1415-1417 W MORRIS Avenue

Hammond, LA
  • Property Type: Retail, Shopping Center
  • 11,700 sqft

$2,250,000

Remarks

<p style=color:green> 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.


Details

Listing ID:
NO2554036
Parish
Tangipahoa
Financing
Owner Will Carry
Assessment
06080758
Legal Desc
1.33A TOTAL 0.40A BEING LOT 1 & 0.93A BEING LOT 2 OF SURVEY IN SEC 26 T6SR7E B926 P37 MAP 926/39 928/483 1345/111 1346/78
Parking:
Parking Lot

Interior

Lot Dimensions
83+53+75+63+10/241 x 324/206

Exterior

Construction
Stucco, Metal Siding, Concrete
Lot Size Area
1.33 ac
Features
Handicap Design

Location

Directions
Bounding Streets: Mooney, Natchez, Corbin, W Thomas
Parish
Tangipahoa
Sub Type:
Commercial
Zoning:
MX-C

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