Historic Buildings in Downtown Arcadia 1826-1838 1st St 11,095 SF Retail Building Arcadia, LA 71001 $150,000 ($13.52/SF)
INVESTMENT HIGHLIGHTS
- This property offers a great redevelopment opportunity for both users and investors.
- Any contents remaining are included with the sale of the real estate.
EXECUTIVE SUMMARY
Located south of I-20 in historic downtown Arcadia, these brick buildings constructed in the 1930's contain approximately 11,095 SF divided among six units. The property previously housed a movie theater and several retail stores and could continue as retail or easily be converted for office usage. Any contents remaining are included with the sale of the real estate.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Building Size
11,095 SF
Building Class
C
Year Built
1930
Price
$150,000
Price Per SF
$13.52
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.69
Lot Size
0.37 AC
Opportunity Zone
Yes
Zoning
C2 - General Commercial
Parking
1.26 Spaces per 1,000 SF Leased
PROPERTY TAXES
| Parcel Number | 01-10002596 | Improvements Assessment | $1,580 |
| Land Assessment | $400 | Total Assessment | $1,980 |
