For Sale
$30,000

4833 Main StCollinston, LA 71229

7,817 SF Vacant C-Store, $30K

Overview

Added:
Dec 11, 2024
Days on market:
114
This 7,817-square-foot vacant convenience store, located at 4833 Main St, Collinston, LA 71229, presents a compelling value-add investment opportunity. Situated on a 1.2-acre lot within the Monroe, LA MSA, this single-story, 1978-built building underwent renovations in 2011. Currently vacant, the property boasts existing coolers and shelving, ideal for a variety of retail uses. The asking price is $30,000, translating to $3.84 per square foot. The property is zoned CMU and features a fee simple ownership. A pro-forma NOI of $8,500 projects a strong 28.33% cap rate. Seller financing is available with a $1,000 down payment and monthly payments. The property's land value is estimated at $0.50 to $100 per square foot. This is a rare chance to acquire a substantial retail space at an exceptionally low price point, offering significant potential for return on investment. The property is ready for immediate occupancy. The APN is 220455-1955781.

Highlights

  • 7,817 SF vacant convenience store on 1.2-acre lot in Collinston, LA.
  • $30,000 asking price ($3.84/SF).
  • Seller financing available: $1,000 down, $250/month until $50,000 paid, or cash purchase.
  • Existing coolers and shelving; ready for immediate occupancy.
  • Zoned CMU; fee simple ownership.

Property Details for 4833 Main St

Property type
Retail properties, Grocery and convenience stores
Square Feet
7,817 SF
Class
C
Year Built/Renovated
1978/2011
Buildings
1
Stories
1
Lot Size (sq. ft)
52,272 SF
Units
1

Location Insight

City
Collinston
County
Morehouse Parish
State
Louisiana
Latitude
32.6951472
Longitude
-91.8712556
4833 Main St, Collinston, Louisiana

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
4833 Main St
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message