120 Banks Avenue, Lafayette, LA 70506
$1,600,000
Property Type:
Comm Bldg Sale/Lease
Baths:
5
Square Footage:
18,204
Lot Size (sq. ft.):
52,708
Status:
Active
Current Price:
$1,600,000
List Date:
2/20/2025
Last Modified:
5/27/2025
Description
Step into 120 Banks Avenue, this 18,204 sqft commercial space strategically positioned in the heart of Lafayette, LA. This isn't your average warehouse. It's a thoughtfully designed space that blends functionality with comfort, offering an exceptional environment for businesses looking to expand or establish a powerful presence. Just minutes from I-10, your business gains instant access to major transportation arteries for streamlined distribution and connectivity. With 350 feet of road frontage, your brand will command attention and visibility. Step inside, you'll discover a world of possibilities. Over 2,000 sqft of professional office space, ready to impress clients and inspire your team. 400 sqft dedicated boardroom overlooking the expansive manufacturing floor. The heart of this property is undoubtedly the 6,000+ sqft climate-controlled manufacturing floor powered by upgraded electrical systems and supported by readily available compressed air. Four convenient roll-up doors ensures effortless movement of goods, while a dedicated office within the manufacturing area allows for seamless on-site management. A dedicated 1,000+ sqft employee area features a kitchen, lounge, and storage, providing a comfortable space for breaks and rejuvenation. 5 restrooms ensure convenience and efficiency for your entire team. Beyond the main manufacturing area, a 5,300+ sqft warehouse stands ready to handle your storage and distribution needs. Plus, a 2,400+ sqft garage/workshop, complete with roll-up doors. Ample parking, with 25 striped spaces and the potential to expand to 65, ensures that employees and visitors always have a convenient place to park. Located in Flood Zone X, Census Tract 6.02, and within an Enterprise Zone, this property comes with the potential for significant tax advantages and incentives. The IL (UDC) zoning provides a flexible framework for a wide range of businesses. It's a place where location, functionality, and opportunity converge.
Supplements: ********
More Information MLS# 25001599
Listing Info
Status: Active
Listing Date: 2025-02-17
For Sale: Yes
For Lease: No
Listing Price: 1600000
Current Price: $1,600,000
List Price/SqFt: 87.89
Date Available: 2025-05-01
Location Tax Legal Info
Street Number: 120
Street Name: Banks
St Suffix: Avenue
Parish: Lafayette
State: LA
Zip Code: 70506
Subdivision: Roy Estates II
Area: G3
Tax Assessment Number: 6045923
Zone: IL
Directions: From I-10 Head southeast on Exit 100, Turn right onto US-167, Turn left onto US-90 E, Turn right onto Banks Ave. Building will be on your right.
General Property Description
Lot Dimensions: 350x153
Acres: 1.21
SqFt - Retail: 2000
SqFt - Office: 2000
SqFt - Warehouse: 14204
SqFt - Living: 18204
SqFt - Source: Approximate
Stories: 1
# Offices: 5
Total Baths: 5
# Overhead Doors: 4
Mineral Rights: Conveyed
# Parking Spaces: 65
Approximate Age: 21+ Years
Acreage Range: 1 - 2.99
Property Features
Property Type: Industrial
Location: Industrial Park
Road Frontage: Paved; Public Street
Features: Employee Lounge; Fire Sprinklers; Handicap Design
Exterior: Door Sign; Fully Fenced; OH Door < 10 Ft; Roof Sign
Heating: Central
Cooling: Central Air
Gas: Available; On Property
Electricity: 200+ Amps; 3 Phase
Construction: Metal Siding
Roof: Metal
Flooring: Concrete
Documents: Floor Plan; Site Plan
Lot Description: Level
Parking: Concrete; Limestone/Shell
Foundation: Slab
Financing: 1031 Exchange; Cash; Conventional; Other
Price Includes: Real Estate
Security Features: Security System; Smoke Alarm
Documents List: Flood Determination Disclosure; Floor Plan; Plat Map; Site Plan
Listing Office: Keaty Real Estate Team
Last Updated: May - 27 - 2025
The data relating to real estate for sale or lease on this website comes in part from the IDX program of the REALTOR® Association of Acadiana MLS. The IDX information is provided exclusively for consumers’ personal, non-commericial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.