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Property profile & analytics
FOR SALE
Commercial real estate

224 E Main St Gramercy, LA 70052

0.07 ac lot Built 1800
Individually Owned Absentee Owner Free & Clear
Property ID
US36-2099193
Property summary
AI-generated overview

This 1,502 square foot commercial property, situated on Main Street in Gramercy, Louisiana, presents a fantastic opportunity for a variety of businesses. The building, which sits on a 0.07-acre lot, underwent a complete renovation in 2017. Its recent history includes use as both a convenience store and a photography studio, demonstrating its adaptability to diverse commercial needs. The interior layout features an open showroom area, ideal for showcasing products or creating a spacious work environment. A dedicated office provides a private space for administrative tasks or client meetings. Additional features include a convenient storage closet and a half-bathroom. For added storage capacity, a separate storage shed is located at the rear of the property. The property's prime Main Street location offers excellent visibility and accessibility, making it an attractive option for entrepreneurs seeking a well-maintained and versatile commercial space. The asking price is $225,000. This is a turn-key opportunity ready for immediate occupancy.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1800
Lot 0.07 ac (3,180 SF)
APN 100065900
UPID US36-2099193
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Lauri L. Photography Photography Service (Bike/Boat/Book/etc) Store
  • Yaba Inc. Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
LAURI R JOHNSON
LAURI R JOHNSON
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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