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801 ST MARY ST
THIBODAUX, LA 70301-6601
Asking Price
$335K
Asset Type
Traditional Office Office
Class
Class B
What's Special
FOR SALE | 801 St. Mary Street | Thibodaux, Louisiana <h3>Property Highlights</h3><ul><li>±2,720 SF commercial building</li><li>Former bank branch facility</li><li>Currently operating as a notary office</li><li>Corner location at St. Mary Street (LA Hwy 1) and Hickory Street</li><li>Approximate 0.42-acre site</li><li>Two existing safes included</li><li>Operational pneumatic drive-thru system</li><li>Covered main entrance</li><li>Drive-thru canopy suitable for covered parking or alternative use</li><li>Additional second-floor storage area
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NOI
$80,000
Cap Rate
23.88%
DSCR
4.02
Strong
Cash-on-Cash
59.81%
Monthly Payment
$1,657.397
Annual Cash Flow
$60,111.233