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Versatile Restaurant and Event Space
For Sale
$115,000

203 Daspit Rd, New Iberia, LA 70563

Previously used as an event/party space with space for an industrial kitchen.

Property Size3,975 SF
Price / SF$28.93
Days on Market305

Property Features for 203 Daspit Rd

General Information

Standard status Active
Size 3,975 SF
Listing Agency: LPT Realty, LLC
Listed By: Brennan Monte · License #995715401
Source: Exprealty
Added: Sep 29, 2025 Changed: Jul 23 Last Checked: Jul 29 at 7:32PM

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 LPT Realty, LLC

Investment Insights

Based on property information with market context.

This property was previously used as an event/party space and is offered with space for an industrial kitchen. The layout is described as adaptable, supporting restaurant use, catering, or multi-use event programming, and it can also be used to accommodate dining, entertainment, or private gatherings.

The property is marketed as having excellent visibility and accessibility. It is sold AS-IS. The seller indicates it can be purchased individually or as part of a package with an adjacent commercial-zoned corner lot; see MLS #2500003978 for that option.

Key Highlights

  • Previously used as an event/party space with space for an industrial kitchen
  • Adaptable layout for dining, entertainment, or private gatherings
  • Can be used for restaurant, catering hall, retail, office, or event venue concepts

Property Analytics

Current Use

Radio Maria Radio Station

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Restaurant Spa & Massage Center Building Supply

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

Location Intelligence

Trade Area within ½ mile

31
Businesses Nearby
Balanced
Demand for This Use

Demographics for 70563, LA

19,145
Population
8,663
Households
2.2
Avg Household Size
41
Median Age
21%
College-Educated
90%
High-School Grad
62.7 sq mi
ZIP Area
305
Density / Sq Mi
$73,555
Median Household Income
$47,011
Median Earnings
$975
Median Rent
$190,700
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Previously used as an event/party space with space for an industrial kitchen.
Where is this conventional restaurant located?
The property is located at 203 Daspit Rd New Iberia, LA.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Previously used as an event/party space with space for an industrial kitchen; Adaptable layout for dining, entertainment, or private gatherings; Can be used for restaurant, catering hall, retail, office, or event venue concepts
More about this property
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