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120 Banks AVE Lafayette, LA 70506
18,204 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
Square Footage 18,204 sqft
Price per Sqft $65
Subdivision Roy Estates Ii
MLS Listing ID 2600002319
Lot Size 1.210 Acres
Acres 1.21
Property Sub-Type Industrial
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.
Location
State LA
Zoning IL
Interior
Heating Central
Cooling Central Air
Flooring Concrete, Other
Exterior
Exterior Feature Door Sign, Roof Sign
Parking Features Concrete, Limestone/Shell, On Site, Parking Lot
Garage Spaces 65.0
Roof Type Metal
Total Parking Spaces 65
Garage false
Building
Foundation Slab
Sewer Public Sewer
Level or Stories 1
Others
Tax ID 6045923
Acceptable Financing 1031 Exchange, Cash, Conventional, Other
Listing Terms 1031 Exchange, Cash, Conventional, Other
Listed by Real Broker, LLC