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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

15299 Highway 531 Minden, LA 71055

3,073 SF 1.39 ac lot Built 2017
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2017
Total area 3,073 SF
Lot 1.39 ac (60,548 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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