Properties for Sale or Lease
Revitalization of New Iberia’s Downtown Commercial Historic District has surged in recent years with an emphasis on developing the first floor for commercial use and the upper floor for residential living.
Built by John Taylor in 1907 when he moved his drug store from the Masonic Building to this location which was formerly an empty lot. The façade is exactly the same as when the building was constructed except for some changes made in the first floor windows. This Romanesque Commercial Building was listed on the National Register of Historic Places on 1/22/1996 and is located in the Downtown Commercial Historic District/Downtown Development District.
This historic commercial building may qualify for the following financial historic restoration incentives:
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Restoration Tax Abatement (RTA) Property Tax Incentive
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Federal Historic Preservation Tax Incentive 20%
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Historic Preservation State Tax Credits 25%
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Louisiana Main Street Façade Grant—up to $10,000.
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A great opportunity for an investor to get a solid return on his/her investment.
Upper-Floor Residential/ First -Floor Commercial!
For More Information: Contact Bart Broussard—337-364-9882
Click here for Downtown Re-Investment Statistics.
