305 4Th St Independence, LA 70443
- Commercial real estate
- 2,240 SF
Current Use by Public Records
- Dance Revelations Academy / Dance School
Property Details for 305 4Th St
- Year built
- 1930
- Property size
- 2,240 SF
- Property type
- Commercial real estate
Description
This exceptional 2,240 square foot commercial building presents a unique investment opportunity in Independence, Louisiana. Located at 305 W 4th Street (also known as Martin Luther King Street), the property boasts a flexible layout ideal for a variety of uses. The main commercial space, spanning 1400 square feet, is perfect for office, medical, retail, or wellness-related businesses. Imagine establishing your dream practice, boutique, or fitness studio in this vibrant location. Adding to the income potential is an attached 840 square foot apartment featuring two rooms and a full bathroom, currently generating rental income. Further enhancing the property's utility is a 448 square foot storage room complete with washer and dryer hookups and a large sink area, providing ample space for inventory or equipment. Outside, a substantial 24 x 41 foot detached storage building offers additional storage capacity. The seller is open to considering financing options with acceptable terms, making this an even more attractive proposition. This property offers a blend of commercial and residential income streams, presenting a compelling opportunity for savvy investors seeking a versatile and profitable investment in a thriving community. Don't miss this chance to own a multi-faceted property with significant upside potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Independence
- County
- Tangipahoa
- State
- Louisiana
- Longitude
- -90.502
- Latitude
- 30.6355
