ID 015fdeed
222 E Main St Executive Suites
For Sale
$695,000$101.61/SF
- Building Size
- 6,840 SF
- Lot Size
- 0.383 ac
- Parish
- Iberia
- Listed
- 01/23/2026
- Updated
- 07/29/2026
- Cap Rate
- 11.08%
Overview
Stabilized office investment offering strong in-place rental rates, 100% occupancy, and an attractive 11.07% cap rate. Located in the heart of downtown New Iberia on Main Street The property is supported by a diversified tenant mix and consistent leasing performance, providing investors with immediate, durable cash flow and limited downside risk. Well-positioned within its market, this asset presents a compelling opportunity for yield-focused buyers seeking stable income with long-term hold potential.
Completely renovated in 2017 and updated in 2026
Private off street parking on the corner of Weeks and Main Street.
NOI includes 5% vacancy rate
100% leased NOI with 5% vacancy rate $76,984 11.08% cap rate
owner agent
Stabilized office investment offering strong in-place rental rates, 100% occupancy, and an attractive 11.07% cap rate. The property is supported by a diversified tenant mix and consistent leasing performance, providing investors with immediate, durable cash flow and limited downside risk. Well-positioned within its market, this asset presents a compelling opportunity for yield-focused buyers seeking stable income with long-term hold potential.
Completely renovated in 2017 and updated in 2026
Private off street parking on the corner of Weeks and Main Street.
NOI includes 5% vacancy rate
100% leased NOI with 5% vacancy rate $76,984 11.08% cap rate
owner agent
Attachments
Additional Information
- City
- New Iberia
- State
- LA
- Zip Code
- 70560
- Secondary Uses
- Executive Suites
- Zoning
- C-2
- Zoning Desc.
- Central Business District
- Gross Income
- $109,404
- NOI
- $76,994
- Total Expenses
- $26,940
- Agent Ownership Interest
- Yes
- Building Name
- 222 E Main Street Executive Suites
- Floors
- 1
- Parking Spaces
- 20
- Tax ID Number
- 0501951000
- Property Use Type
- Investment
- Property Status
- Existing
- Avg. Occupancy
- 100%
- Ceiling Height
- 10'
- Nearest Interstate
- I-49
- Power Provider
- Private - cleco
- Parcel APN
- 0501951000
- Listing ID
- 015fdeed
- City
- New Iberia
- State
- LA
- Zip Code
- 70560
- Secondary Uses
- Executive Suites
- Zoning
- C-2
- Zoning Desc.
- Central Business District
- Gross Income
- $109,404
- NOI
- $76,994
- Total Expenses
- $26,940
- Agent Ownership Interest
- Yes
- Building Name
- 222 E Main Street Executive Suites
- Floors
- 1
- Parking Spaces
- 20
- Tax ID Number
- 0501951000
- Property Use Type
- Investment
- Property Status
- Existing
- Avg. Occupancy
- 100%
- Ceiling Height
- 10'
- Nearest Interstate
- I-49
- Power Provider
- Private - cleco
- Parcel APN
- 0501951000
- Listing ID
- 015fdeed