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About This Home
This 0-bedroom, 0-bathroom commercial at 53517 HARVEST Lane in Loranger, LA is listed for $270,000 ($68 per sqft). Built in 2008, the home offers 3,946 sqft of living space on a 0.50 acres lot.
Rare multi-cottage commercial investment opportunity featuring four cottage-style commercial buildings, three of which are currently leased to a donut shop, gun store, and restaurant. The fourth building is vacant and rough-in build out with remodeling started for a future hair salon, creating an excellent opportunity for an owner-occupant or additional rental income.
Current rental rates are below market value, offering strong upside potential for investors. An adjoining 1/2-acre corner lot is also available for purchase and has been cleared and improved with utilities, providing potential for approximately 4-5 additional commercial cottage-style buildings.
The existing cottages could potentially be converted to residential use, adding flexibility for future development. Conveniently located at the corner of Highway 40 and Harvest Lane, less than one mile from Loranger High School and about 10 miles from I-55, in Flood Zone X
Key Features
- Built in 2008
- 0.50 acre lot
Property Details
Monthly Cost Estimate
$1,444/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
53517 HARVEST Lane
Loranger, LA 70446
Not a Subdivision
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 53517 HARVEST Lane is listed at $270,000 ($68/sqft). The estimated monthly payment is $1,170 based on 20% down at 6.5% interest.
Key features include: Built in 2008, 0.50 acre lot.
This property is listed by Sam DiVittorio and can be reached at (985) 956-7477 or snd@samdivittorio.com.
