2408 Madison AveBastrop, LA 71220

  • Commercial real estate
  • 5,494 SF
For Sale
$199,900 View listing

Property Details for 2408 Madison Ave

Year built
1980
Lot size
2.00 AC
Property size (Sq ft)
5,494 SF
Property type
Commercial real estate
APN
40440350
APU
40440350

Description

This exceptional mixed-use commercial property in Bastrop, LA, offers 6,800 square feet on a 2.14-acre lot with prime highway visibility on Hwy 165, just 9 miles northeast of Sterlington. The building features 2,800 square feet of adaptable retail/restaurant space, complete with a spacious dining area, private meeting room, commercial kitchen, service window, to-go counter, and a convenient covered drive-thru. Two handicapped-accessible restrooms and an IT/storage closet are also included. The remaining 4,000 square feet comprises a warehouse/storage area with a 16-foot center ceiling height and 12-foot eaves. The property boasts a 13-year-old metal roof and two approximately 8-year-old air conditioning units. Beautiful concrete floors, exposed brick, and rough-cut beams add character. A 1000-gallon grease trap is already installed, and the drive-through capability is ideal for various businesses. The expansive lot allows for ample parking or the potential development of additional income-generating features such as storage units, a car wash, or other complementary businesses. The property is being sold "as is." An adjacent 0.62-acre fenced lot is available for purchase separately or as part of the deal. The asking price includes both the building and the land.

Location Insight

City
Bastrop
County
Morehouse
State
Louisiana
Latitude
32.7762
Longitude
-91.9433
CBSA code
33740
CBSA name
MONROE, 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
$2,248
$3,786
$18,344
$22,130
-
$37,858
$122,290
$160,148

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