1604 MAGNOLIA Street Alexandria, LA $ 495,000
1604 MAGNOLIA Street
$ 495,000
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1604 MAGNOLIA Street

Alexandria, LA, 71301
$ 495,000
Bedrooms-- Baths-- Sq 4,482

Monthly Estimate*

$ 3,419

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Commercial Property for sale in Alexandria, LA

for $495,000. This 4,482 square foot building was built in 1945 on a lot size of 0.55.

**Unique Commercial Opportunity – Former Funeral Home** This Opportunity offering a substantial and versatile commercial footprint. The property was previously utilized for funeral and memorial services and features a layout designed to accommodate gathering, administrative, service, and operational areas. The building offers **spacious interior rooms with multiple areas that may be suitable for chapels, viewing rooms, reception or gathering spaces, private offices, conference areas, storage, and other business functions**. The existing configuration provides an opportunity for a new owner to continue a similar use or reposition the property for an alternative commercial purpose, subject to applicable zoning and governmental approvals. The property’s **large rooms and flexible floor plan** may lend themselves to a variety of potential uses, including a funeral or memorial facility, church or religious organization, community center, professional offices, event or meeting facility, educational use, or other specialty commercial operation. Currently **vacant and ready for a new owner**, this property presents an opportunity for an owner-user, investor, or organization looking for a distinctive building with substantial space and redevelopment potential. The owner is offering this as a potential combined sale with adjoining property at 625 Bolton Ave. The two properties encumber almost the entire block with very large parking lots. The owner may entertain a lease option. **Property is being sold as-is. Buyer to independently verify zoning, permitted uses, building condition, measurements, equipment, utilities, and all information deemed important prior to purchase.**

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Commercial Active

Price

$ 495,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.55

Year Built

1945

Town/City

Alexandria

County/Region

Rapides

MLS | Web ID

2572056

List By
The Realty Company Of Louisiana, Llc

Broker

shawn.property@yahoo.com

Email

Affordability Calculator

$3,419
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,419
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
476401 Elementary School
475975 Middle School
Unknown High School High School

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1604 MAGNOLIA Street, Alexandria, LA, 71301 is a Commercial Property for sale at $495,000 with 4,482 sqft and a lot size of 0.55. 1604 MAGNOLIA Street was built in 1945. The property's zip code is 71301 which is in Alexandria, LA