115 6th Avenue

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115 6th Avenue

Oberlin, LA 70655
Asking Price
$80K
Asset Type
Storefront Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail storefront spanning 2,611 square feet of total space
  • Strategically located in the municipal seat of Oberlin
  • Asset available for acquisition at a price of $80,000
  • Property features a versatile interior layout for various tenants
  • Site offers potential for diverse retail and service-based businesses

What's Special

Oberlin serves as the seat of Allen Parish, functioning as a primary commercial hub within this region of Louisiana. The local economy benefits from its position along major regional transit routes, providing steady access to surrounding agricultural and industrial communities. This retail storefront at 115 6th Avenue encompasses 2,611 square feet of space. The property provides a functional layout suitable for a wide variety of commercial operations, ranging from local retail boutiques to professional service offices. Given the open floor plan and street-level access, the storefront accommodates businesses requiring high visibility and consistent foot traffic. Investors and business owners looking for an established foothold in an accessible parish center may find this asset aligns with their operational goals. The location supports diverse service-based businesses, retail ventures, or specialized showrooms seeking a central position within the municipal footprint.

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NOI
$80,000
Cap Rate
100.00%
DSCR
16.84
Strong
Cash-on-Cash
313.54%
Monthly Payment
$395.796
Annual Cash Flow
$75,250.444

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