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700 St Patrick St
Thibodaux, LA 70301
Asking Price
$680K
Asset Type
Restaurant Retail
Class
Class B
What's Special
700 St Patrick St, Thibodaux, LA 70301 <ul><li>Historic Landmark Identity</li><li>Former Crystal Ice & Cold Storage facility with strong local recognition</li><li>Flexible Two-Story Layout</li><li>Open first floor with second floor expansion potential</li><li>Rooftop Opportunity</li><li>Flat roof structure ideal for terrace or entertainment use</li><li>Redevelopment-Ready Condition</li><li>Allows customization without heavy structural rework</li><li>On-Site Parking Availability</li><li>Supports higher traffic and event-base
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NOI
$80,000
Cap Rate
11.76%
DSCR
1.98
Strong
Cash-on-Cash
19.43%
Monthly Payment
$3,364.269
Annual Cash Flow
$39,628.772
