5408 Highway 527 Haughton, LA 71037

Property Details for 5408 Highway 527

Year built

2003

Lot size

2.03 lot acres

Property size

2,150 SF

Property type

Retail properties

Description

This exceptional 2,150 square foot retail property, situated on a 2.03-acre lot at 5408 Highway 527 in Haughton, Louisiana, presents a unique investment opportunity. Located at a high-traffic intersection, this property is ideally suited for a restaurant, benefiting from its proximity to the Lake Bistineau community and the absence of competing restaurants within a considerable radius. The building is already equipped for food service, featuring a 1,000-gallon grease trap, a fully functional kitchen, and a dedicated office space. Security cameras are installed for enhanced safety and peace of mind. The open floor plan and expansive parking lot offer significant adaptability for various commercial uses. Detailed financial records from the previous restaurant operation are available upon request, providing valuable insights into the property's potential. Significant infrastructure investments are already in place, including a 2,000 GPD extended aeration Delta septic system and a 1,000-gallon grease trap tank, estimated at a $40,000 value. The building boasts robust construction, utilizing full-span 14-inch steel beams and 10-foot metal studs. Underground power and efficient climate control are ensured with 5-ton and 3-ton AC units. Importantly, the property lies outside the 500-year flood zone, mitigating flood risk. This turnkey operation offers immediate potential for a new business venture or a savvy investment. The asking price is $158,000.