Remarks
INCOME PRODUCING PROPERTY!!!!!!! 222 E Main Street - This BEAUTIFUL building is currently leased as Executive Suites with Common Space and breakroom w/amenities and two separate bathroom. This beautiful and solid building is the old Regions Bank in New Iberia, on the corner of Main St. and Weeks St. Across from The Shadows on the Tech. $250,000 in renovations in 2019. Suite sizes range form 109 sf to 1,100 sf full service! Gross potential income $109,437 with annual expenses $31,649 NOI $77,787 11.52% cap rate. Owner/Agent
Details
- Listing ID:
- 25000232
- Parish
- Iberia
- Area
- I2
- Subdivision
- None
- Financing
- Cash, Conventional
- Assessment
- 0501951000
- Legal Desc
- 1-97 x 172/152 ITEM 1 MAIN ST, SCHWING EST, WEEKS ST, DRAGO IMP. (222 E MAIN ST) ITEM 2
- Bathrooms:
- 2
- Parking:
- Concrete
Interior
- Cooling
- Central Air, Zoned
- Heating
- Central, Electric, Zoned
- Lot Dimensions
- 97x175
Exterior
- Construction
- Block
- Electricity
- 220 Volts
- Price Includes
- Real Estate
- Lot Description
- Level, Corner
- Features
- Employee Lounge, Handicap Design, Smoke Alarm
- Roof
- Rubber
Location
- Directions
- Hwy 182 From Lafayette to New Iberia. Turn Left on Weeks Street. The building will be on the corner of Weeks Street and Main Street.
- Parish
- Iberia
- Sub Type:
- Commercial
- Zoning:
- Commercial