Back to Search

Commercial Property in Gonzales, LA

407 E Ascension St, Gonzales, LA 70737

View on Map

For Sale

$169,900

Commercial property for sale in the heart of Gonzales, Louisiana.

Property size:

1,205 SF

Lot size:

0.14 Acres

Price / SF:

$140/SF

HighLights

Zoned C‑1, offering a wide range of commercial possibilities like office, retail, or medical.
Located in the heart of Gonzales, LA.
Flood Zone "X" - No Flood Insurance Required.
Walking distance to the new train depot coming to Ascension.
Includes two storage sheds (10x16 wood, 10x13 metal).
Approximate 1,205 sqft cottage‑style building on a 50' x 120' lot.

We can help!

Listing Contact

Tracy Himel

For Sale

$169,900

Commercial property for sale in the heart of Gonzales, Louisiana.

Property size:

1,205 SF

Lot size:

0.14 Acres

Price / SF:

$140/SF

Added:: Feb 3, 2024
Days on Market:: 862
Last Refresh:: Jan 20 at 9:46 am

Property Features for 407 E Ascension St

General Information

Standard status: Active
Size: 1,205 SF
Lot size: 0.14 Acres

We can help!

Listing Contact

Tracy Himel

Listing agent Tracy Himel License #995683278

Listing office Scot Himel

Listing date Feb 3, 2024

Source Exprealty

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Scot Himel

HighLights

Zoned C‑1, offering a wide range of commercial possibilities like office, retail, or medical.
Located in the heart of Gonzales, LA.
Flood Zone "X" - No Flood Insurance Required.
Walking distance to the new train depot coming to Ascension.
Includes two storage sheds (10x16 wood, 10x13 metal).
Approximate 1,205 sqft cottage‑style building on a 50' x 120' lot.

Overview

This commercial property is located in the heart of Gonzales, Louisiana. Zoned C-1, the property is situated on a 50' x 120' lot and features an approximate 1,205 sqft cottage-style building, currently operating as a gift and antique shop. The property also includes a 10x16 wood storage shed and a 10x13 metal storage shed. Located in Flood Zone "X", no flood insurance is required. The zoning allows for a variety of uses, including office, boutique, retail sales, group living, social service, and medical. The property will be within walking distance of the new train depot coming to Ascension.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$21.7k	$18.00
− Vacancy	−$4.8k	−$3.96
EGI	$16.9k	$14.04
− OpEx	−$4.2k	−$3.51
NOI	$12.7k	$10.53

1,205 SF · lease $18.00/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use

Office B

$181.3K

$158.6K – $211.5K (±1% cap)

NOI $12,689 @ 7.0% cap · market cap 7.47%

Second Best

Retail

$162.7K

$142.3K – $189.8K (±1% cap)

NOI $11,387 @ 7.0% cap · market cap 6.70%

Theoretical Best

Office A

$264.4K

$231.4K – $308.5K (±1% cap)

NOI $18,509 @ 7.0% cap · market cap 10.89%

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

Property Profile Location Intelligence

Current Use by Public Records

Cole's Collectibles (Bike/Boat/Book/etc) Store

Suggested Use

Location Insight

Map
Local Demand

City: Gonzales
County: Ascension
State: Louisiana
Longitude: -90.9174
Latitude: 30.2381

Nearby Similar for Sale

$1,735,000

7,287 SF

Gonzales Office Building For Sale

Office building with excess land near Airline Hwy for sale.

1022 S Purpera Ave, Gonzales, LA 70737

View Details
$2,151,403

13,472 SF

Industrial Buildings on Stabilized Land

Industrial buildings on 10.27 acres of stabilized land.

39417 Babin Rd Gonzales, LA 70737

View Details
$650,000

10,000 SF

Office/Warehouse Facility with Yard

10,000 SF office/warehouse on 1 acre in Gonzales.

41107 Don Lou Drive, Gonzales, LA 70737

View Details
$1,088,505

6,758 SF

Advance Auto Parts Investment

NNN leased investment property with a corporate guarantee.

12516 Highway 44, Gonzales, LA 70737

View Details
$360,000

5,000 SF

Gonzales Commercial Property Package

Four rental units across three properties in Gonzales, Louisiana.

13238 Depen St, Gonzales, LA 70737

View Details
$875,000

5,139 SF

Office Space in Ascension Parish

5,139 SF office space for sale in Gonzales, Louisiana.

12320 North Burnside Avenue, Gonzales, LA, 70737

View Details
$599,000

2,437 SF

Class A Office in Gonzales

Prime office space in Conway Community, Gonzales, Louisiana.

430 Conway Village Blvd, Gonzales, LA 70737

View Details
$494,500

3,000 SF

Office Space in Purpera Park

Office space for lease in Purpera Office Park.

1201 S Purpera Ave, Gonzales, LA

View Details
$494,500

2,300 SF

Garden Office Building For Sale

Well-maintained 2,300 SF office building in professional office park.

1201 S Purpera Ave, Suites 601 & 602, Gonzales, LA 70737

View Details
$4,000

Office/Warehouse Flex Suites

Two office/warehouse suites with strong Hwy 74 visibility, 3-phase power, and overhead crane access.

12523 Coontrap Rd, Gonzales, LA 70737

View Details
$775,000

2,011 SF

Freestanding Restaurant with Patio

Turn-key restaurant with patio on Highway 44 in Gonzales, LA.

40529 Sycamore Ave, Gonzales, LA 70737

View Details
$1,699,999

24-Site Mobile Home Community

Mobile home park in Gonzales, Louisiana with expansion potential.

43083 Weber City Rd, Gonzales, LA 70737

View Details

For sale
Retail space
LA
Gonzales
70737
407 E Ascension St

What type of property is this?

Retail space - Commercial property for sale in the heart of Gonzales, Louisiana.

Where is this retail space located?

The property is located at 407 E Ascension St Gonzales, LA.

What is the asking price?

The asking price for this property is $169,900.

What are key features of this property?

This property features: Zoned C‑1, offering a wide range of commercial possibilities like office, retail, or medical.; Located in the heart of Gonzales, LA.; Flood Zone "X" - No Flood Insurance Required.