400-408 Broadway St Minden, LA 71055
This exceptional commercial property, located at 400-408 Broadway Street in the heart of Downtown Minden, Louisiana, presents a lucrative investment opportunity. The 0.47-acre lot encompasses three buildings totaling 6,000 square feet of versatile space, currently divided into four income-generating units. The property's prime location has historically attracted a diverse range of tenants, including a pregnancy center, clothing boutiques, a home decor store, a law office, a church, a photography studio, and a dance studio, demonstrating its adaptability and appeal to various businesses. This indicates a strong potential for continued rental income and a stable return on investment. The buildings are well-maintained and ready for immediate occupancy, offering a seamless transition for new owners. The property's central location within Downtown Minden ensures high visibility and accessibility, attracting a steady stream of potential customers for any tenant. This is an exceptional chance to acquire a substantial commercial property in a thriving downtown area, offering both immediate income and significant long-term growth potential. The asking price is $350,000. Serious inquiries are encouraged.
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
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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.