501 Adams StWelsh, LA 70591

  • Other commercial real estate
  • 2.00 AC
For Sale
$379,000 View listing

Property Details for 501 Adams St

Lot size
2.00 AC
Property type
Other commercial real estate
APN
660363600
APU
660363600

Description

This exceptional 5,000 square foot restaurant in Welsh, Louisiana, presents a lucrative investment or business opportunity. Ideally situated off Interstate 10, with easy access to Lake Charles, Jennings, and Crowley, this property boasts a less-than-two-year-old roof with a transferable warranty and a new split AC system in the dining areas. One dining area can be sectioned off for private events. The building includes two bathrooms, a walk-in cooler and freezer, two storage pantries, upstairs storage and office space, and a recently added drive-through. A concrete parking lot is located at the front and side of the building, with the option to purchase an adjacent lot for expanded parking. The property sits on a 0.86-acre lot (APN: 1660002500) and is priced at $379,000 ($75.80/sq ft). Motivated sellers are eager to find the right buyer. This single-story building offers significant potential for immediate return on investment.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $27,412,490
    Hospitality
    $25,109,692
    Educational
    $20,890,970
    Medical
    $21,609,442
    Retail
    $32,497,064
501 Adams St, Welsh, Louisiana

Location Insight

City
Welsh
County
Jefferson Davis
State
Louisiana
Latitude
30.2426
Longitude
-92.822
CBSA code
27660
CBSA name
JENNINGS, LA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,171
$2,800
$26,250
$29,050
-
$28,000
$175,000
$203,000

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