Established Resturant
Retail-Commercial
for Sale
Sale Pending
Also listed as Industrial
Catylist Listing ID: |
30852925 |
Property Subtypes: |
Restaurant
|
Status: |
Pending |
Building Size (RSF): |
2,130 SF
|
Gross Building Area: |
See Agent |
Sale Price: |
$379,000 |
Unit Price: |
$177.93 PSF |
Property Use Type: |
Investment, Business |
Sale Terms: |
Cash to Seller, Other |
Cap Rate: |
Undisclosed |
Last Updated: |
9/28/2023 |
Overview / Comments
This Property is located in the middle of Ascension Parish Industrial Plants and Businesses. The Burners/Grill and Fryers are all gas. It is currently the only restaurant in the area. It is grandfathered in. It can remain a restaurant. if it closes then it will go to industrial. The restaurant is extremely successful. The hours of operation is M-F 7-130. You can increase revenue and profits if it was open longer to catch the full morning traffic and the later crowds too. The current restaurant in the past did well with catering and plant deliveries. The road traffic is high and it is very local traffic and has great repeat business. P&I will be supplied in inspections period.
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Additional Details
Nearest MSA: |
Baton Rouge |
County: |
Ascension |
Submarket/Township: |
92 |
Taxing Authority: |
Ascension Parish Tax Accessor Office |
Tax ID/APN: |
20008383 |
Demographic Statistics
Proximity: |
3 miles |
5 miles |
Total Population: |
5,665 |
22,189 |
Median Age: |
31.78 |
34.96 |
Households: |
1,859 |
6,541 |
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