Historic O'Neal Building

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30295471
Property Subtypes: Mixed Use, Restaurant
Building Size (RSF): 8,000 SF
Gross Building Area: See Agent
Sale Price: $425,000
Unit Price: $53.13 PSF
Property Use Type: Investment, Business
Building Name: O'Neal Building
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: Undisclosed
Last Updated: 1/10/2019

Overview / Comments

Nestled in the heart of Downtown Houma. The O’Neal Building enjoys prime location next to popular restaurants and the historic Courthouse Square. Historically used as Houma's Clerk of court building, the two-story building offers cash flow opportunities for the potential investor. The O’Neal building currently has sustainable cash flow with tenants consisting of a successful coffee shop along with other commercial tenants with plenty of room for growth. This building can easily be maintained within its current format while the beautiful and original floor plans (within the upstairs portion) have greater residential possibilities. The potential investor may enjoy the history embodied in this property while opening a new chapter creating history as well. The O’Neal building, with the right vision, offers an array of possibilities can be yours today!

Additional Details

Nearest MSA: Houma-Thibodaux
County: Terrebonne
Taxing Authority: Terrebonne Parish
Tax ID/APN: R03C-23665
Zoning: C-1
Retail Clientele: Family, Business, Tourist
Property Visibility: Excellent
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Average
Roof Type: Flat
Construction/Siding: Brick
Parking Type: Surface
Parking Description: 12 spots
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 14,453 44,252 70,883
Median Age: 38.62 36.16 35.16
Households: 5,888 17,142 26,383

Contact

Photograph of Listing Agent

Edward Fakier

Metairie, LA
LACDB Member
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