Property Listing No Longer Available for Sale

1500 Grand Caillou Road, Houma, LA

Retail for Sale - $575,000


Property Info

CIMLS#903538
Location
  1500 Grand Caillou Road
  Houma LA 70363
UpdatedMay 28th, 2017
TypeRetail
Price$575,000

Property Description

This listing has three commercial/retail buildings on 2 tracts totaling 2.49 acres. Building A is vacant while Buildings B & C are leased on a month-to-month basis. A billboard lease brings the total revenue to over $1,650 per month. <br />

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This could be purchased for its improved value or its value as a site as a possible franchise location, convenience store, hotel, dollar store, pharmacy, or medical/professional office. <br />

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Building A - 5,075 SF with office/retail space, shop, office/apartment, and covered work area. Currently vacant.<br />

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Building B - 2,400 SF of office/shop. Currently leased month-to-month.<br />

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Building C - 1,800 SF of office/shop. Currently leased month-to-month.<br />

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Grand Caillou Road (also know as LA Highway 57) is the commercial/retail hub of East Houma. This portion of the road has a 2016 measured traffic count of 23,621 cars per day. It sits at the intersection of Gr. Caillou and Moffet Rds. Moffet Road has a traffic count of over 7,000 cars per day.<br />

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View Full Listing: <a href="http://realestate.oodle.com/j_a2xx_/4237200703-1662u1097,167-0F2BE7D5FDE3/realestate.oodle.com___ODLSLqb20VB5Op1_IVY_G7rEU4uCmE4sJehuJqUVCax2wxZN_pu3m_X4BB6Obos8yz0YiIS0Z6zIuqTAuPYrDnyT1fcrbUa1CbM8jnsT_te25q8a42zz7TnkZvpVGDOAQuJOyOlUzAHEYZd3d-tCmCn1d" rel="nofollow">here</a>


Financials