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    Retail-Office Building with Offices Title is generated by Realmo AI

    1020 E Dale Street, New Iberia, LA 70560

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    Claim this Listing
    New
    For Sale
    $418,000

    COMMERCIAL - New Iberia, LA

    Property size:
    3,100 SF
    Lot size:
    0.75 Acres
    Price / SF:
    $134/SF
    Added:
    Jun 15, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 16 at 10:06 pm

    Property Features for 1020 E Dale Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    -
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1
    Parking features
    Off Street, Parking Lot
    Exterior features
    Pole Sign
    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

    Utilities

    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Floors in Building
    1
    Flooring type
    Tile, Concrete
    Roof type
    Composition

    We can help!

    Listing Contact
    Tanna Crifasi

    Listing agent Tanna Crifasi License #0995701894

    Listing office Coldwell Banker Trahan Real Estate Group 325 Settlers Trace Ste 100, Lafayette, LA

    Listing date Jun 15, 2026

    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.

    HighLights

    • Well‑maintained retail/professional office building formerly operated as Armentor's Jewelry Store
    • Expansive sales floor plus private offices, workspace areas, storage, breakroom, and two restrooms
    • Layout separates customer‑facing and operational areas, suited for retail, financial services, medical, legal, insurance, or professional office use
    • Central heat and central air, with tile/concrete flooring throughout
    • Composition roof; off‑street parking with a parking lot
    • Pole sign on exterior; served by public water

    Overview

    This well-maintained retail/professional office building was formerly operated as Armentor's Jewelry Store and offers a layout designed to separate customer-facing space from day-to-day operations. The interior includes an expansive sales floor, private offices, additional workspace areas, storage, a breakroom, and two restrooms. The configuration supports both storefront-style activity and office-based service operations, with multiple back-of-house support rooms that help accommodate a variety of professional users.

    The property is positioned in the heart of New Iberia’s established commercial corridor and provides 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 Campuses), Walmart Supercenter, Ross Dress for Less, and Ollie’s Bargain Outlet. This tenant and services mix can be useful for operators seeking a central presence among active retail and professional destinations.

    The floor plan is a practical fit for an owner-user looking to combine public-facing space with private offices, as well as for investors evaluating a multi-purpose commercial asset. Based on the existing separation between customer and operational areas, the building is particularly suited for retail, financial services, medical, legal, insurance, or other professional office users who need both reception-ready space and dedicated workrooms.

    Local 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 (±1% cap)
    NOI $26,114 @ 7.0% cap · market cap 6.25%
    Second Best
    Retail
    $356.4K
    $311.8K – $415.8K (±1% cap)
    NOI $24,946 @ 7.0% cap · market cap 5.97%
    Theoretical Best
    Office A
    $512.7K
    $448.6K – $598.2K (±1% cap)
    NOI $35,891 @ 7.0% cap · market cap 8.59%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Armentor Jewelers (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Similar Places Nearby

    • Breaux's Flowers — 1212 Center St, New Iberia, LA 70560
    • Fabian's For Flowers — 628 Center St, New Iberia, LA 70560

    Location Insight

    • Map
    • Local Demand
    City
    New Iberia
    County
    Iberia
    State
    Louisiana
    Longitude
    -91.815356
    Latitude
    29.987496

    FAQs

    What type of property is this?
    Storefront property - Well-maintained building with expansive sales floor plus private offices, storage, and breakroom for flexible professional use.
    Where is this storefront property 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's Jewelry Store; Expansive sales floor plus private offices, workspace areas, storage, breakroom, and two restrooms; Layout separates customer‑facing and operational areas, suited for retail, financial services, medical, legal, insurance, or professional office use
    More about this property
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