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1610 Melrose St Pineville, LA 71360

For Sale
$299,000

High-Visibility, Established Tenants, Great ROI

Property size:
4,236 SF

Description

Added:
Feb 3, 2025
Days on Market:
315
This exceptional 4,236 square foot commercial building, situated on a 0.62-acre lot at 1610 Melrose Street in Pineville, Louisiana, presents a compelling investment opportunity. The property boasts a highly desirable location, offering excellent visibility and convenient access to Louisiana College (LCU), a nearby apartment complex, and major commuter routes from Marksville. This strategic positioning ensures high traffic and strong potential for sustained growth. Currently occupied by two long-term commercial tenants, the property generates immediate and consistent rental income. These established tenants have expressed their intention to remain in the building post-sale, providing a stable and predictable cash flow for the new owner. The building itself is well-maintained and ready for immediate occupancy. The substantial size of the lot offers potential for future expansion or development, adding further value to this already attractive investment. This is a rare chance to acquire a turnkey commercial property in a thriving area with established tenants and significant upside potential. The asking price is $299,000. Don't miss this opportunity to secure a stable and profitable commercial investment in a prime Pineville location.

Property Features for 1610 Melrose St

General Information

Property type
Other commercial real estate
Square Feet
4,236 SF
Lot Size
27,007 SF

Building Details

Year Built
1999

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Pipeville Tobacco Stop Tobacco Shop

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Pineville
County
Rapides
State
Louisiana
Longitude
-92.41653
Latitude
31.324

FAQs

What type of property is this?
Commercial real estate - High-Visibility, Established Tenants, Great ROI
Where is this commercial real estate located?
The property is located at 1610 Melrose St Pineville, LA.
What is the asking price?
The asking price for this property is $299,000.
More about this property
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