53517 Harvest Ln - Office FOR SALE


Loranger, LA 70446
$270,000 USD
985-320-0263
53517 Harvest Ln, Loranger, LA for Sale
$270,000 USD
Office - FOR SALE
1/19
null | Request Cap Rate

53517 Harvest Ln
Loranger, LA 70446


HIGHLIGHTS

  • Flood Zone X
  • Adjoining 1/2 available for 4-5 additional commercial cottage-style buildings
  • Corner of Hwy 40

OVERVIEW

Rare multi-cottage commercial investment opportunity featuring four cottage-style commercial buildings, three of which are currently leased to a donut shop, gun store, and restaurant. The fourth building is vacant and rough-in build out with remodeling started for a future hair salon, creating an excellent opportunity for an owner-occupant or additional rental income. Current rental rates are below market value, offering strong upside potential for investors. An adjoining ½-acre corner lot is also available for purchase and has been cleared and improved with utilities, providing potential for approximately 4–5 additional commercial cottage-style buildings. The existing cottages could potentially be converted to residential use, adding flexibility for future development. Conveniently located at the corner of Highway 40 and Harvest Lane, less than one mile from Loranger High School and about 10 miles from I-55, in Flood Zone X

FOR SALE DETAILS

PRICE

$270,000 USD

PRICE/SF

$68 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

53517 Harvest Ln, Loranger, LA 70446

PROPERTY TYPE

Office

ADD'L SUBTYPES

Drug Store, Restaurant, Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

RC

APN/PARCEL ID

05344905

ASK ABOUT THIS PROPERTY

Sam DiVittorioRealty Executives Florida ParishesMore Info
985-320-0263

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Sam DiVittorioRealty Executives Florida ParishesMore Info
985-320-0263

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