1517 W Thomas St, Hammond, LA 70401

15,260 SF 0.98 ac lot Built 1972

Entity Owned Absentee Owner Free & Clear

Property ID

US36-0848488

$1,075,000 15,260 SF

1517 W Thomas St, Hammond, LA 70401
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This exceptional 15,260-square-foot retail property, located at 1517 W Thomas St in Hammond, LA, presents a compelling investment opportunity. Situated on a 0.98-acre lot with 50+ parking spaces, this Class C building boasts a prominent location along Highway 190, offering high visibility and convenient access to I-12 and I-55. Built in 1972, the single-story structure features three units with multiple entrances and a rear roll-up door, allowing for flexibility in tenant occupancy or subdivision. The property benefits from municipal sewer and water, three-phase power (3 * 200 Amps), and central HVAC. Its zoning (B-2) permits a variety of uses. The large lot (130 ft frontage, 326 ft depth) is located in Flood Zone X. Previously occupied for nearly 15 years by a successful consignment store, this property is a recognizable landmark in the community, close to downtown Hammond and Southeastern Louisiana University. The asking price is $1,350,000 ($88.47/sq ft).