1415-1417 W MORRIS AVE, Hammond, LA 70403
1415-1417 W MORRIS AVE, Hammond, LA 70403
1415-1417 W MORRIS AVE, Hammond, LA 70403
1415-1417 W MORRIS AVE, Hammond, LA 70403
1415-1417 W MORRIS AVE, Hammond, LA 70403
1415-1417 W MORRIS AVE, Hammond, LA 70403
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$ 2,250,000
Est. payment | /mo

11,700 SqFt


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$ 2,250,000
Est. payment | /mo
Save

11,700 SqFt

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 11,700 sqft

Price per Sqft $192

Subdivision Not A Subdivision

MLS Listing ID 2554036

HOA Y/N No

Year Built 2001

Lot Size 1.330 Acres

Acres 1.33

Property Description



Initial offering of a LARGE, INCOME-PRODUCING, EXCEPTIONALLY WELL-MAINTAINED STRIP CENTER facing highway 190 (which runs directly through the middle of DOWNTOWN HAMMOND) complete with 2 OUTBUILDINGS. ANCHORED by a host of STABLE, LONG-TERM tenants/businesses. The middle 2 bays only recently became vacant due to health-related reasons, and were occupied by a single net tenant since 2001 until last month. RENTS are ALL AT OR BELOW MARKET, so there is a SIGNIFICANT VALUE-ADD OPPORTUNITY on a MAJOR COMMERCIAL CORRIDOR. Each unit has bathrooms and RELIABLE NET LEASE TENANTS that pay ON TIME AND IN FULL. Flood zone x. ~40 parking spaces in lot.

Location

State LA

County Tangipahoa

Zoning MX-C

Interior

Fireplace No

Exterior

Parking Features Parking Lot

Water Access Desc Public

Accessibility Accessibility Features

Building

Lot Description City Lot, Oversized Lot

Dwelling Type Other,Retail

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Others

Tax ID 06080758

Acceptable Financing Owner May Carry

Listing Terms Owner May Carry

Special Listing Condition None

Nearby Locations

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1415-1417 W MORRIS AVE