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Property profile & analytics
OFF-MARKET
Commercial real estate

507 Hwy 20 Hwy Thibodaux, LA 70301

3,760 SF 1 ac lot Built 1953
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Year built 1953
Total area 3,760 SF
Lot 1 ac (43,560 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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