Automotive Shop with Office
For Sale
$180,000
1613 S Hopkins St, New Iberia, LA 70560
Mixed-use Hopkins Street property combines a tire service shop, covered awning, and a 2-bed, 2-bath residence/office.
Property Size3,118 SF
Price / SF$57.73
Days on Market388
Property Features for 1613 S Hopkins St
General Information
Standard status
Active
Size
3,118 SF
Additional Details
Business Included
Yes
Listing Agency:
EXP Realty, LLC
(337) 577-8855
Listed By:
Blaise Verret · License #995703803
(337) 577-8855
Source:
Exprealty
Added: Jul 10, 2025
Changed: Jul 10
Last Checked: Jul 31 at 12:41PM
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 EXP Realty, LLC
Investment Insights
Based on property information with market context.
This for-sale package includes 1611 and 1613 S Hopkins St and is currently operating as a tire service business. The offering combines a 2 bedroom, 2 bath residence/office with a spacious shop area and an 800 sq. ft. awning for covered work or staging. The owner is also open to selling the business and assets along with the real estate.
The property is arranged to support an automotive service operation with on-site work space and covered exterior area. While specific traffic, frontage, and zoning details are not provided, the listing notes the opportunity to include the adjacent 1614 Hopkins St, which is also for sale and includes additional warehouse space and retail opportunities that may be packaged together.
For buyers looking to acquire a turnkey automotive service setup, the combination of shop space, covered awning, and a residence/office unit can support both business operations and daily management in one location. Because the seller is willing to consider including the business and assets, this may also appeal to operators seeking to take over an existing tire service operation at the property.
The property is arranged to support an automotive service operation with on-site work space and covered exterior area. While specific traffic, frontage, and zoning details are not provided, the listing notes the opportunity to include the adjacent 1614 Hopkins St, which is also for sale and includes additional warehouse space and retail opportunities that may be packaged together.
For buyers looking to acquire a turnkey automotive service setup, the combination of shop space, covered awning, and a residence/office unit can support both business operations and daily management in one location. Because the seller is willing to consider including the business and assets, this may also appeal to operators seeking to take over an existing tire service operation at the property.
Key Highlights
- Package includes 1611 and 1613 Hopkins St.
- On‑site 2‑bed, 2‑bath residence/office connected to a tire service business.
- 1900+ sqft shop currently operating for tire service.
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
Mixed Use
$461.0K
$403.4K – $537.9K
NOI $32,271 @ 7.0% cap · market cap 17.93%
Second Best
Office B
$375.2K
$328.3K – $437.8K
NOI $26,266 @ 7.0% cap · market cap 14.59%
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
Well-served
Demand for This Use
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 Office in South region
Questions? Ask Rey
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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
Frequently Asked Questions
What type of property is this?
Auto shop - Mixed-use Hopkins Street property combines a tire service shop, covered awning, and a 2-bed, 2-bath residence/office.
Where is this auto shop located?
The property is located at 1613 S Hopkins St 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: Package includes 1611 and 1613 Hopkins St.; On‑site 2‑bed, 2‑bath residence/office connected to a tire service business.; 1900+ sqft shop currently operating for tire service.
