For Sale
$1,800,000

299 Belle Terre BlvdLaplace, LA 70068

13-Unit Commercial Building, 100% Occupancy

Overview

Added:
Feb 3
Days on market:
61
This exceptional two-story commercial building in Laplace, Louisiana presents a compelling investment opportunity. Situated on a 1.19-acre lot at 299 Belle Terre Blvd, this property offers over 13,000 square feet of space divided into thirteen individual units, all currently leased. The building underwent significant renovations following Hurricane Ida, including a complete roof replacement and extensive cosmetic upgrades throughout. Each unit is in excellent condition. Tenants enjoy ample parking, with at least two dedicated spaces per unit in the fully paved front lot. The property benefits from a highly visible location on Belle Terre Blvd, providing easy access to Airline Highway and Interstates I-10 and I-55, ensuring high traffic volume and excellent exposure for businesses. The current rental income stream is robust, with upstairs units (approximately 1,000 square feet each) renting for $1,000 per month and downstairs units renting at $12 per square foot. The building boasts 100% occupancy, generating a strong cash flow. All common area maintenance is handled by the owner, minimizing management responsibilities. Signage opportunities are available, subject to parish approval. This turnkey operation offers a rare chance to acquire a well-maintained, high-performing commercial property in a prime Laplace location with no immediate capital expenditure needs. The asking price is $1,800,000.

Property Details for 299 Belle Terre Blvd

Property type
Lot Size (sq. ft)
51,836 SF

Location Insight

City
Laplace
County
St John The Baptist
State
Louisiana
Latitude
30.08033
Longitude
-90.50258
299 Belle Terre Blvd, Laplace, Louisiana

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299 Belle Terre Blvd
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