Seller Financing
Address
302 W Hwy 22 Highway, Madisonville, LA
Price
$ 875,000
Property Attributes
  • MLS#2320872
  • TypeCommercial
  • ParishSAINT TAMMANY
  • CityMadisonville
  • NeighborhoodNot a Subdivision
  • Zip70447
  • Style
  • Price$ 875,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage5717
Data Source:
Gulf South Real Estate Information Network
Property Description

Income producing Commercial Real Estate in Madisonville! Offering 3 rental buildings currently occupied in the heart of Downtown Madisonville! Turn-key restaurant & sports bar! The 2 rental buildings are occupied by our great tenants! The 3 buildings are 1-Seafood Restaurant & Bar, 2-Seafood Market & Boiled Seafood, 3-Thai Restaurant, Zoned C2, All totaling 5717 sqft, kitchen equipment, boiling station, tractor trailer size walk in cooler, setting on a corner lot, 240ft hwy frontage x 66, city water & sewer! Office w/full bath! Or we can sub-divide/2 buildings for $650k ML2373070 Owner financing 6.5%, no flood insurance requirement by seller!

Price History
11/2/2021 Listed $950,000
8/24/2022 3% - $925,000
2/12/2023 6% - $875,000

General Features

Sewer Public Sewer
Zoning C2
Construction Materials Frame,Wood Siding
Year Built 1999
Tenant Pays All Utilities,Janitorial Service
OwnerPays Insurance,Taxes
Accessibility Accessibility Features
County St. Tammany
Property Type Commercial Sale
Subdivision Name Not a Subdivision
Status Active
Directions Hwy 22 go over Madisonville Bridge pass red light property on right
City Madisonville
Buyer Agent Compensation 2.5
Street Name HWY 22
Year Built Details 22
Property Condition Repairs Cosmetic,Updated/Remodeled,Resale
Days on Market 834
Structure Type Mixed Use,Retail
Standard Status Active
Buyer Agent Compensation Type %
PostalCity Madisonville
Legal Description Municipal address's 302 Hwy 22,304A Hwy 22,304B Hwy 22 Madisonville,La.

Interior Features

Street Suffix Highway
LivingAreaSource Appraiser

Exterior Features

Parking Features Parking Lot
Lot Features City Lot,Rectangular Lot
Water Source Public
Building Area Total 5717
Lot Dimensions 66 x 240

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 70447

Price
AVG $910K
$880K
Visits
AVG 419
1195
Data Provided by Inside Real Estate®
Year Built
AVG 1977
1999
Walkscore
AVG 44
52
Data Provided by Walkscore® not using MLS data