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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

602 Main St Homer, LA 71040

5,309 SF 0.12 ac lot Built 1935
Property ID
Property summary
AI-generated overview

This exceptional 5,309 square foot retail property is located at 602 N Main Street in the heart of historic downtown Homer, Louisiana. Situated on a 0.12-acre lot at the highly visible corner of North and West Main Street, this property boasts brick paved sidewalks, ensuring excellent pedestrian access. Currently operating as a successful antique and gift shop, the space offers a strong existing customer base built from numerous local vendors and consignors. The adaptable layout makes it ideal for a variety of retail businesses or even an event center. The property's prominent location and established clientele present a unique opportunity for a new business to thrive. The building's substantial size provides ample space for inventory, display, and customer interaction. Note that this property is also listed as a combined unit with the adjacent 1,600 square foot restaurant space at 607 W Main Street, marketed as 600 N Main. A lease-purchase option is available for qualified buyers, offering flexibility in acquisition. This is a rare chance to acquire a well-established commercial property in a vibrant downtown setting. The asking price for this prime retail space is $125,000.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1935
Total area 5,309 SF
Lot 0.12 ac (5,227 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
Current use
Occupant on record · Public records
  • KOINONIA COUNSELING SERVICES Family Counselor
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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