234 Main St Gramercy, LA 70052
This exceptional 3,000 square foot commercial property, situated at 234 E Main St in Gramercy, Louisiana, presents a unique investment opportunity. Located on a 0.07-acre lot, this storefront boasts a prime location and incredible versatility. Currently configured as a boutique, the space is fully adaptable to a wide range of businesses. A significant advantage is the inclusion of a fully equipped kitchen and appliances, making it perfectly suited for a restaurant or similar food service establishment. Furthermore, the property benefits from a grandfathered-in liquor license, a rare and valuable asset for prospective buyers in the hospitality industry. The asking price for this exceptional property is $225,000. This presents a compelling opportunity to acquire a well-situated commercial space with significant potential for growth and profitability in the thriving Gramercy market. The existing infrastructure and features significantly reduce start-up costs and allow for immediate occupancy and operation. Don't miss this chance to own a piece of Gramercy's vibrant commercial landscape. Serious inquiries only.
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
No recorded transactions found for this property.
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.