114 Washington StBastrop, LA 71220

For Sale
$115,000 View listing
  • Commercial real estate
  • 4,640 SF

Property Details for 114 Washington St

Year built
1910
Property size (Sq ft)
4,640 SF
Property type
Commercial real estate
APN
200113057
APU
200113057

Description

This exceptional 4,640 square foot commercial property, located at 114 & 116 S Washington Street in Bastrop, Louisiana, presents a unique investment opportunity. Situated on a 0.15-acre lot in the heart of Bastrop's Historic Courthouse Square, this building boasts a rich history as "The Market," a beloved antique boutique for over 30 years. Currently configured as a retail space with eight partitioned rooms and two restrooms, the layout is adaptable for various uses, including office space. The open doorways allow for flexible floor plans, accommodating both retail and office needs. The property is being sold "As Is/Where Is" at its appraised value of $115,000, or $24.78 per square foot. The land value alone is appraised at $766,666.67 per acre. Built in 1910, the building is zoned MS-3 and offers a blend of historic charm and modern adaptability. The existing business and inventory are available for separate purchase, with price negotiable. Showings are by appointment only. Please note that the business is still operational.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $843,887
    Hospitality
    $772,996
    Educational
    $643,123
    Medical
    $665,241
    Retail
    $1,000,414
114 Washington St, Bastrop, Louisiana

Location Insight

City
Bastrop
County
Morehouse
State
Louisiana
Latitude
32.7778
Longitude
-91.9148
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
$699
$790
$4,320
$5,110
-
$7,900
$28,800
$36,700

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