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Property profile

Highway 110 Merryville, LA 70653

OFF-MARKET
Commercial real estate
2,063 SF 0.54 ac lot
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Property summary

AI-generated overview

This exceptional 2,063 square foot commercial property, located at Highway 110 Unit 957 in Merryville, Louisiana, presents a unique investment opportunity. Situated on a 0.54-acre lot, this building boasts a rich history, originally serving as an oil shop before undergoing a recent transformation into a stylish boutique. The interior features two spacious main rooms, perfect for retail display or flexible workspace, complemented by two bathrooms for convenience. Two large roll-up doors provide easy access for loading and unloading, catering to a variety of business needs. Adding to the property's appeal is a substantial metal storage building located at the rear, offering ample space for inventory or equipment. The property enjoys a highly desirable location in downtown Merryville, next to a well-established restaurant and City Hall, ensuring high visibility and foot traffic. This turnkey operation is ready for immediate occupancy, offering a blend of character and modern functionality. The asking price is $94,900. This presents a rare chance to own a thriving business space in a vibrant community. The property's strategic location and versatile layout make it suitable for a wide range of commercial ventures. Don't miss this opportunity to secure a prime piece of Merryville real estate.

Property profile

Verified
Property type Commercial real estate
Total area 2,063 SF
Lot 0.54 ac (23,522 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Highway 110 Merryville, LA 70653
Merryville metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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