1420 Cooktown RdRuston, LA 71270
- Other commercial real estate
- 2,782 SF
Property Details for 1420 Cooktown Rd
- Year built
- 2016
- Lot size
- 0.94 AC
- Property size (Sq ft)
- 2,782 SF
- Property type
- Other commercial real estate
- APN
- 36289
- APU
- 36289
Description
This exceptional 2,800 square foot restaurant building presents a rare opportunity in Ruston, LA. Ideally situated just 700 feet north of I-20, this high-visibility location boasts significant foot traffic due to its proximity to a thriving new shopping center anchored by Hobby Lobby, Old Navy, and Ulta. The property enjoys a prime position next to a Dairy Queen, ensuring consistent customer flow. Established as a successful restaurant for over two decades, this property underwent a major remodel and expansion in 2016. The current layout includes approximately 1,350 square feet of kitchen and service space, 1,350 square feet of customer dining area, and a 500 square foot outdoor patio, providing ample space for various operations. The 0.94-acre lot offers 37 parking spaces and a convenient drive-thru, all within a well-landscaped concrete parking lot. A 1,000-gallon underground grease trap is already in place. All existing equipment, furniture, and fixtures are included in the asking price of $875,000. This turnkey operation is perfect for a restaurant, but its versatile design and location also make it suitable for office or retail use. Don't miss this chance to acquire a well-established, high-traffic property in a rapidly growing area.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $505,997
- Hospitality
- $463,491
- Educational
- $385,619
- Medical
- $398,881
- Retail
- $599,852
Location Insight
- City
- Ruston
- County
- Lincoln
- State
- Louisiana
- Latitude
- 32.5432
- Longitude
- -92.6526
- CBSA code
- 40820
- CBSA name
- RUSTON, LA MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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