203 Pearl St, Minden, LA 71055
For Sale
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This exceptional 5,870 square foot office building presents a unique investment opportunity in Minden, Louisiana. Ideally situated between two thriving commercial corridors, this property boasts high visibility and convenient access. Formerly used as a medical office and home health facility, the building is move-in ready and offers immediate occupancy. The versatile layout includes nine exam rooms, six individual offices, two spacious reception areas, two break rooms or potential lab spaces, three storage rooms, and seven half-baths. An oversized attic provides ample storage, ideal for records or inventory. Two separate entrances and reception areas allow for flexible use, such as leasing one side while utilizing the other for your own business, potentially generating a rapid return on investment. The property's strategic location and adaptable design make it suitable for a wide range of businesses. The 0.62-acre lot offers significant road frontage on Pearl Street and South Monroe Street, extending to two additional lots behind the building on Pine Street. The property also includes approximately 36 feet of parcel 109762, adding to its overall size and potential. This is a rare chance to acquire a well-maintained, versatile commercial property in a desirable location. The asking price is $1,150,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.