Commercial Property with Shop and
1613 Hopkins Street New Iberia, LA 70560
1613 Hopkins Street, New Iberia, LA, 70560
$180,000
For Sale
$180,000
COMMERCIAL - New Iberia, LA
Property Size3,118 SF
Lot Size0.25 Acres
Price / SF$57.73
Days on Market384
Property Features for 1613 Hopkins Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- C
- Bathrooms
- 2
- Rooms
- Bathroom 1, Bathroom 2
- Parking features
- Covered, Off Street, Parking Lot, Garage
- Exterior features
- Partially Fenced, OH Door < 10 Ft, Outside Storage, Storage Building
- Fencing
- Partial
- Standard status
- Active
- APN
- 0502935000
- Size
- 3,118 SF
- Lot size
- 0.25 Acres
Taxes and HOA fees
- Tax Description
- 1- 50 X 125 ITEM 2 HOPKINS ST, BREAUX, GACHASSIN, DARBY IMP (1611 HOPKINS ST) ITEM 1 LAND COMM SITE DEVELOPMENT ITEM 3
Utilities
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Roof type
- Composition, Metal
- Additional Structures
- Storage
Listing agency
EXP Realty, LLC
(337) 522-7554
Listed by
Blaise Verret · License #995703803
(337) 577-8855
Added: Jul 4, 2025 Updated: May 14 at 11:39AM Checked: Jul 22 at 7:06PM
MLS# 2500001079
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 commercial property, located in New Iberia, LA, includes two parcels at 1611 and 1613 Hopkins St. It features a 2-bedroom, 2-bath residence or office, a shop with over 1900 square feet, and an 800 square foot awning. The property is currently operating as a tire service business, and the owner is willing to sell the business and its assets. The lot size is 0.25 acres. The total property size is 3118 square feet. The zoning is C. An adjacent property at 1614 Hopkins St. with additional warehouse space and retail opportunities is also listed for sale and can be packaged together with this property.
Key Highlights
- Includes a 2‑bedroom, 2‑bath residence/office and a spacious 1900+ sqft shop with an 800 sqft awning.
- Currently operating as a Tire Service business; inquire about purchasing the business and assets.
- Features ample off‑street parking, including a parking lot, garage, and covered parking.
Local Financial Insights For Industrial
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 | $24.3k | $7.78 |
| − Vacancy | −$1.1k | −$0.36 |
| EGI | $23.1k | $7.42 |
| − OpEx | −$6.9k | −$2.23 |
| NOI | $16.2k | $5.20 |
3,118 SF · lease $7.78/SF/yr · vacancy 4.60% · expense 30.00%
Alternative Uses
Best Use
Retail
$358.4K
$313.6K – $418.2K
NOI $25,091 @ 7.0% cap · market cap 13.94%
Second Best
Industrial
$231.4K
$202.5K – $270.0K
NOI $16,200 @ 7.0% cap · market cap 9.00%
Theoretical Best
Office A
$515.7K
$451.2K – $601.7K
NOI $36,099 @ 7.0% cap · market cap 20.06%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
K&K Used Tires ...
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
Similar Off Market Nearby
- Torque and Power — 1407 A, 1407 Center St, New Iberia, LA 70560
- Richard's Muffler & Car Care — New Iberia, LA 70560
- Superior Quik Change LLC — 1407 Center St, New Iberia, LA 70560
- D&A tire shop — 209 E Admiral Doyle Dr, New Iberia, LA 70560
- Superior Quik Change, LLC — 1407 Center St, New Iberia, LA 70560
FAQs
What type of property is this?
Auto shop - Commercial property featuring a shop, awning, and residential/office space.
Where is this auto shop located?
The property is located at 1613 Hopkins Street New Iberia, LA.
What is the asking price?
The asking price for this property is $180,000.
What are key features of this property?
This property features: Includes a 2‑bedroom, 2‑bath residence/office and a spacious 1900+ sqft shop with an 800 sqft awning.; Currently operating as a Tire Service business; inquire about purchasing the business and assets.; Features ample off‑street parking, including a parking lot, garage, and covered parking.
