1116 Center StNew Iberia, LA 70560

  • Other commercial real estate
  • 0.27 AC
For Lease
$1.52/SF/YR View listing

Property Details for 1116 Center St

Lot size
0.27 AC
Property type
Other commercial real estate
APN
05 03830500
APU
503830500

Description

This exceptional 4,032 square foot free-standing retail building is ideally situated on Center Street in New Iberia, Iberia Parish, Louisiana. Boasting excellent visibility and high traffic counts due to its location on a four-lane road, this single-tenant property presents a remarkable opportunity for businesses seeking a prominent presence in a thriving community. Currently, 2,440 square feet of space is available for lease, offering ample room for a variety of retail ventures. The building sits on a 0.27-acre lot and is a single-story structure. Its previous occupant was Mouton's Electrical Sales and Service, demonstrating its suitability for a range of commercial uses. The property's prime location ensures high visibility and accessibility for customers, making it an attractive proposition for businesses aiming to establish a strong foothold in the New Iberia market. The building's size and layout offer flexibility for customization to meet specific business needs. This is a rare opportunity to acquire a well-positioned retail space in a desirable location. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,831,768
    Hospitality
    $1,677,890
    Educational
    $1,395,985
    Medical
    $1,443,995
    Retail
    $2,171,532
1116 Center St, New Iberia, Louisiana

Location Insight

City
New Iberia
County
Iberia
State
Louisiana
Latitude
29.9945
Longitude
-91.8285
CBSA code
29180
CBSA name
LAFAYETTE, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,128
$2,223
$21,187
$23,410
-
$22,230
$164,527
$186,757

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