200 3rd St Leesville, LA 71446-4310
The National Hotel, a three-story landmark located at 200 S 3rd St, Leesville, LA 71446, presents a unique investment opportunity. This historically significant building, formerly known as the Old Eissman building, boasts stunning architecture and is listed on the Historic Registry. Currently offered at $629,900, the property presents a blank canvas for a creative entrepreneur. Its prime location in Vernon Parish offers significant potential for redevelopment. The building's substantial size and character provide the foundation for a variety of exciting projects. Imagine transforming this iconic hotel into luxurious lofts, modern apartments, or a revitalized hospitality establishment. The possibilities are endless, allowing for the creation of a unique and profitable venture that honors the building's rich history while embracing contemporary design and functionality. The property's three-story structure and prominent location on 3rd Street offer exceptional visibility and accessibility. This is a rare chance to acquire a piece of Louisiana history and shape its future. The property's historical significance and prime location in Leesville, Louisiana, make it an attractive investment for those seeking a high-impact project with significant potential for return.
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Vernon Council On Aging, Inc. Charitable Organization Social Service Agency
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.