15299 Highway 531 Minden, LA 71055
This exceptional 3,073 square foot retail property, situated on a 1.39-acre lot at 15299 Hwy 531 in Minden, Louisiana, presents a unique investment opportunity. Currently operating as the successful Latte Kaffe restaurant, this custom-built, two-story building offers a turnkey solution for a discerning buyer. Latte Kaffe boasts a diverse menu including specialty coffees, breakfast, lunch, dinner, and desserts, even featuring crawfish! Its prime location, just 1.4 miles from I-20, ensures high visibility and significant daily traffic from commuters. The building itself is constructed to superior specifications, exceeding typical commercial standards. Underground conduit eliminates unsightly above-ground electrical poles, preserving the aesthetic appeal. A robust sewer system is in place to accommodate large crowds, and the use of H-beams further distinguishes this building's quality construction. The property's versatility allows for continued operation as a restaurant or seamless conversion into another retail business. Priced at $2,100,000, this property offers a compelling blend of established success and future potential in a thriving community. The building's superior construction and prime location make it an exceptional investment opportunity.
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
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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.