Well-Maintained Office
715 Center Street New Iberia, LA 70560
715 Center Street, New Iberia, LA, 70560
$159,000
For Sale
$159,000
COMMERCIAL - New Iberia, LA
Property Size1,520 SF
Lot Size0.30 Acres
Price / SF$104.61
Days on Market176
Property Features for 715 Center Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Commercial
- Exterior features
- Stabilized Yard Base
- Standard status
- Active
- APN
- 0504937000
- Size
- 1,520 SF
- Lot size
- 0.30 Acres
Taxes and HOA fees
- Tax Description
- 1-82/32 X 180 CENTER ST., LOT 7, DELCAMBRE, DELCAMBRE. IMP (715 CENTER STREET) ITEM 1 ACQ: UNITED COMPANIES FINANCIAL CORP.-1992 (1044-552) LAND COMM SITE DEVELOPMENT ITEM 3
Utilities
- Sewer type
- Private Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Roof type
- Metal
Listing Agency
Coldwell Banker Trahan Real Estate Group
(337) 993-1414
325 Settlers Trace Ste 100, Lafayette, LA
Listed by
Tanna Crifasi · License #0995701894
(337) 322-4814
Added: Jan 22 Checked: Jul 17 at 11:06 am
MLS# 2600000217
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 well-maintained office building offers a functional layout intended to support professional services, legal, and administrative operations. The property is configured for general office use and is presented in a maintained condition for an efficient move-in and ongoing day-to-day workflow.
Located at 715 Center Street in New Iberia, LA 70560, the building is positioned near local businesses, government offices, and other amenities. The listing also notes convenient access and visibility for clients and employees traveling to and from the property.
For tenants and buyers seeking a centrally located office property in the Commercial zoning category, this building provides a straightforward option for professional service teams that need an adaptable office setup. Its maintained condition and office-ready configuration make it suitable for continued administrative use, professional practices, or other office-based business functions.
Located at 715 Center Street in New Iberia, LA 70560, the building is positioned near local businesses, government offices, and other amenities. The listing also notes convenient access and visibility for clients and employees traveling to and from the property.
For tenants and buyers seeking a centrally located office property in the Commercial zoning category, this building provides a straightforward option for professional service teams that need an adaptable office setup. Its maintained condition and office-ready configuration make it suitable for continued administrative use, professional practices, or other office-based business functions.
Key Highlights
- Well‑maintained office building with metal roof
- Central heating and central air conditioning
- Public water and private sewer service
Local Financial Insights For Office B
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 | $21.9k | $14.40 |
| − Vacancy | −$4.8k | −$3.17 |
| EGI | $17.1k | $11.23 |
| − OpEx | −$4.3k | −$2.81 |
| NOI | $12.8k | $8.42 |
1,520 SF · lease $14.40/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$182.9K
$160.1K – $213.4K
NOI $12,804 @ 7.0% cap · market cap 8.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$251.4K
$220.0K – $293.3K
NOI $17,598 @ 7.0% cap · market cap 11.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Sugarland Credit
Loan Service
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FAQs
What type of property is this?
Office building - Well-maintained office building with convenient access and a functional layout suited to professional services and administrative uses.
Where is this office building located?
The property is located at 715 Center Street New Iberia, LA.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: Well‑maintained office building with metal roof; Central heating and central air conditioning; Public water and private sewer service
