507 Hwy 20 Hwy Thibodaux, LA 70301
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.