For Sale
$225,000

501 Lewis StNew Iberia, LA 70560

Two buildings, 3801 sq ft, vacant main building

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents two commercial buildings totaling 3,801 square feet situated at 501 S Lewis St, New Iberia, LA 70560. The main building, boasting 2,905 square feet, is currently vacant and presents a blank canvas for a variety of uses. Originally constructed around 1950 as a grocery store, this sturdy structure features cinder block walls, a slab foundation, and a metal roof, showcasing its enduring strength and adaptability. Its history includes diverse previous tenants, ranging from a drive-through restaurant to an optometrist's office, highlighting its versatility. A secondary building of 896 square feet is currently occupied by a long-term tenant (please do not disturb). The property sits on a prominent Lewis Street frontage and is zoned C-3, offering flexibility for various commercial ventures. The asking price is $225,000, translating to $72.35 per square foot. The property consists of two single-story buildings. The property's APN is 0502555501. This is a single-tenancy property. This is a mixed-use property classified as an executive office. This is a rare opportunity to acquire a well-located, adaptable commercial property in a thriving Louisiana market.

Highlights

  • Two commercial buildings totaling 3,801 square feet in New Iberia, LA.
  • Main building (2,905 SF) is vacant, offering flexible use; secondary building (896 SF) has a long-term tenant.
  • Located on a prominent Lewis Street frontage, zoned C-3.
  • Asking price: $225,000 ($72.35/SF).
  • APN: 0502555501.

Property Details for 501 Lewis St

Property type
Office properties, Mixed-use properties
Square Feet
3,801 SF
Buildings
2
Stories
1

Location Insight

City
New Iberia
County
Iberia Parish
State
Louisiana
Latitude
29.9944147
Longitude
-91.8082772
501 Lewis St, New Iberia, Louisiana

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501 Lewis St
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