602 Main St Homer, LA 71040
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.
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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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