6,249 Square Foot Multi-Family Space For Sale @ 6914 W Main St

PRIME LOCATION and Great INVESTOR property. Total lot size is 1.08 Acres on West Main St. Multiple sources of income including three rental homes, a billboard, and a business/store. Great income producer with numerous future opportunities.

Highlights include:
• 1.08 Acre total site area
• 6249 SF Total building area
• 3410 SF of gross living
• 203 ft. of frontage on high traffic West Main St
• Zoned Commercial (C2)
• Three SFR rental homes on property
• Business/Store with drive thru access
• $3567 Current monthly income
• Large lot including mature oak tree

Located in Terrebonne Parish, the site is 6 miles to the U.S. Highway 90 Energy Corridor, 1.7 miles to Downtown Houma, and 2 miles to Terrebonne General Medical Center.

This property is to be purchased as a whole with a rarely available over one acre space in the heart of Houma. All utilities are available, including SLECA electric, TPCG gas, and cable internet/TV. There is two annually inspected and maintained sewage treatment plants on the property for the four buildings. All certifications and inspections are up to date and paperwork is captured.

This property is centrally located on the west side of Houma in close proximity (less than 1 mile) to major retailers including Lowes, Target, Walmart, and Best Buy on Martin Luther King Blvd. Also this property is in a key area of high traffic and numerous restaurants less than 1 mile away including Chili’s, La Casa, Outback, and Copeland’s. It is directly backed up to Fairfield Inn & Suites and previously Twin Peaks.

The Houma-Thibodaux MSA consistently has one of the lowest unemployment rates in Louisiana and has an 8 Parish retail draw of almost 450,000 people. It was recently ranked #6 of all nationwide mid-sized MSA’s by Area Development Magazine (May 2013) and was #24 overall out of 380 MSA’s in the U.S. This follows a January 2013 article in Forbes magazine naming Louisiana “America’s New Frontier for Business Opportunity”. In 2014, Houma was ranked as the 2nd Happiest Place to live in the U.S. and Louisiana was ranked #1 in Business Climate by Business Facilities Magazine. That same year, the U.S. Chamber of Commerce named LA the #1 export state, the #1 state in export growth, and the #2 state for income growth per capita. Most recently in 2015, Site Selection Magazine ranked LA #4 in Business Climate, its 6th straight Top 10 ranking. The magazine also awarded LA their Silver Shovel award in 2015 for the 6th consecutive year while ranking our economic development efforts #2 in the nation. Chief Executive Magazine placed LA #7 in its "Best States for Business" in 2015.

For additional information, please contact the listing agent, Jourdan Despot (985) 438-1893.