Renovated Commercial
For Sale
$355,000
220 Rees Street, Breaux Bridge, LA 70517
COMMERCIAL - Breaux Bridge, LA
Property Size2,596 SF
Lot Size0.45 Acres
Price / SF$136.75
Days on Market333
Property Features for 220 Rees Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Commercial
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 1, Bathroom 2
Parking
30
Parking features
Off Street
Security features
Security System
Exterior features
Door Sign, Outside Storage, Railroad Spur, Storage Building
Lot features
Level
Directions
I-10 to Exit 109, turn right onto Rees Street, the building is on your left in 1.5 miles.
Subdivision
M1
Standard status
Active
APN
06901k4632
Size
2,596 SF
Lot size
0.45 Acres
Taxes and HOA fees
Tax Description
LEGAL DESCRIPTION: LOT 46.8 X 83 X 45.4 X 85 MCFAUL, MCFAUL, BROUSSARD, REES ST.(BEING PLOT F PLAT #146000) and LOT: 4
Legal Description
LEGAL DESCRIPTION: LOT 46.8 X 83 X 45.4 X 85 MCFAUL, MCFAUL, BROUSSARD, REES ST.(BEING PLOT F PLAT #146000) and LOT: 4
Utilities
Heating system
Electric (Heating), Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Wood
Roof type
Composition
Additional Structures
Storage
Listing Agency:
Keller Williams Realty Acadiana
(337) 735-9300
Listed By:
Nah Senpeng · License #99562982
(337) 349-8869
Added: Sep 24, 2025
Changed: Aug 4
Last Checked: Aug 22 at 6:06PM
MLS# 2500003807
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 2,596-square-foot commercial kitchen and restaurant property includes a renovated kitchen, dining or service areas, two bathrooms, wood flooring, central air, and electric central heating. Equipment includes a six-burner work range, new freezer, and ice cream machine. A separate 720 SQF storage shed expands the available operating and storage area, while off-street parking supports the property’s food-service use.
Located at 220 Rees Street in Breaux Bridge, the property sits on 0.45 acres within St. Martin Parish. Commercial zoning is in place, with public water service, a composition roof, outside storage, and a railroad spur. The site also offers potential for a drive-thru configuration, subject to applicable approvals.
Located at 220 Rees Street in Breaux Bridge, the property sits on 0.45 acres within St. Martin Parish. Commercial zoning is in place, with public water service, a composition roof, outside storage, and a railroad spur. The site also offers potential for a drive-thru configuration, subject to applicable approvals.
Key Highlights
- 2,596 SF commercial kitchen and restaurant property
- Renovated kitchen with six‑burner work range
- New freezer and ice cream machine included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$27,219
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.67%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$544,380
$544.4K
Cap Rate 7%
$388,843
$388.8K
Cap Rate 9%
$302,433
$302.4K
Market Conditions
NOI Build-Up for 2,596 SF
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.
Gross rent
$38.9K $15.00/SF
− Vacancy
−$2.6K −$1.02/SF
EGI
$36.3K $13.98/SF
− OpEx
−$9.1K −$3.49/SF
NOI
$27.2K $10.49/SF
Area
St. Martin County, LA
Vacancy
6.80%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$544,380
Cap Rate 7%
$388,843
Cap Rate 9%
$302,433
Alternative Uses
Best Use
Specialty Retail
$388.8K
$340.2K – $453.7K
NOI $27,219 @ 7.0% cap · market cap 7.67%
Second Best
Industrial
$189.3K
$165.7K – $220.9K
NOI $13,253 @ 7.0% cap · market cap 3.73%
Theoretical Best
Office A
$570.1K
$498.8K – $665.1K
NOI $39,906 @ 7.0% cap · market cap 11.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
546
Businesses Nearby
59k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 38%
Shops & Services 36%
Dining 24%
Home Improvements & Furnishings 1%
Super 1 Foods & Pharmacy
Groceries
22,325 visits/mo
0.4 miles
SONIC Drive In
Dining
14,377 visits/mo
0.4 miles
Dollar General
Shops & Services
7,465 visits/mo
0.1 miles
Family Dollar
Shops & Services
5,071 visits/mo
0.3 miles
Watermill Express
Shops & Services
2,947 visits/mo
0.4 miles
Demographics for 70517, LA
26,434
Population
11,884
Households
2.2
Avg Household Size
39
Median Age
15%
College-Educated
81%
High-School Grad
168.7 sq mi
ZIP Area
157
Density / Sq Mi
$58,342
Median Household Income
$40,119
Median Earnings
$938
Median Rent
$151,600
Median Home Value
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial kitchen - Commercial-zoned food-service property with restaurant space, professional equipment, and dedicated outside storage.
Where is this commercial kitchen located?
The property is located at 220 Rees Street Breaux Bridge, LA.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: 2,596 SF commercial kitchen and restaurant property; Renovated kitchen with six‑burner work range; New freezer and ice cream machine included
