Address
11052 Highway 1078 Highway, Folsom, LA
Price
$ 950,000
Property Attributes
  • MLS#2435496
  • TypeCommercial
  • ParishSAINT TAMMANY
  • CityFolsom
  • NeighborhoodBennett Wds
  • Zip70437
  • Style
  • Price$ 950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1200
  • Lot Size1.85 Acres
Data Source:
Gulf South Real Estate Information Network
Property Description

Gene's Country Store has been a fixture in the Folsom area since 1923. There have only been three owners in the past 65 years. This is a rare opportunity to purchase one of the only commercially zoned businesses in a rural area of the fast-growing western part St. Tammany Parish. The offering features a convenience store with a kitchen, two pumps (total), with gas (non-ethanol) and diesel. It is situated on 1.85 acres and is located south of downtown Folsom. Sale includes land, building, and business, including inventory, equipment, and fixtures. All permits are in place. The convenience store sells groceries, snacks, coffee and assorted drinks. There is a kitchen that serves breakfast and lunch. It includes a tobacco license and a license to sell wine and beer (11% and less alcohol content). It also has a license to sell tobacco. There is a septic system and a drinking water well. The location has been used in two movies, a commercial, and a photoshoot for the New Orleans Saints NFL Saintsations. It is located in an X Flood Zone. The current building was constructed in 1984. It was renovated five years ago with the plumbing and electrical systems replaced, and the interior refinished. The water well and septic systems were updated and inspected by governing authorities.

Price History
2/23/2024 Listed $950,000

General Features

Sewer Septic Tank
Zoning C-2
Construction Materials Wood Siding
Year Built 1984
Stories 1
Levels One
County St. Tammany
Property Type Commercial Sale
Subdivision Name Bennett Wds
Status Active
City Folsom
Buyer Agent Compensation 3
Street Name HIGHWAY 1078
Days on Market 1
Structure Type Mixed Use,Retail
Standard Status Active
Buyer Agent Compensation Type %
PostalCity Folsom
Legal Description 1.85 ACS M/L IN SECS 29 30 5 10 CB 735 524 INST NO 1575389 INST NO 2122573

Interior Features

Street Suffix Highway
LivingAreaSource Measured

Exterior Features

Parking Features Parking Lot
Lot Features 1 to 5 Acres,City Lot,Irregular Lot
Water Source Well
Lot Size Area 1.85
Building Area Total 1200
Lot Dimensions 1.85 ACRES
Lot Size Acres 1.85

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 70437

Price
AVG $720K
$950K
Visits
AVG 232
68
Data Provided by Inside Real Estate®
Year Built
AVG 1989
1984