111 1St St Springhill, LA 71075

Property Details for 111 1St St

Year built

1950

Lot size

1.23 lot acres

Property size

30,000 SF

Property type

Commercial real estate

Description

This exceptional investment opportunity presents a unique chance to acquire a substantial commercial property in Springhill, Louisiana. The property, located at 111 NE 1st Street, comprises a 30,000 square foot complex, originally a hospital, now thoughtfully divided into six separate buildings. This configuration offers significant flexibility for a variety of uses and potential income streams. Currently, several tenants occupy the buildings, generating existing revenue. The property sits on a generous 1.23-acre lot, providing ample space for expansion, parking, or future development. The asking price for this multi-building complex is $450,000. Given its size, existing tenancy, and prime location in Springhill, this property represents a compelling investment prospect with considerable upside potential. The individual buildings offer diverse layouts and sizes, catering to a range of business needs. The property's history as a hospital suggests robust construction and infrastructure, providing a solid foundation for long-term ownership. Serious inquiries are encouraged to explore the full potential of this unique investment opportunity. Detailed financial information and tenant occupancy details are available upon request. This is a rare chance to acquire a substantial commercial property in a growing market at an attractive price point. Don't miss this chance to secure a valuable asset in a desirable location.

Location Insight

City

Springhill

County

Webster

State

Louisiana

Longitude

-93.4602

Latitude

33.0031