Fix And Flip

BAR WITH ENDLESS POSSIBILITIES

2366 Monte Sano Ave, Baton Rouge, LA 70807

$279,000 After Repair Value -
$45,000 Asking Price -
$12,500 Cost of Repairs =
$221,500 Potential Profit

Property Details

Asking Price $45,000

After Repair Value $279,000

Costs of Repairs $12,500

Potential Profit $221,500

Living Area 2485 ft2

Property Type Commercial Property

Bedrooms 0

Bathrooms 0

Half Bathrooms N/A

Parking 0

Listed with Agent 1

EPI (Estimated Potential Income)

Potential Rental Income $36,000

Yearly Expenses $3,000

Property Taxes $69

Net Operating Income $0

Cap Rate N/A

Property Description

GREAT COMMERCIAL OPPORTUNITY WITH TONS OF POTENTIAL!!! Location, location, location! This 2400+ square foot building has previously served as a nightclub and a restaurant in Baton Rouge. The property is located in close proximity to a major university in an established part of the city. The building on the property includes a DJ booth, a bar, and commercial-grade appliances in the kitchen. Ample parking is located onsite. The property is comprised of two lots totaling 0.795 acres or 34,608 square feet. The property has three driveways giving multiple points of access to the property.

Repairs Needed

IT WAS PREVIOUSLY USED AS A NIGHT CLUB AND HAS BEEN CLOSED FOR A FEW YEARS. NEED SOME MILD MAINTENANCE, FIXTURES, DOORS AND A FEW WINDOWS CHANGED. MAYBE A FEW UPDATES

CONTACT LISTING OWNER

ALVIN CAIN

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