416-418 Mississippi St - Hospitality FOR SALE


Donaldsonville, LA 70346
$3,300,000 USD
225-938-3148
416-418 Mississippi St, Donaldsonville, LA for Sale
$3,300,000 USD
Hospitality - FOR SALE
1/10
null | Request Cap Rate

416-418 Mississippi St
Donaldsonville, LA 70346


HIGHLIGHTS

  • Great Turn-Key Investment Opportunity!

OVERVIEW

Now available for sale, 416-420 Mississippi St is a fully operational mixed-use property consisting of two buildings with multiple income streams. The property includes The Inn on the River (a 16-room hotel), Gaston’s BBQ & Beer restaurant, The Columns on the River event hall, and four 1-bedroom apartments. All four business components are actively generating revenue with established sales and contracts. All furniture, fixtures, and equipment (FF&E) are included in the sale. Financials are available upon request. This corner property is strategically positioned near existing and upcoming large industrial developments, with nearby amenities including Grapevine Café & Gallery, Crescent Park, Ascension Parish Library, and NOËL Family Distillery. ** The linked Sale Brochure includes floor plans, information on the in-place businesses, area economic drivers, zoning, and more.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$122 USD /SF

# OF ROOMS

16

PRICE/ROOM

$206,250 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Inn On The River

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1911

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.87 AC

LAND SF

37,897 SF

ZONING

C2

APN/PARCEL ID

00758-800

ASK ABOUT THIS PROPERTY

Lindsay RedheadElifin RealtyMore Info
225-938-3148

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Lindsay RedheadElifin RealtyMore Info
225-938-3148

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