105 Thomas StHammond, LA 70401
- Other commercial real estate
- 3,185 SF
Property Details for 105 Thomas St
- Year built
- 1943
- Lot size
- 0.06 AC
- Property size (Sq ft)
- 3,185 SF
- Property type
- Other commercial real estate
- APN
- 1543202
- APU
- 1543202
Description
This exceptional commercial property, located at 105 W Thomas Street in the heart of Downtown Hammond, Louisiana, presents a unique investment opportunity. The building boasts a substantial 5,000 square feet of versatile space, ideally suited for a variety of commercial uses. The main level encompasses 3,250 square feet, featuring an open-concept office layout perfect for modern businesses. A large conference room provides ample space for meetings and presentations, complemented by a convenient kitchenette and two well-appointed bathrooms. A 750-square-foot mezzanine adds extra flexibility and potential for expansion or specialized workspace. Upstairs, a separate 1,750-square-foot area comprises three residential apartments: two one-bedroom, one-bathroom units and one two-bedroom, two-bathroom unit, offering additional income potential or the possibility of owner-occupied space. This prime location in Downtown Hammond ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence in a thriving community. The asking price is $1,250,000. The property sits on a lot with no acreage specified. This is a rare opportunity to acquire a substantial commercial building with significant upside potential in a desirable location.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $511,097
- Hospitality
- $468,162
- Educational
- $389,506
- Medical
- $402,901
- Retail
- $605,898
Location Insight
- City
- Hammond
- County
- Tangipahoa
- State
- Louisiana
- Latitude
- 30.5038
- Longitude
- -90.4616
- CBSA code
- 25220
- CBSA name
- HAMMOND, LA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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