Current Use by Public Records
- Office Spaces
Property Details for 5966 Highway 80
- Property type
- Office Spaces
Description
This exceptional investment opportunity presents two commercial concrete buildings situated at 5966 Highway 80 in Rayville, Louisiana. The property boasts a combined total of 2,381 square feet and offers ample parking. Currently generating income, the larger building is occupied by a thriving hair salon, while the smaller building serves as leased warehouse space. Both buildings are included in the sale price of $157,900. This is an ideal acquisition for investors seeking a stable, cash-flowing asset in a convenient location. The property sits on a lot with no acreage listed, making it a manageable and potentially low-maintenance investment. The concrete construction ensures durability and longevity, minimizing potential repair costs. The existing tenants provide immediate rental income, offering a strong return on investment. The high-traffic Highway 80 location ensures excellent visibility and accessibility for both current tenants and future occupants. This turnkey operation requires minimal effort to manage, making it an attractive option for both seasoned and novice investors. The dual-building setup provides diversification within a single property, mitigating risk and maximizing potential rental income streams. Don't miss this chance to acquire a profitable commercial property in a desirable location.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rayville
- County
- RICHLAND
- State
- Louisiana
- Longitude
- -91.8595
- Latitude
- 32.4865
