304 Benedette St Rayville, LA 71269
This exceptional mixed-use property at 304 Benedette Street in Rayville, Louisiana presents a compelling investment opportunity. Spanning 2,595 square feet, this building boasts a rich history as the former home of The Richland Journal, a testament to its enduring presence in the community. Strategically situated in downtown Rayville, the property enjoys a highly visible location between the Richland Parish Courthouse and Highway 80, ensuring excellent accessibility and high foot traffic. The building currently comprises three separate office spaces, offering flexibility for a variety of uses. The asking price is $85,000. This represents a rare chance to acquire a piece of Rayville's history and capitalize on its prime downtown location. The property sits on a lot with no acreage listed, making it ideal for a variety of commercial ventures. Given its central location and historical significance, this property is well-suited for a range of businesses seeking a prominent presence in the heart of Rayville. Serious inquiries are encouraged to explore the potential of this unique investment opportunity. The property is ready for a new chapter, and the possibilities are numerous. Contact us to schedule a viewing and discover the potential of 304 Benedette Street.
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
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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.