Property Details for 507 Hwy 20 Hwy

Year built

1953

Lot size

1.00 lot acres

Property size

3,760 SF

Property type

Commercial real estate

Description

This exceptional commercial property, located at 507 Highway 20 in Thibodaux, Louisiana, presents a unique investment opportunity. The property encompasses a combined restaurant and residential space, situated on a one-acre lot with a total building area of 3,760 square feet. The restaurant portion boasts a versatile layout, including a bar, a spacious dining area, a dedicated gaming area, a private party room, and a separate office with its own exterior entrance. This setup offers significant potential for leasing opportunities, allowing for diversified income streams. The residential component provides comfortable living quarters, featuring three bedrooms and two bathrooms. The property benefits from a high-traffic location, with a Dollar General store immediately adjacent and a Go Bears Chevron station directly across the street, ensuring excellent visibility and accessibility. This prime location is also conveniently situated a short drive from the heart of Thibodaux. The property is offered at $449,000. Detailed photographs are available upon request. This is a rare chance to acquire a profitable business and comfortable home in a thriving commercial area. The combination of established restaurant operations and residential living makes this a truly unique and attractive investment. Don't miss this opportunity to own a versatile and income-generating property in a desirable location.

Location Insight

City

Thibodaux

County

Lafourche

State

Louisiana

Longitude

-90.8054

Latitude

29.8762