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    400-408 Broadway St Minden, LA 71055

    For Sale
    $350,000

    High-yield investment opportunity in Minden, LA.

    Property size:
    6,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional commercial property, located at 400-408 Broadway Street in the heart of Downtown Minden, Louisiana, presents a lucrative investment opportunity. The 0.47-acre lot encompasses three buildings totaling 6,000 square feet of versatile space, currently divided into four income-generating units. The property's prime location has historically attracted a diverse range of tenants, including a pregnancy center, clothing boutiques, a home decor store, a law office, a church, a photography studio, and a dance studio, demonstrating its adaptability and appeal to various businesses. This indicates a strong potential for continued rental income and a stable return on investment. The buildings are well-maintained and ready for immediate occupancy, offering a seamless transition for new owners. The property's central location within Downtown Minden ensures high visibility and accessibility, attracting a steady stream of potential customers for any tenant. This is an exceptional chance to acquire a substantial commercial property in a thriving downtown area, offering both immediate income and significant long-term growth potential. The asking price is $350,000. Serious inquiries are encouraged.

    Property Features for 400-408 Broadway St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    6,000 SF
    Lot Size
    20,473 SF

    Building Details

    Year Built
    1960
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Properties & Spaces

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Minden
    County
    Webster
    State
    Louisiana
    Longitude
    -93.28821
    Latitude
    32.6132

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    FAQs

    What type of property is this?
    Office Property / Space - High-yield investment opportunity in Minden, LA.
    Where is this office property / space located?
    The property is located at 400-408 Broadway St Minden, LA.
    What is the asking price?
    The asking price for this property is $350,000.
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    400-408 Broadway St Minden, LA 71055
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    Minden, LA 71055
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    400-408 Broadway St Minden, LA 71055
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