Property summary
This exceptional 0.9-acre property in Grayson, Louisiana, presents a unique investment opportunity. Located at 5568 Highway 126, the property features a 3,047 square foot building currently operating as a licensed Type 1 daycare center with a capacity for 32 children. This established business has served the community for 35 years, showcasing its strong local presence and potential for continued success. Attached to the daycare is a well-maintained brick house boasting 3 bedrooms and 2 bathrooms. Recent updates include cosmetic renovations, a 3-year-old roof, and a newer air conditioner. The property's flexible zoning allows for diverse uses beyond its current function. The Caldwell Parish Chamber of Commerce has identified an ongoing need for childcare services in the area, making the daycare a viable continued operation. However, the adaptable layout and building design offer significant potential for conversion into various commercial ventures or even a comfortable residence with a home-based business. The asking price for this remarkable property is $299,000. This presents a rare chance to acquire a property with established business potential and significant future possibilities in a thriving community. The property is situated in Caldwell Parish, Louisiana, with a zip code of 71435.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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