1862 LA-22 - Residential Income FOR SALE


Madisonville, LA 70447
$695,000 USD
985-674-1197
1862 LA-22, Madisonville, LA for Sale
$695,000 USD
Residential Income - FOR SALE
1/19
null | Request Cap Rate

1862 LA-22
Madisonville, LA 70447


OVERVIEW

Approximately 1.75 acres zoned HC-2 commercial with building restored in 2024. Building can serve as office, retail, restaurant, urgent care or other commercial use. Located just east of Hwy 1085 on Hwy 22 allowing traffic from the north area of I-12 and Hwy 1077 flowing to Hwy 22. This area has experienced large residential growth for the last 15 to 20 years creating need for commercial services and businesses in the area. This parcel to be subdivided from larger parcel pending approval by St Tammany Government. This building is also for sale and approximate 8-acre parcel zoned HC2 in St Tammany also for sale next to above 1.75 acres. The location and size works well for many commercial businesses.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$198 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

B

YEAR BUILT

1894

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.94 AC

LAND SF

432,986 SF

ZONING

-

APN/PARCEL ID

7245

ASK ABOUT THIS PROPERTY

Michael D'AmicoProperty One, Inc.More Info
985-674-1197

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Michael D'AmicoProperty One, Inc.More Info
985-674-1197

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