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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

607 Main St Homer, LA 71040

1,960 SF 0.04 ac lot Built 1935
Property ID
Property summary
AI-generated overview

This exceptional retail property at 607 W Main Street in historic downtown Homer, Louisiana, presents a unique investment opportunity. The 1,960 square foot building boasts excellent visibility at the corner of North and West Main Street, with convenient access for customers. The brick-paved sidewalks enhance the charming atmosphere and encourage foot traffic. Ideally suited for a restaurant or event center, this space offers significant potential. Its strategic location benefits from the proximity to an established antique and gift shop occupying adjacent buildings (600, 602 N Main and 605 W Main), totaling 5,300 square feet, which draws a substantial customer base from local vendors and consignors. This presents a chance to capitalize on an existing clientele and build upon a thriving retail environment. The property sits on a 0.04-acre lot. The asking price is $125,000. A lease-purchase option is also available for qualified buyers. Consider the potential synergy with the four-unit listing at 600 N Main Street for expanded business opportunities. This is a rare chance to establish a business in a vibrant and well-established downtown area. Don't miss this opportunity to own a piece of Homer's rich history and thriving commercial scene.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1935
Total area 1,960 SF
Lot 0.04 ac (1,742 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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