393 Hwy 21 # 500AB Madisonville, LA ^$ 448,000

393 Hwy 21 # 500AB

^$ 448,000

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393 Hwy 21 # 500AB

Madisonville, LA, 70447

^$ 448,000

Studio Baths0.0 Sq 3,166

Monthly Estimate*

^$ 3,129

393 Hwy 21 # 500AB, Madisonville, LA 70447 - Image 1

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393 Hwy 21 # 500AB, Madisonville, LA 70447 - Image 5

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393 Hwy 21 # 500AB, Madisonville, LA 70447 - Image 7

393 Hwy 21 # 500AB, Madisonville, LA 70447 - Image 8

393 Hwy 21 # 500AB, Madisonville, LA 70447 - Image 9

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393 Hwy 21 # 500AB, Madisonville, LA 70447 - Image 11

Studio

Commercial Property for sale in Madisonville, LA

for $448,000. This 3,166 square foot building was built in 2007.

Updated (freshly painted, trim molding, new flooring) former MD office space in business park w/ 3166 sq ft comprised of units A&B, each with separate entrance. Unit A has 2866 sq ft comprised of 5 offices, lobby, reception area, large admin office space, kitchen, 2 bathrooms, conference room and 2 additional rooms offering flexibility. Unit B has 300 sq ft and is currently leased mo to mo w/ long term MD tenant @ $750/month. Close to I-12, dining/shopping, hospital, medical corridor & more. Owner will consider leasing unit A, but prefers to sell.

Commercial Contingent

Price

^$ 448,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Condominium

Year Built

2007

Town/City

Madisonville

County/Region

Saint Tammany

MLS | Web ID

2420326

Features

General

Sewer Public Sewer

Zoning comm

Construction Materials Brick HardiPlank Type Stucco

Year Built 2007

Tenant Pays All Utilities

Stories 1

Levels One

Unit Number 500AB

Property SubType Condominium

Accessibility Accessibility Features

County St. Tammany

New Construction 0

Property Type Commercial Sale

Contingency Backup Offers

Subdivision Name Not a Subdivision

Possible Use Medical/Dental

Total Rooms 0

Status Active Under Contract

Directions exit Causeway to left on I-12 to left on hwy 21 then enter Arbor Walk Bus. Pk. on right turn 1st right to 500

City Madisonville

Buyer Agent Compensation 2.25

Association Name Arbor Walk

Street Name HWY 21

Year Built Details Resale Renovated cosmetic changes of at least 50% total living area - i.e. paint

Property Condition Repairs Cosmetic Resale

Days on Market 173

Structure Type Office

Standard Status Active Under Contract

Buyer Agent Compensation Type %

Exterior

Parking Features Parking Lot

Lot Features Outside City Limits

Water Source Public

Lot Size Area 0

Building Area Total 3166

Lot Size Acres 0

Interior

Full Baths 0

Half Baths 0

Total Bedrooms 0

* Excluded Features

List By

Real Estate Resource Group Llc

Broker

dannyg@rerg.com

Affordability Calculator

$3,129

Per Month

Monthly Principal & Interest: $3,129
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Madisonville, LA

Average List Price ^$752,000

Percent of Sale Price 68%

About Madisonville, LA

1,213 Population

171% Since 2002

^$72,833 Median Income

39.37 Median Age

46% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

476401 Elementary School

475975 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/18/2024	$448,000	-1.97%	Price Down
3/21/2024	$457,000	-1.72%	Price Down
2/6/2024	$465,000	-2.11%	Price Down
10/30/2023	$475,000		Listed Price

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393 Hwy 21 # 500AB, Madisonville, LA, 70447 is a Commercial Property for sale at $448,000 with 3,166 sqft. 393 Hwy 21 # 500AB is a studio with 0.0 baths and was built in 2007. The property's zip code is 70447 which is in Madisonville, LA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the New Orleans Metropolitan Assn. of REALTORS.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the New Orleans Metropolitan Assn. of REALTORS. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/1/2024.

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393 Hwy 21 # 500AB

Commercial Property for sale in Madisonville, LA

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