120 Banks Ave, Lafayette, LA 70506

$1,200,000
5
BA
18,204
SqFt

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List Price
$1,200,000
Status
ACTIVE
Days on Market
224
MLS#
2600002319
Subtype
Commercial Sale
Bathrooms
5
Living Area
18,204
Lot Size
52,707
Acres
1.21
Neighborhood
G3
MLS Area Major
G3

Property Description

120 Banks Avenue is more than just a commercial property -- it's a fully integrated business hub with the flexibility to grow, scale, and generate income. Spanning ±18,204 square feet, this facility is designed to support everything under one roof -- from leadership and client-facing operations to manufacturing, storage, and distribution. The property features over 2,000 square feet of professional office space, a 400 square foot boardroom overlooking the production floor, and a 6,000+ square foot climate-controlled manufacturing area equipped with upgraded electrical systems and compressed air. Supporting spaces include a 5,300+ square foot warehouse, a 2,400+ square foot garage/workshop with roll-up access, and a dedicated office within the manufacturing area for on-site management. The space creates options -- operate your entire business in one centralized location, expand into additional space over time, or lease out unused office or warehouse areas to offset expenses and generate income for your business. Four roll-up doors, approximately 350 feet of road frontage, and 3 minutes to I-10 make logistics, visibility, and accessibility seamless. Additional features include a 1,000+ square foot employee area with kitchen, lounge, and storage, five restrooms throughout the building, and 25 striped parking spaces with the ability to expand to approximately 65. Positioned in Flood Zone X and Census Tract 6.02. While not located within a designated Enterprise Zone, businesses may still qualify for Louisiana Enterprise Zone incentives based on job creation and employee eligibility -- buyer to verify. Zoned IL, which supports a wide range of industrial and commercial uses -- making it an ideal fit for owner-users, investors, or businesses looking for a space that can adapt as they grow.

Additional Information

Taxes
$7,000
Zoning
IL
Flooring
Concrete, Other
Heating
Central
Air Conditioning
Central Air
Stories
1
Roof
Metal
Foundation
Slab
Parking Features
Paved, On Site, Parking Lot

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Calculator source: Real Geeks

Listing courtesy of Real Broker, LLC.

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