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    Bank Substation with Drive-Through Windows Title is generated by Realmo AI

    1137 N Main Street, Opelousas, LA 70570

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    Claim this Listing
    For Sale
    $126,900

    COMMERCIAL - Opelousas, LA

    Property size:
    842 SF
    Price / SF:
    $150/SF
    Added:
    Jan 17, 2024
    Days on Market:
    902
    Last Refresh:
    Jul 7 at 5:06 pm

    Property Features for 1137 N Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Commercial
    Bathrooms
    1
    Rooms
    Bathroom 1
    Parking
    20
    Exterior features
    Pole Sign
    Standard status
    Active
    APN
    0102834500
    Size
    842 SF

    Taxes and HOA fees

    Tax Description
    1 LOT (96.1X135.75) N MILLSPAUGH S W YAMBILEE COURTS E HIGHWAY

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Floors in Building
    1
    Flooring type
    Tile
    Roof type
    Composition

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    Toni L Effingger
    Toni L Effingger

    Listing agent Toni L Effingger License #0995680712

    Listing office RE/MAX Excellence 906 Creswell Ln, Opelousas, LA

    Listing date Jan 17, 2024

    MLS# 24000457

    Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High‑traffic location ideal for business ventures.
    • Unique building with a captivating design and versatile open concept interior.
    • Includes a secure vault.
    • Features two drive‑through windows.
    • Minimal maintenance required with recent roof replacement, fresh exterior paint, and a 2022 privacy fence.
    • Distinctive features such as a cathedral ceiling and functional money‑handling drawers.

    Overview

    This versatile, turn-key commercial building features a cathedral ceiling and an open concept interior designed for flexible use. The property includes two drive-through windows, original functional drawers built for money handling, and a secure vault. It is currently operating as a barber shop, with the layout supporting both walk-in and drive-through service through the dedicated windows.

    Located at 1137 N Main Street in Opelousas, Louisiana, the building sits in a high traffic area. Recent exterior and site updates include a roof replacement, a freshly painted exterior, and a privacy fence completed in 2022.

    For buyers and tenants looking for a distinctive storefront with drive-through capability and a flexible interior, this structure offers a built-in service setup and secure, interior storage through the vault. The existing configuration may support a wide range of commercial uses where an open floor plan, dedicated drive-through windows, and low-maintenance improvements are important.

    Local Financial Insights For Specialty Retail

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $11.6k $13.80
    − Vacancy −$720 −$0.86
    EGI $10.9k $12.94
    − OpEx −$2.7k −$3.24
    NOI $8.2k $9.71
    842 SF · lease $13.80/SF/yr · vacancy 6.20% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $116.8K
    $102.2K – $136.2K (±1% cap)
    NOI $8,174 @ 7.0% cap · market cap 6.44%
    Second Best
    Retail
    $83.7K
    $73.2K – $97.6K (±1% cap)
    NOI $5,856 @ 7.0% cap · market cap 4.61%
    Theoretical Best
    Office A
    $127.0K
    $111.2K – $148.2K (±1% cap)
    NOI $8,892 @ 7.0% cap · market cap 7.01%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Banks

    Suggested Use

    Real Estate Agency Dental Office Spa & Massage Center HVAC Service Big Box & Wholesale Store Building Supply Hair Salon Cafe & Coffee Shop Electrical Service Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Opelousas
    County
    St. Landry
    State
    Louisiana
    Longitude
    -92.080575
    Latitude
    30.545056

    FAQs

    What type of property is this?
    Bank - Former bank substation with cathedral ceiling and secure vault, currently configured as a barber shop.
    Where is this bank located?
    The property is located at 1137 N Main Street Opelousas, LA.
    What is the asking price?
    The asking price for this property is $126,900.
    What are key features of this property?
    This property features: High‑traffic location ideal for business ventures.; Unique building with a captivating design and versatile open concept interior.; Includes a secure vault.
    More about this property
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