423 Martin Luther King Dr Cullen, LA 71055
- Commercial real estate
- 1,200 SF
- 0.20 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 423 Martin Luther King Dr
- Year built
- 1990
- Lot size
- 0.20 lot acres
- Property size
- 1,200 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 423 Martin Luther King Drive in Cullen, Louisiana, presents a unique investment opportunity. Situated at the intersection of Martin Luther King Drive and Henrietta White Blvd. in downtown Cullen, this high-traffic location boasts excellent visibility and accessibility. The 1,200 square foot building, constructed of cinder block and brick with a durable metal roof, was previously operated as a successful drive-thru liquor store. The property includes a convenient covered drive-thru window, a full bathroom, a substantial walk-in cooler, ample shelving, and several freestanding coolers, all ready for immediate use. The building sits on a 0.2-acre lot, providing ample space for potential expansion or outdoor improvements. The property's history as a thriving liquor store offers a proven business model, and its prime location ensures continued success for future ventures. The seller may consider owner financing with a 25% down payment, making this an attractive option for qualified buyers. The asking price is $69,900. This is a rare opportunity to acquire a well-established commercial property in a desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cullen
- County
- Webster
- State
- Louisiana
- Longitude
- -93.2833
- Latitude
- 32.6093
