12282 Highway 431 - Storefront Retail/Office FOR SALE


Saint Amant, LA 70774
$1,400,000 USD
504-259-7945
12282 Highway 431, Saint Amant, LA for Sale
$1,400,000 USD
Storefront Retail/Office - FOR SALE
1/10
null | Request Cap Rate

12282 Highway 431
Saint Amant, LA 70774


OVERVIEW

This well-established furniture and appliance business in a prime Saint Amant location offers a fantastic opportunity for growth. Situated in a X flood zone on 2 acres with a daily traffic count of 12,000 vehicles, it has a very strong community presence. The property is located less than .5 miles from Saint Amant High School and right across from the upcoming Saint Amant Community Center which is currently under construction. The building, approximately 50 years old with 22,372 sq. ft. GBA, features an 8-year-old metal roof and ample space for two businesses. The primary retail area spans 12,764 sq. ft. with a 462 sq. ft. office, while the second section measures 8,197 sq. ft. and includes a 12' roll-up warehouse door. Both areas are centrally heated and cooled. Outside, a spacious paved concrete parking lot provides ample parking and additional income through a partnership with Derksen, a portable building manufacturer. The business is available for purchase at $300,000 and can be leased back from the owner, or you can opt for a total purchase with flexible owner financing options. If choosing to purchase both the building and the business, the owner offers financing at $1,400,000 with $300,000 down, $6,500 monthly payments, and a balloon payment in 10 years. Don't miss this prime opportunity to own a thriving business in a rapidly developing area!

FOR SALE DETAILS

PRICE

$1,400,000 USD

PRICE/SF

$64 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.07 AC

LAND SF

90,169 SF

ZONING

Commercial

APN/PARCEL ID

07998-400

ASK ABOUT THIS PROPERTY

Eric HernandezNola Living RealtyMore Info
504-259-7945

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Eric HernandezNola Living RealtyMore Info
504-259-7945

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