4307 S Lewis St, New Iberia, LA 70560

Commercial property for lease

• Description
• Busy Convenience Store and Deli/Restaurant located at the Port of Iberia. This is the only gas station and food service for some miles and very popular with workers at the port. Does a great in store Deli and drink business. The port is a bit slower than in years past but activity at the Port is picking up rapidly. Examples are Dynamic Industries expecting to grow to 450 employees this year. Chart Energy is working two LNG projects staffing 350 employees this year. Crosby Construction, Redguard, Bayou Companies are all seeing increased work. There are over 100 firms at the port and growing. All of those workers go by this location with most frequenting this store for lunch, gas, cigarettes, drinks, lottery, and alcohol.Owners are retiring and currently in the process of slowing down operations which would be sad for workers at the port as this is their only convenient option in the area. Property is in good shape with up to date equipment and all up to code. Deli license, liquor license including on site consumption inside and outside. 3 underground tanks. 10,000 gal, 8000 gal, and 6000 gal diesel. Current hours of operation are 5 AM to 1 PM with large lunch rush, but owners are trying to cut back. Not open Sundays. Pumps are open for use after hours. Includes huge amount of kitchen equipment, coolers, freezers, walk-in cooler and freezer, recent $10,000 dishwasher, emergency power generator capable of handling everything on site. Property is 1.7 acres with over 40,000 sq ft of concrete parking and drive. Appraisal 7 years ago gave value of $1.3 million with a similar reproduction cost. We do not have accurate recent financials and with much growth at the port coming we would expect a new buyer will blow away recent sales.For exciting news about the Port growth see www.portofiberia.com Building price details: $800,000.
• Contact info
• David D Kellenberger

  NAI/Latter & Blum Commmercial Lafayette
• Note

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