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    Apartment buildings

    337 Hwy 21 Hwy, Madisonville, LA 70447

    1,732 SF Built 2010
    Property ID
    Property summary
    AI-generated overview

    This exceptional 1,732 square-foot office condo presents a unique opportunity for businesses seeking a sophisticated and well-maintained professional space in Madisonville, Louisiana. Located on Highway 21, this second-floor unit boasts five executive offices, each bathed in natural light. One office offers direct access to a tranquil balcony via glass doors, providing a peaceful workspace retreat. Recently renovated, the property features brand new flooring and paint throughout, enhancing its modern appeal. The roof was completely replaced this month, ensuring long-term protection and peace of mind. Furthermore, the air conditioning system underwent a complete overhaul in 2022, including new return air vents in every room, updated ductwork, and insulation added to the attic access. Beyond the executive offices, the layout includes a welcoming reception area, a comfortable waiting room, a private bathroom for added convenience, and a spacious kitchen, perfect for staff or client use. The condo fee covers comprehensive exterior maintenance and common area upkeep, encompassing services such as pest and termite control, and gutter cleaning, allowing you to focus solely on your business. This turnkey solution offers immediate occupancy and a prestigious address in a highly desirable location.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 2010
    Total area 1,732 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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