Property Listing No Longer Available for Sale

111 Moss Lane, Houma, LA

Retail for Sale - $1,165,453 - 4,000 Sq. Ft. on 2.5 acres


Property Info

CIMLS#897341
Location
  111 Moss Lane
  Houma LA 70360
UpdatedJanuary 16th, 2017
TypeRetail
Price$1,165,453
Building4,000 Sq. Ft.
Land2.5 acres

Property Description

Fairgrounds OTB (Off-Track Betting) Facility for Sale in Houma! A rare opportunity to own an exclusive property with a long-term lease in place for the current tenant, Churchill Downs. This 4,000 sf facility is home to a thriving gaming operation with multiple video poker machines. The gaming permit is actually grandfathered into this particular location, so the tenant is actually tied to the address as a gaming institution now and in the future. In addition to the OTB tenant, Gator Equipment rents an adjacent lot, which is calculated in this offering. The total amount of land included is 2.5 acres. Call now for more information.

Location Description:

Fairgrounds OTB (Off-Track Betting) Facility for Sale in Houma! A rare opportunity to own an exclusive property with a long-term lease in place for the current tenant, Churchill Downs. This 4,000 sf facility is home to a thriving gaming operation with multiple video poker machines. The gaming permit is actually grandfathered into this particular location, so the tenant is actually tied to the address as a gaming institution now and in the future. In addition to the OTB tenant, Gator Equipment rents an adjacent lot, which is calculated in this offering. The total amount of land included is 2.5 acres. Call now for more information.

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Financials

Sales Info:

>> Commision split: 5.0%