1862 LA-22 - Residential Income FOR SALE


Madisonville, LA 70447
$2,334,707 USD
504-681-3428
1862 LA-22, Madisonville, LA for Sale
$2,334,707 USD
Residential Income - FOR SALE
1/19
null | Request Cap Rate

1862 LA-22
Madisonville, LA 70447


OVERVIEW

Approximately 10 acres on Hwy 22 Madisonville poised to be commercial corridor from Madisonville heading west into Tangipahoa parish combined with Hwy 1085 allowing traffic from the north area of I-12 and Hwy 1077. This area has experienced large residential growth for the last 15 to 20 years creating need for commercial services and businesses in the area. House with 3,503 square feet of living area (Restored in 2024) Covered Porch with 268 square feet Wood Deck with 612 square feet Detached Garage with 484 square feet Storage with 200 square feet This is an approximate 10-acre parcel zoned HC2 in St Tammany Parish. The location and size works well for many commercial businesses. See below for details pertaining to Historic Southern Estate & Event Venue with past history in the area. Historic Southern Estate & Event Venue Property Overview: Steeped in history and timeless charm, this extraordinary 10-acre estate traces its roots back to 1860, when the Peter family established a sugar mill and planted pecans and satsumas on the property. Nearly 130 years later, the original 19th-century home has been lovingly restored in 2024, blending historic character with modern functionality. Historic Features: Original Architecture: Antique Heart of Pine floors milled from the land, soaring 11-foot ceilings, shiplap walls, antique doors, and transoms. Period Details: Fireplaces, clawfoot tubs, and vintage finishes that honor the home’s heritage. Outbuildings: The original barn still stands, offering unique opportunities for events, storage, or conversion. Natural Setting: Mature pecan trees and open acreage create a serene, timeless atmosphere.

FOR SALE DETAILS

PRICE

$2,334,707 USD

PRICE/SF

$666 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Residential Income

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1894

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.94 AC

LAND SF

433,204 SF

ZONING

-

APN/PARCEL ID

7245

ASK ABOUT THIS PROPERTY

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504-681-3428

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Gia FenasciProperty OneMore Info
504-681-3428

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.