224 Main StGramercy, LA 70052

  • Commercial real estate
  • 0.07 AC
For Sale
$225,000 View listing

Property Details for 224 Main St

Year built
1800
Lot size
0.07 AC
Property type
Commercial real estate
APN
100065900
APU
100065900

Description

This 1,502 square foot commercial property, situated on Main Street in Gramercy, Louisiana, presents a fantastic opportunity for a variety of businesses. The building, which sits on a 0.07-acre lot, underwent a complete renovation in 2017. Its recent history includes use as both a convenience store and a photography studio, demonstrating its adaptability to diverse commercial needs. The interior layout features an open showroom area, ideal for showcasing products or creating a spacious work environment. A dedicated office provides a private space for administrative tasks or client meetings. Additional features include a convenient storage closet and a half-bathroom. For added storage capacity, a separate storage shed is located at the rear of the property. The property's prime Main Street location offers excellent visibility and accessibility, making it an attractive option for entrepreneurs seeking a well-maintained and versatile commercial space. The asking price is $225,000. This is a turn-key opportunity ready for immediate occupancy.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $511,015
    Hospitality
    $468,087
    Educational
    $389,443
    Medical
    $402,836
    Retail
    $605,800

Location Insight

City
Gramercy
County
Saint James
State
Louisiana
Latitude
30.0477
Longitude
-90.6886
CBSA code
35380
CBSA name
NEW ORLEANS-METAIRIE-KENNER, LA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,254
$1,200
$10,175
$11,375
-
$12,000
$67,835
$79,835

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