Four-Level Mixed-Use
For Sale
$485,000
150 W Main St, New Iberia, LA 70560
Partially completed redevelopment with proposed restaurant space, eight residential units, balconies, and an elevator shaft.
Property Size14,972 SF
Price / SF$32.39
Days on Market427
Property Features for 150 W Main St
General Information
Standard status
Active
Size
14,972 SF
Elevators
No
Property subtype
Retail
Property Condition
Severity
Major Repairs Needed
Evidence
down to the studs
Additional Details
Opportunity Zone
Yes
Amenities
Water
Sewer
Building Details
Buildings
1
Stories
4
Listing Agency:
The Gleason Group
(337) 380-9511
Listed By:
Bart Broussard · License #R0842
(337) 380-9511
Source:
Lacdb.resimplifi
Added: Jul 1, 2025
Changed: Aug 31
Last Checked: Aug 31 at 1:36PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Gleason Group
Investment Insights
Based on property information with market context.
This four-level mixed-use building offers approximately 14,972 SF, excluding balconies, with a proposed restaurant and bar layout on the main level. The upper floors are framed for eight residential units: four on the second floor, three on the third floor, and a penthouse suite on the fourth floor. Balconies are planned along the second and third floors, and architectural plans identify a 1,288 SF penthouse level.
The restoration is estimated to be approximately 45% complete. Structural reinforcement has been completed, and the building is currently reduced to its framing. The ground floor remains raw, with a dirt floor, while an elevator shaft is already in place for future service installation. Proposed private parking is located at the rear of the property.
The property is at 150 W Main St in New Iberia’s Downtown Historic District and is situated in an Opportunity Zone. Its setting is described as being among downtown dining, nightlife, and Bayou Teche activity.
The restoration is estimated to be approximately 45% complete. Structural reinforcement has been completed, and the building is currently reduced to its framing. The ground floor remains raw, with a dirt floor, while an elevator shaft is already in place for future service installation. Proposed private parking is located at the rear of the property.
The property is at 150 W Main St in New Iberia’s Downtown Historic District and is situated in an Opportunity Zone. Its setting is described as being among downtown dining, nightlife, and Bayou Teche activity.
Key Highlights
- Approximately 14,972 SF across four levels, excluding balconies
- Main level planned for approximately 4,300 SF of restaurant and bar space
- Upper floors framed for eight residential units, including a 1,288 SF penthouse suite
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
868
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 Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Partially completed redevelopment with proposed restaurant space, eight residential units, balconies, and an elevator shaft.
Where is this mixed-use property located?
The property is located at 150 W Main St New Iberia, LA.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Approximately 14,972 SF across four levels, excluding balconies; Main level planned for approximately 4,300 SF of restaurant and bar space; Upper floors framed for eight residential units, including a 1,288 SF penthouse suite
