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Tenant-Occupied Income Property
For Sale
$460,000

1312-1318 W Thomas Street, Hammond, LA 70401

Income-producing specialty commercial building with existing tenant generating monthly rental income.

Property Size4,725 SF
Days on Market155

Property Features for 1312-1318 W Thomas Street

General Information

Standard status Active
Size 4,725 SF
Property subtype Commercial
Zoning COM

Building Details

Building Size 4,725 SF
Year Built 1964
Listing Agency: Keller Williams Realty Services
Listed By: Will Frederick · License #912124137
Source: Nolalivingrealty
Added: Mar 11 Changed: Aug 8 Last Checked: Aug 11 at 1:13PM

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 Keller Williams Realty Services

Investment Insights

Based on property information with market context.

This tenant-occupied income-producing commercial building is offered for sale as a specialty property. The building is currently generating $4,000 per month in rental income and provides immediate cash flow for an investor looking for an occupied asset.

The property is located just off W. Thomas St in Hammond, with convenience to major thoroughfares, local businesses, and Southeastern Louisiana University.

The offering includes the 1312–1318 W Thomas Street address, providing a straightforward, income-focused configuration with an in-place tenant.

Key Highlights

  • 1964‑built income‑producing specialty commercial building just off W. Thomas St in Hammond
  • Tenant occupied and generating $4,000/month in rental income
  • Existing tenant provides immediate cash flow for investors

Property Analytics

Current Use

Specialty properties

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Parking Lot & Garage Veterinary Clinic Kitchen & Bath Showroom Tanning Salon Daycare Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

813
Businesses Nearby

Demographics for 70401, LA

21,014
Population
10,321
Households
2
Avg Household Size
32
Median Age
35%
College-Educated
88%
High-School Grad
34.7 sq mi
ZIP Area
606
Density / Sq Mi
$50,995
Median Household Income
$31,405
Median Earnings
$977
Median Rent
$226,800
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Specialty property - Income-producing specialty commercial building with existing tenant generating monthly rental income.
Where is this specialty property located?
The property is located at 1312-1318 W Thomas Street Hammond, LA.
What is the asking price?
The asking price for this property is $460,000.
What are key features of this property?
This property features: 1964‑built income‑producing specialty commercial building just off W. Thomas St in Hammond; Tenant occupied and generating $4,000/month in rental income; Existing tenant provides immediate cash flow for investors
More about this property
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