155 Pne St Ponchatoula, LA 70454-3308
This exceptional commercial property in the heart of Ponchatoula, Louisiana presents a unique investment opportunity. The building boasts 4,500 square feet situated on a 0.12-acre lot, offering a blend of retail and residential space. The ground floor encompasses 2,200 square feet of open, street-facing retail space, ideal for a variety of businesses. This area benefits from excellent visibility and accessibility, with both front and rear access points. The rear access provides convenient off-street parking for customers and employees. In addition to the expansive retail space, the ground floor also includes several versatile rooms of varying sizes, perfect for offices, storage, or additional retail displays. Upstairs, four apartments provide a significant additional income stream. This mixed-use property offers a rare combination of high-traffic retail location and lucrative rental income potential. The property's size and layout provide flexibility for a wide range of business ventures, making it an attractive investment for both established businesses and entrepreneurs. The strategic location in downtown Ponchatoula ensures high visibility and easy access for customers. Don't miss this chance to acquire a substantial and versatile commercial property in a thriving Louisiana community. The asking price is $950,000.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
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Risks
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