1009 Carnation St Slidell, LA 70460

This exceptional Slidell, Louisiana office building at 1009 Carnation St presents a compelling investment opportunity. Boasting a 10% cap rate and a substantial net operating income (NOI) of $36,012, this property offers significant return potential. The 3,900 square foot building, constructed in 1985 and extensively renovated in 2022, is situated on a 0.39-acre lot and zoned A-4. The single-story structure features seven individual office suites, a shared common area hallway, and two restrooms. Suite A, measuring 765 square feet, includes three smaller offices, a waiting area, and a kitchenette. Suites B through G each offer 450 square feet of space with distinct, pre-existing floor plans. Two suites are currently available for lease, providing immediate income potential. The asking price is $360,000, translating to a price per square foot of $92.31. This property is an ideal investment for both owner-occupancy and rental income generation, offering a strong return on investment in a desirable location. The property's recent renovation ensures modern amenities and functionality, minimizing future capital expenditures. This is a rare opportunity to acquire a well-maintained, high-performing commercial property in a thriving market.