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Mixed-Use Storefront With Residence
For Sale
$250,000

1116 Center Street, New Iberia, LA 70560

Commercial Sale, New Iberia, LA

Property Size4,032 SF
Lot Size0.24 Acres
Price / SF$62
Days on Market1601

Property Features for 1116 Center Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning C3
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 3, Bathroom 2, Bathroom 1
Parking 5
Parking features Off Street
Exterior features Pole Sign
Lot features Level
Directions From Hwy 90, take Center St exit, then head into New Iberia on Center Street. Cross over Admiral Doyle, drive half a mile further, building will be on Left.
Subdivision I2
Standard status Active
APN 0503830500
Size 4,032 SF
Lot size 0.24 Acres

Taxes and HOA fees

Tax Description 1-66 x 177 ITEM 2
Legal Description 1-66 x 177 ITEM 2

Utilities

Heating system Central
Cooling system Central Air
Water source Public

Building Details

Floors in Building 1
Flooring type Wood, Concrete
Roof type Composition, Metal
Listing Agency: Compass · ERA Real Estate
Listed By: Brennan Billeaud · License #0000069755
Added: May 11, 2022 Changed: Sep 13 Last Checked: Sep 27 at 12:06PM
MLS# 22004339

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 mixed-use property includes a 2,440-square-foot retail storefront and a separate 1,592-square-foot dwelling with three bedrooms and two bathrooms. The 4,032-square-foot property sits on 0.24 acres and includes wood and concrete flooring, central heating and cooling, off-street parking, and a pole sign. Roofing consists of composition and metal materials, with public water serving the site.

The property fronts Center Street, a four-lane roadway in New Iberia, providing direct street exposure. Zoned C3, the site supports a combination of commercial storefront and residential improvements in an established central location.

Key Highlights

  • 2,440 SF retail storefront with Center Street exposure
  • 1,592 SF dwelling with 3 bedrooms and 2 bathrooms
  • 4,032‑square‑foot mixed‑use property on 0.24 acres

Property Analytics

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Current Use

Live-work space

Suggested Use

Top Pick Locksmith Skin Care Clinic Acupuncture Home Appliance Store (Bike/Boat/Book/etc) Store Tattoo & Piercing Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

517
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - C3-zoned property combines retail space with a three-bedroom residence and Center Street exposure.
Where is this mixed-use property located?
The property is located at 1116 Center Street New Iberia, LA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 2,440 SF retail storefront with Center Street exposure; 1,592 SF dwelling with 3 bedrooms and 2 bathrooms; 4,032‑square‑foot mixed‑use property on 0.24 acres
More about this property
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