705 Bayard St New Iberia, LA 70560-5738

Property Details for 705 Bayard St

Lot size

1.45 lot acres

Property type

Commercial real estate

APN

05 04611010

APU

504611010

Description

This exceptional 25,776 square foot office building, situated on a generous 2.2-acre lot in New Iberia, Louisiana, presents a compelling investment opportunity. Currently vacant, this traditional office building offers significant potential for redevelopment or continued use as office space. Previously utilized as a state-leased facility for health and human resources, the building features numerous small offices and conference rooms, providing a flexible layout adaptable to various needs. The asking price is $650,000, translating to $25.22 per square foot. The property's size and existing infrastructure make it suitable for a variety of uses. Consideration could be given to repurposing the building into residential apartments, capitalizing on the substantial square footage and ample land. Alternatively, the building's layout and climate control capabilities could be leveraged for conversion into a climate-controlled storage facility. Located at 705 Bayard Street, New Iberia, LA 70560, this property offers convenient access within Iberia Parish. This is a rare opportunity to acquire a substantial commercial property in a desirable location with significant upside potential. The building's history as a state-leased facility speaks to its structural integrity and suitability for various commercial applications. Don't miss this chance to secure a prime piece of New Iberia real estate.