For Sale
$225,000

501 Lewis St New Iberia, LA 70560

Two buildings, 3801 sq ft, vacant main building

Overview

Added:
Dec 11, 2024
Days on market:
136
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

FAQs

What type of property is this?
Office property - Two buildings, 3801 sq ft, vacant main building
Where is the office property located?
The property is located at 501 Lewis St New Iberia, LA.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 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.
How can I contact the broker?
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501 Lewis St
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