5032 PLANK RD, Baton Rouge, LA 70805 (MLS# BR2026006012)

Remarks & Misc

Remarks

EXCELLENT INVESTMENT OPPORTUNITY AT 5032 PLANK RD FEATURING A FREESTANDING COMMERCIAL BUILDING WITH AN ESTABLISHED TENANT IN PLACE. THE CURRENT TENANT OPERATES A USED CAR SALES AND REPAIR BUSINESS AND IS SECURED UNDER A 3-YEAR LEASE AT $2,000 PER MONTH, PROVIDING IMMEDIATE AND STABLE INCOME FOR AN INVESTOR. THE PROPERTY IS WELL-POSITIONED ALONG PLANK ROAD, BENEFITING FROM STRONG VISIBILITY AND STEADY TRAFFIC FLOW, WITH APPROXIMATELY 10,000 TO 13,000 VEHICLES PER DAY IN THE AREA, ENHANCING LONG-TERM BUSINESS VIABILITY. THE BUILDING IS EQUIPPED WITH CENTRAL AIR AND A GAS HEATER, OFFERING FUNCTIONAL AND COMFORTABLE SPACE FOR A VARIETY OF COMMERCIAL USES. ANNUAL PROPERTY TAXES ARE APPROXIMATELY $772.33, AND INSURANCE IS ESTIMATED AT $1,000 PER YEAR, CONTRIBUTING TO LOW OPERATING EXPENSES AND STRONG RETURN POTENTIAL. THIS PROPERTY IS ALSO AVAILABLE AS PART OF A PACKAGE WITH THE ADJACENT CAR WASH AT 5004 PLANK RD, PRESENTING A UNIQUE OPPORTUNITY TO ACQUIRE MULTIPLE INCOME-PRODUCING ASSETS IN A HIGH-TRAFFIC CORRIDOR.

Office/Member/Contract Info

List AOR

GBRAR

Property Type

Business Opportunity

Yes

Retail

Yes

Price Includes

Real Estate

Yes

Parking

On Site

Yes

Road Frontage

Public Street

Yes

Construction

Frame

Yes

Foundation

Slab

Yes

Exterior

None

Yes

Roof

Composition

Yes

Heating

Central

Yes

Cooling

Central Air

Yes

Gas

None

Yes

Electricity

Circuit Breaker

Yes

Financing

Cash

Yes

Property Features