Two-Space Storefront
For Sale
$209,000
820 Main Street, Franklin, LA 70538
Commercial Sale, Franklin, LA
Property Size2,000 SF
Lot Size0.40 Acres
Price / SF$104.50
Days on Market32
Property Features for 820 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
Historical Dist
Bathrooms
2
Full bathrooms
2
Rooms
Bathroom 2, Bathroom 1
Parking
20
Parking features
On Street, Parking Lot
Lot features
Level, Rolling Slope
Directions
From Hwy 90E take Northwest Blvd exit, left on Northwest Blvd, follow until you get to Main St, take a right, property will be on your left approximately 1.6 miles.
Standard status
Active
APN
2264701087.00 / 2264701086.00
Size
2,000 SF
Lot size
0.40 Acres
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Description
LOT TRACT ABCDEFA PER MAP 8Z 91867 BD CAPRITO - TECHE DR - KIHNEL - MAIN ST ACQ 22W 184372
Tax Annual Amount
180
Legal Description
LOT TRACT ABCDEFA PER MAP 8Z 91867 BD CAPRITO - TECHE DR - KIHNEL - MAIN ST ACQ 22W 184372
Utilities
Utilities
Natural Gas Available
Sewer type
Public Sewer
Heating system
Natural Gas, Central
Cooling system
Central Air
Water source
Public
Building Details
Floors in Building
1
Flooring type
Tile, Vinyl
Building materials
Block, Concrete
Roof type
Metal
Buildings
2
Listing Agency:
Compass · ERA Real Estate
(337) 233-9700
Listed By:
Allen Dugas · License #0995701718
(337) 356-1943
Added: Sep 23
Changed: Oct 23
Last Checked: Oct 24 at 8:06PM
MLS# 2600008949
Copyright © 2026 ROAM MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 2,000-square-foot storefront in Franklin is arranged as two 1,000-square-foot spaces. Each has its own electric meter, HVAC unit, and restroom. The block-built structure has updated plumbing and a pitched metal roof. One space is occupied by a hair salon; the other is vacant. Some office furnishings may remain in the unoccupied area. The property also includes a storage building and a gravel parking area.
Zoned Historical District, the site is near Bayou Teche and has Main Street frontage. Public water and sewer serve the property, and natural gas is available.
Zoned Historical District, the site is near Bayou Teche and has Main Street frontage. Public water and sewer serve the property, and natural gas is available.
Key Highlights
- 2,000‑square‑foot building divided into two 1,000‑square‑foot spaces
- Each space has a separate electric meter, HVAC unit, and restroom
- One space is occupied by a hair salon; the other is vacant
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,635
Cap Rate
7.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$292,700
$292.7K
Cap Rate 7%
$209,071
$209.1K
Cap Rate 9%
$162,611
$162.6K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$22.8K $11.40/SF
− Vacancy
−$1.9K −$0.95/SF
EGI
$20.9K $10.45/SF
− OpEx
−$6.3K −$3.14/SF
NOI
$14.6K $7.32/SF
Area
St. Mary County, LA
Vacancy
8.30%
Lease Rate
$11.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$292,700
Cap Rate 7%
$209,071
Cap Rate 9%
$162,611
Alternative Uses
Best Use
Retail
$209.1K
$182.9K – $243.9K
NOI $14,635 @ 7.0% cap · market cap 7.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$341.2K
$298.6K – $398.1K
NOI $23,887 @ 7.0% cap · market cap 11.43%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
346
Businesses Nearby
16k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 35%
Dining 32%
Electronics 16%
Beauty & Spa 16%
SUBWAY
Dining
2,914 visits/mo
0.5 miles
Cricket Wireless Authorized Retailer
Electronics
2,654 visits/mo
0.5 miles
Merle Norman Cosmetic Studio
Beauty & Spa
2,615 visits/mo
0.1 miles
Shell
Shops & Services
2,530 visits/mo
0.3 miles
Domino's Pizza
Dining
2,374 visits/mo
0.5 miles
Demographics for 70538, LA
12,604
Population
6,428
Households
2
Avg Household Size
42
Median Age
14%
College-Educated
85%
High-School Grad
229.9 sq mi
ZIP Area
55
Density / Sq Mi
$55,662
Median Household Income
$36,436
Median Earnings
$860
Median Rent
$109,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Pat's Florist — 519 Park Ave, Franklin, LA 70538
- Meme's Franklin Flower Shop — 309 Main St, Franklin, LA 70538
Frequently Asked Questions
What type of property is this?
Storefront property - Separate building systems and restrooms support independent operation of the two commercial spaces.
Where is this storefront property located?
The property is located at 820 Main Street Franklin, LA.
What is the asking price?
The asking price for this property is $209,000.
What are key features of this property?
This property features: 2,000‑square‑foot building divided into two 1,000‑square‑foot spaces; Each space has a separate electric meter, HVAC unit, and restroom; One space is occupied by a hair salon; the other is vacant
