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🏢 Just listed — Mixed-use for sale in PRAIRIEVILLE, LA.

📍 17200 AIRLINE HWY, PRAIRIEVILLE, LA
🏷  Mixed-use · For Sale
💰 $1.45M

<p>Second generation restaurant for sale;</p><p></p><p><span style="color: rgba(55, 65, 81, 1)">Free standing building on Airline Hwy in Prairieville. </span></p><p></p><p><span style="color: rgba(55, 65, 81, 1)">Good building conditions with excellent visibility from Airline Hwy

Full financials, photos, and broker contact:
https://commrty.com/property/louisiana/prairieville/17200-airline-hwy-prairieville-la-70769-2464524-for-sale?utm_source=linkedin&utm_medium=share&utm_campaign=pdp&utm_content=17200-airline-hwy-prairieville-la-70769-2464524

#PRAIRIEVILLE #Mixeduse #CommercialRealEstate #CRE #Investment

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Home/LA/PRAIRIEVILLE

17200 AIRLINE HWY

PRAIRIEVILLE, LA 70769

Asking Price

$1.45M

Asset Type

Mixed-use

Class

Class B

What's Special

Second generation restaurant for sale;Free standing building on Airline Hwy in Prairieville. Good building conditions with excellent visibility from Airline Hwy. Good for a seafood restaurant or sushi restaurant. Next to McDonald's and across the street of

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Purchase Price ($)

Down Payment (%)Interest Rate (%)

Amortization (years)Annual Gross Income ($)Annual Expenses ($)

NOI

$80,000

Cap Rate

5.52%

DSCR

0.93

Underwater

Cash-on-Cash

-1.40%

Monthly Payment

$7,173.809

Annual Cash Flow

$-6,085.706

Location & Travel Times

Similar Properties Nearby

📍

$1.40M

Class B

16338 Airline Highway, Prairieville, LA 70769

Listed by Owner · For Sale