-0880
113 W Grant St, Lafayette, LA for Sale
$900,000 USD
Restaurant - FOR SALE
1/2
null | Request Cap Rate

113 W Grant St
Lafayette, LA 70501


OVERVIEW

Grant Street Dancehall is a beautiful and historical 100-plus-year-old brick and cypress building originally built as a Fruit Warehouse in 1898 and was used for nothing more than fruit or grain storage for many years. Built 3 feet off the ground, the building was designed to allow easy loading and unloading of trucks and train cars in the rear. Access to the loading docks remains today. The beautiful brick walls and wooden floors remain in a very much original fashion. Converted to a dancehall circa 1980, the list of great American artists that have graced the stage are endless. Grant Street is not just your average honky-tonk, it is an institution, an icon, and gateway into the heart of a unique and thriving culture that exists in Downtown Lafayette. A major air conditioning installation was done in 2007, along with converting a 2,000 sq. ft. storage room into what now is referred to as "The Saloon". This property is located in 1) Lafayette Downtown Development District, 2) Lafayette Downtown Cultural District, 3) Lafayette Historical District, and 4) Federal Opportunity Zone making is a great candidate for many tax benefits & credits for restoration along with other downtown incentives.

FOR SALE DETAILS

PRICE

$900,000 USD

PRICE/SF

$100 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,375 SF

ZONING

D

APN/PARCEL ID

6037946

ASK ABOUT THIS PROPERTY

Tim SkinnerScout Real Estate Co.More Info
337-443-0880

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Tim SkinnerScout Real Estate Co.More Info
337-443-0880

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.