For Sale
$42,500

0 Tool DrNew Iberia, LA 70560

Grocery-anchored, high-traffic location

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional retail investment opportunity encompasses a 18.249-acre site in Medina County, featuring seven single-story buildings totaling 4,500 square feet of available space. Constructed in 1958 with renovations completed in 1997, the property boasts a Class B designation and is zoned C-G. The center benefits from a strong grocery store anchor tenant, ensuring consistent foot traffic and a stable tenant base. Ample parking is a key feature, with approximately 780 spaces available for customers and employees. The property's strategic location at the second largest signalized intersection in the county provides unparalleled visibility and accessibility. A signalized entrance further enhances convenience and ease of access. The property's APN is 00318D13048|2. This well-maintained retail center presents a rare opportunity to acquire a significant asset in a thriving commercial area. The existing infrastructure and high-traffic location make it ideal for a variety of retail uses, offering strong potential for both immediate income and long-term appreciation. The property's size and configuration offer flexibility for expansion or redevelopment, catering to the needs of a diverse range of businesses. With its established tenant base and prime location, this property represents a compelling investment opportunity.

Highlights

  • Retail property totaling 18.249 acres in Medina County.
  • Seven single-story buildings totaling approximately 4,500 square feet of available space.
  • Grocery-anchored center with ample parking (approx. 780 spaces).
  • Located at a high-traffic, signalized intersection; second largest in the county.
  • Class B property, built in 1958, renovated in 1997; zoned C-G.

Property Details for 0 Tool Dr

Property type
Land, Industrial properties
Lot Size (sq. ft)
31,799 SF

Location Insight

City
New Iberia
County
Iberia Parish
State
Louisiana
Latitude
29.9729044
Longitude
-91.8297115
Tool Dr, New Iberia, Louisiana

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0 Tool Dr
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