816 University Pky - Loft/Creative Space FOR SALE


Natchitoches, LA 71457
$1,200,000 USD
318-443-6614
816 University Pky, Natchitoches, LA for Sale
$1,200,000 USD
Loft/Creative Space - FOR SALE
1/46
null | Request Cap Rate

816 University Pky
Natchitoches, LA 71457


HIGHLIGHTS

  • 15,000± SF two-story office building on 1.05± acres directly across from Northwestern State University
  • Tenant in place — income producing from day one
  • 40 private offices, 3 conference rooms, and 6 accessible restrooms

OVERVIEW

Rare opportunity to acquire a substantial, income-producing office building in the heart of Natchitoches, Louisiana, positioned directly across from Northwestern State University on high-traffic University Parkway. The property consists of approximately 15,000 square feet situated on 1.05± acres. The first floor offers 12,000± SF of professional office space, with an additional 3,000± SF on the second floor providing further office and storage capacity. Both floors are served by an elevator. The building is fully improved and move-in ready for professional office use, with 40 private offices, three conference rooms, a full kitchen, reception and waiting areas, and six accessible restrooms. Concrete parking wraps the front, rear, and side of the building, providing ample staff and visitor access — a meaningful advantage in a university-adjacent corridor where parking is at a premium. A current tenant is in place, making this an attractive option for an investor seeking existing cash flow, an owner-user looking to occupy a portion of the building, or a buyer targeting the professional services, medical, education, or institutional demand generated by NSU and the surrounding Natchitoches market. Offered at $1,200,000. Property is sold subject to the existing tenant lease. Contact the listing agent for showings.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$80 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

15,000± SF Office Building Across from Northw

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

1.06 AC

LAND SF

46,242 SF

ZONING

-

APN/PARCEL ID

0011008800B

ASK ABOUT THIS PROPERTY

Barbara BonnetteBonnette AuctionsMore Info
318-443-6614

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Barbara BonnetteBonnette AuctionsMore Info
318-443-6614

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