120 Banks Avenue, Lafayette, LA 70506 (MLS# 25001599)

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
120 Banks Avenue, Lafayette, LA 70506- MLS# 25001599
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.