I think it would fit well, musically speaking. However, I would offer a word of caution: acoustic bass guitars, even those with "reasonably good volume," are not very efficient instruments, and tend to get drowned out by other acoustic instruments. This may be good, in that people will be less likely to complain if they can't hear you, but if you want to be heard (or to hear yourself), you're likely to be frustrated.

I'm sure others will chime in to dispute this, but I have played a lot of acoustic bass guitars, and have yet to hear one that can really hold its own against other acoustic instruments. It might work in a duo, or in a trio whose members consciously watch their dynamics. In a session, forget it.