Retail-Professional Office
For Sale
$418,000
1020 E Dale Street, New Iberia, LA 70560
COMMERCIAL - New Iberia, LA
Property Size3,100 SF
Lot Size0.75 Acres
Price / SF$134.84
Days on Market50
Property Features for 1020 E Dale Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
-
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking features
Off Street, Parking Lot
Exterior features
Pole Sign
Lot features
Level
Directions
Take Hwy 90 towards New Iberia then exit 115 B toward LA-182/St Martinville. Continue onto LA-182 S/Old Spanish Trail and then turn right onto S Lewis St. Turn left onto E Dale St and your destination will be on the right.
Subdivision
I2
Standard status
Active
APN
0504958500a
Size
3,100 SF
Lot size
0.75 Acres
Taxes and HOA fees
Tax Description
0.751 AC... ITEM #1 DALE ST, LOT 8, WELDON ST, NI JAYCEES BEING PART OF BLK 9 OF PLAT ACQ: SUTTONS STEEL & SUPPLY, INC, ETAL - 2003 (1263-713) IMP (ARMENTOR'S JEWELERS - 1020 E DALE ST) ITEM #2 LAND COMM SITE DEVELOPMENT ITEM #3
Legal Description
0.751 AC... ITEM #1 DALE ST, LOT 8, WELDON ST, NI JAYCEES BEING PART OF BLK 9 OF PLAT ACQ: SUTTONS STEEL & SUPPLY, INC, ETAL - 2003 (1263-713) IMP (ARMENTOR'S JEWELERS - 1020 E DALE ST) ITEM #2 LAND COMM SITE DEVELOPMENT ITEM #3
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Tile, Concrete
Roof type
Composition
Listing Agency:
Coldwell Banker Trahan Real Estate Group
(337) 993-1414
Listed By:
Tanna Crifasi · License #0995701894
(337) 322-4814
Added: Jun 15
Changed: Jul 25
Last Checked: Aug 3 at 1:06AM
MLS# 2600005355
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.
Investment Insights
Based on property information with market context.
This well-maintained retail/professional office building was formerly operated as Armentor Jewelers. The interior features an expansive sales floor along with private offices and additional workspace areas, plus storage, a breakroom, and two restrooms. The layout provides separation between customer-facing and operational areas.
The property is positioned in New Iberia’s established commercial corridor and offers convenient access to Lewis Street, Admiral Doyle Drive, and Hwy 90. Nearby businesses include Regions Bank, First Horizon Bank, Iberia Medical Center (Main and North Campus), Walmart Supercenter, Ross Dress for Less, and Ollie’s Bargain Outlet.
With both open and enclosed work areas, the building is designed to support a range of retail and professional office uses, including financial services, medical, legal, insurance, and related professional operations.
The property is positioned in New Iberia’s established commercial corridor and offers convenient access to Lewis Street, Admiral Doyle Drive, and Hwy 90. Nearby businesses include Regions Bank, First Horizon Bank, Iberia Medical Center (Main and North Campus), Walmart Supercenter, Ross Dress for Less, and Ollie’s Bargain Outlet.
With both open and enclosed work areas, the building is designed to support a range of retail and professional office uses, including financial services, medical, legal, insurance, and related professional operations.
Key Highlights
- Well‑maintained retail/professional office building formerly operated as Armentor Jewelers
- Expansive sales floor plus private offices and workspace areas
- Includes storage, breakroom, and two restrooms (Bathroom 1 and Bathroom 2)
Financial Insights For Office B
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 | $44.6k | $14.40 |
| − Vacancy | −$9.8k | −$3.17 |
| EGI | $34.8k | $11.23 |
| − OpEx | −$8.7k | −$2.81 |
| NOI | $26.1k | $8.42 |
3,100 SF · lease $14.40/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$373.1K
$326.4K – $435.2K
NOI $26,114 @ 7.0% cap · market cap 6.25%
Second Best
Retail
$356.4K
$311.8K – $415.8K
NOI $24,946 @ 7.0% cap · market cap 5.97%
Theoretical Best
Office A
$512.7K
$448.6K – $598.2K
NOI $35,891 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
785
Businesses Nearby
Explore this area
Business Placement
Demographics for 70560, LA
39,457
Population
16,970
Households
2.3
Avg Household Size
38
Median Age
11%
College-Educated
80%
High-School Grad
176.1 sq mi
ZIP Area
224
Density / Sq Mi
$48,296
Median Household Income
$31,864
Median Earnings
$886
Median Rent
$126,500
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Well-maintained building with an expansive sales floor, private offices, storage, and two restrooms.
Where is this office building located?
The property is located at 1020 E Dale Street New Iberia, LA.
What is the asking price?
The asking price for this property is $418,000.
What are key features of this property?
This property features: Well‑maintained retail/professional office building formerly operated as Armentor Jewelers; Expansive sales floor plus private offices and workspace areas; Includes storage, breakroom, and two restrooms (Bathroom 1 and Bathroom 2)
