100 William Stutes, 3 Condo Suites

Retail-Commercial for Sale
Also listed as Office
Catylist Listing ID: 30509856
Property Subtypes: Mixed Use, Street Retail
Condo? Yes
Building Size (RSF): 7,650 SF
Gross Land Area: 0.75 Acres
Sale Price: $841,500
Property Use Type: Net Leased Investment (NNN)
Building Name: 100 William O Stutes
Sale Terms: Cash to Seller, Owner Financing
Cap Rate: 7.6%
Last Updated: 4/6/2020

Overview / Comments

Why lease when you can buy? Owner says bring all offers, Ready to retire.! Beautiful space with other great tenants in the center. The suites have been condo'd off to sell individually for investment or for use of owner occupant in the spaces not under lease. Beautiful landscaping and the space is very visible off one of the busiest streets in town and adjacent to Sam's. Great for owner/user looking for income property or to create equity. Offer includes 3 separate and adjacent condo units of 1650, 1900 and 4100 sq ft. at a great price!

Great investment rental property. Other tenants in the building suites include an award winning music academy of many years, a piano store of decades.

Additional Details

Nearest MSA: Lafayette
County: Lafayette
Submarket/Township: G3
Tax ID/APN: 6109724
Is Condo?: Yes
Property Located Between: Sams and Walmart
Property Visibility: Excellent
Largest Nearby Street: Ambassador Caffery

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,473 74,952 148,663
Median Age: 35.07 34.19 34.16
Households: 4,057 31,256 59,718

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