5542 Main Hwy Saint Martinville, LA 70582-6605
This exceptional 8,578-square-foot commercial property, located at 5542 Main Hwy in Saint Martinville, Louisiana, presents a unique investment opportunity. Built in 1990, this single-story building sits on a 0.68-acre lot and boasts a versatile layout ideal for a variety of businesses. The property features a climate-controlled warehouse with an overhead loading dock, providing ample space for storage and operations. The office space includes five private offices, a convenient kitchen/breakroom, a reception area, and two bathrooms. With 24 parking spaces and additional outdoor concrete storage, this property offers significant functionality. The warehouse area features ceiling heights ranging from 8 to 18 feet. The asking price is $275,000, with a price per square foot of $32.06. The property is currently available and has an APN of 12001A2217. Conveniently located just 10 minutes from Breaux Bridge and 20 minutes from Broussard, this property offers easy access to major transportation routes. Annual expenses total $2,371.
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
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.