222 E Main ST #113, New Iberia, LA 70560
222 E Main ST #113, New Iberia, LA 70560
222 E Main ST #113, New Iberia, LA 70560
222 E Main ST #113, New Iberia, LA 70560
222 E Main ST #113, New Iberia, LA 70560
222 E Main ST #113, New Iberia, LA 70560
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$ 695,000
Est. payment | /mo

6,840 SqFt


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$ 695,000
Est. payment | /mo
Save

6,840 SqFt

Key Details

Property Type Commercial

Sub Type Medical,Other,Professional/Office

Listing Status Active

Purchase Type For Sale

Square Footage 6,840 sqft

Price per Sqft $101

MLS Listing ID 2600004288

Property Sub-Type Medical,Other,Professional/Office

Property Description

Stabilized office investment offering strong in-place rental rates, 100% occupancy, and an attractive 11.07% cap rate. The property is supported by a diversified tenant mix and consistent leasing performance, providing investors with immediate, durable cash flow and limited downside risk. Well-positioned within its market, this asset presents a compelling opportunity for yield-focused buyers seeking stable income with long-term hold potential.Completely renovated in 2017 and updated in 2026Private off street parking on the corner of Weeks and Main Street.100% leased NOI with 5% vacancy rate $76,984 11.07% cap rateowner agent

Location

State LA

County Iberia

Zoning Commerical

Direction From Lafayette, take US-90 East toward New Iberia for approximately 20 miles. Take the LA-14/Center Street exit into New Iberia and continue onto Center Street. From there, turn right onto Weeks Street, then turn left onto E Main Street. The destination, 222 E Main Street, will be located in downtown New Iberia near the corner of Main Street and Weeks Street.

Interior

Heating Central, Electric, Zoned

Cooling Central Air, Zoned

Flooring Ceramic Tile, Other

Exterior

Exterior Feature Door Sign

Roof Type Rubber

Garage false

Building

Lot Description 0 to 0.5 Acres, Corner Lot, Level, City Lot, Freestanding, Industrial Park

Story 1

Foundation Slab

Sewer Public Sewer

REALTOR® Association of Acadiana IDX
Listed by NAI Rampart

NEARBY SCHOOLS & PROPERTIES

Latonia Riggs

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(337) 230-7450

info@evolverealtyco.com

121 Leonie St, Lafayette, LA, 70506, USA

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222 E Main ST #113