14075 Hwy 190 Hwy Hammond, LA 70401

Property Details for 14075 Hwy 190 Hwy

Year built

1993

Lot size

1.39 lot acres

Property size

4,600 SF

Property type

Commercial real estate

Description

This exceptional 4,600 square foot commercial property, situated on a 1.39-acre lot at the highly visible intersection of I-55 and Highway 190 in Hammond, Louisiana, presents a lucrative investment opportunity. Currently operating as a thriving multi-faceted business, the property includes a used car sales lot, a mechanic shop, a tire store, propane sales, and storage units. This established enterprise boasts a long-term tenant with a locked-in lease, providing immediate and consistent income. The property is offered for sale at $2,000,000. The sale includes the option of a lease-back agreement with the current tenant, allowing for continued revenue generation. Alternatively, the opportunity exists to purchase the entire business operation. The property's prime location at a major highway intersection ensures high visibility and significant traffic flow, maximizing potential for continued success and growth. The diverse range of businesses currently operating on the site offers a robust and resilient income stream, making this a compelling investment for discerning buyers seeking a stable and profitable venture. The substantial lot size provides ample space for expansion or future development. This is a rare opportunity to acquire a well-established, high-income-generating commercial property in a prime location.

Location Insight

City

Hammond

County

Tangipahoa

State

Louisiana

Longitude

-90.5012

Latitude

30.5051