Storefront with Drive-Through
For Sale
$126,900
1137 N Main Street, Opelousas, LA 70570
Commercial Sale, Opelousas, LA
Property Size842 SF
Price / SF$150.71
Days on Market1016
Property Features for 1137 N Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Parking
20
Lot features
Level
Directions
I 49 N. to Opelousas exit 19B, go west on Hwy 190 then right on N Union Street. Union will curve to the left after the Catholic Church and you will turn right on (LA 182) N Main. The building is on the left next to the Dollar Tree.
Subdivision
L2
Standard status
Active
APN
0102834500
Size
842 SF
Additional Details
Currently Operating
Yes
Taxes and HOA fees
Tax Description
1 LOT (96.1X135.75) N MILLSPAUGH S W YAMBILEE COURTS E HIGHWAY
Tax Annual Amount
584
Legal Description
1 LOT (96.1X135.75) N MILLSPAUGH S W YAMBILEE COURTS E HIGHWAY
Utilities
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Amenities
cathedral ceiling
secure vault
open concept interior
Building Details
Floors in Building
1
Flooring type
Vinyl, Tile
Building materials
Block, Brick
Roof type
Composition
Buildings
1
Listing Agency:
RE/MAX Excellence
(337) 678-3663
Listed By:
Toni Effingger · License #0995680712
(337) 793-5738
Added: Jan 17, 2024
Changed: Oct 28
Last Checked: Oct 29 at 2:06AM
MLS# 24000457
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 842-square-foot commercial storefront has an open-concept interior, a cathedral ceiling, two drive-through windows and a secure vault. The building is currently used as a barber shop and includes a bathroom. Block and brick construction, vinyl and tile flooring, central electric heating and central air conditioning are documented. Public water and sewer serve the property.
A roof replacement, exterior painting and privacy fence were completed in 2022. The property is zoned Commercial.
A roof replacement, exterior painting and privacy fence were completed in 2022. The property is zoned Commercial.
Key Highlights
- 842‑square‑foot storefront with an open interior and cathedral ceiling
- Two drive‑through windows and functional money‑handling drawers
- Secure vault and one bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,856
Cap Rate
4.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$117,120
$117.1K
Cap Rate 7%
$83,657
$83.7K
Cap Rate 9%
$65,067
$65.1K
Market Conditions
NOI Build-Up for 842 SF
Gross rent
$9.1K $10.80/SF
− Vacancy
−$727 −$0.86/SF
EGI
$8.4K $9.94/SF
− OpEx
−$2.5K −$2.98/SF
NOI
$5.9K $6.96/SF
Area
St. Landry County, LA
Vacancy
8.00%
Lease Rate
$10.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$117,120
Cap Rate 7%
$83,657
Cap Rate 9%
$65,067
Alternative Uses
Best Use
Retail
$83.7K
$73.2K – $97.6K
NOI $5,856 @ 7.0% cap · market cap 4.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$127.0K
$111.2K – $148.2K
NOI $8,892 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
528
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 70570, LA
38,746
Population
17,099
Households
2.3
Avg Household Size
39
Median Age
15%
College-Educated
82%
High-School Grad
171.8 sq mi
ZIP Area
226
Density / Sq Mi
$45,276
Median Household Income
$33,090
Median Earnings
$764
Median Rent
$151,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Storefront property - An open interior and a secure vault support a range of commercial configurations.
Where is this storefront property 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: 842‑square‑foot storefront with an open interior and cathedral ceiling; Two drive‑through windows and functional money‑handling drawers; Secure vault and one bathroom
