204 Patton St
3,750 SF 100% Leased Office Building Sulphur, LA 70665 $2,430,829 CAD ($648.22 CAD/SF)
INVESTMENT HIGHLIGHTS
- High trafficked area
- Well built building
EXECUTIVE SUMMARY
INVESTORS OPPORTUNITY!!! This Prime Commercial Building on Ruth St, Sulphur LA. Discover an exceptional investment opportunity in the heart of Sulphur, LA! This high-visibility commercial building on Ruth St. offers the perfect location for a retail or service-based businesses. Situated in a high-trafficked area with easy access to and from I-10, this property provides outstanding exposure and accessibility. Currently one side is an active, thriving restaurant producing income via an active lease. The other side is the building owners Barbershop. The Barbershop side is a blank canvas, so you can build out whatever you would like. The Barbershop will not be apart of the lease and will not be staying. Whether you're looking to establish a new business or expand your portfolio, this commercial property on Ruth St. is fantastic opportunity.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,750 SF
Building Class
A
Year Built
2023
Price
$2,430,829 CAD
Price Per SF
$648.22 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,750 SF
Building FAR
0.13
Lot Size
0.65 AC
Zoning
Commercial
AMENITIES
- Food Service
- Restaurant
- Wheelchair Accessible
- Air Conditioning
1 of 3
PROPERTY TAXES
| Parcel Number | 00120340 | Total Assessment | $128,438 CAD |
| Land Assessment | $16,619 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $111,819 CAD | Tax Year | 2024 |
CONTACT
-
Derek Peveto - Derek Peveto
