FORMER NIGHTCLUB WITH TONS OF POTENTIAL

2366 Monte Sano Ave, Baton Rouge, LA 70807

$250,000 After Repair Value -
$69,999 Asking Price -
$40,000 Cost of Repairs =
$140,001 Potential Profit

Property Details

Asking Price $69,999

After Repair Value $250,000

Costs of Repairs $40,000

Potential Profit $140,001

Living Area 2485 ft2

Property Type Commercial Property

Bedrooms 0

Bathrooms 0

Half Bathrooms 4

Parking 0

Listed with Agent Yes

EPI (Estimated Potential Income)

Potential Rental Income $30,000

Yearly Expenses $3,000

Property Taxes $800

Net Operating Income N/A

Cap Rate N/A

Property Description

MOTIVATED SELLER, BRING ALL OFFERS. 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.

Repairs Needed

NEW FLOORING, SHEETROCK, UPDATING

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