604 Arthur Ave, Lake Arthur, LA 70549
This exceptional commercial property, located at 604 Arthur Ave in Lake Arthur, Louisiana, presents a unique investment opportunity. Priced at $70,000, this single-story, 2,772 square foot building sits on a sizable 0.35-acre lot (100' x 145'), offering ample space for various commercial ventures. Built in 1950, the structure boasts a classic design and has served as a Masonic Lodge. The interior features a large open room, ideal for flexible layouts, complemented by a functional kitchen, bathroom, and convenient storage rooms. The property's zoning is commercial, allowing for a wide range of uses. Its prime location near downtown Lake Arthur provides excellent visibility and accessibility. The building's dimensions are 36' x 77', situated on a corner lot, enhancing its prominence. The property's APN is 8110001952. This is a rare opportunity to acquire a well-located, versatile commercial building in a thriving Louisiana community. The property is ready for immediate occupancy and offers significant potential for return on investment. Don't miss this chance to own a piece of Lake Arthur's commercial landscape. The zip code is 70549.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.