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287 S Morrison Blvd, Hammond, LA 70403

Commercial Property

Description

GREAT LOCATION FOR A RESTAURANT OR OTHER RETAIL LOCATION ! HIGH TRAFFIC SITE ! PROPERTY HAS EXISTING DRIVE-THRU W/EXCELLENT SIGNAGE & VISIBILITY W/AMPLE PARKING. FORMER HUNGRY HOWIE'S RESTAURANT. IN CLOSE PROXIMITY TO SEVERAL FAST FOOD RESTAURANTS INCLUDING ZAXBY'S, SUBWAY, POPEYE'S, RAISING CANE'S AND WENDY'S. LOCATION HAS UNIVERSITY TRAFFIC FROM SOUTHEASTERN WHICH IS LESS THAN 5 MILES FROM SITE. PROPERTY PROXIMATE TO HWY 51, I-55 AND I-12. LOT SIZE IS 30,355 SF WITH 42 DESIGNATED PARKING SPACES.

Detail Information

General Information

  • Building Type - Other, Restaurant, Retail Building
  • Legal Description - 0.70A IN SEC 26 T6SR7E FRTG 109.7 FT ON MORRISON BLVD B777 P308 B844 P595 B848 P807 B1135 P701 B1137 P533 B1137 P536 MAP 777/310 844/598
  • City Limit - Yes
  • Sewer Type - Utility Co.
  • Termite Contract - No

Exterior Features

  • Exterior - Stucco

Utilities

  • Electricity Provided By - Entergy
  • Utilities Paid By - Tenant

Price Change History

Price changed on 12/4/2017 from $699,000.00 to $550,000.00

Street View

Bird's Eye View

Map of Area

  Commercial Property Listings Found
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Calculate Monthly Payment

Selling Price: $550,000.00  Down Payment:  
Loan Type Avg. Rate Est. Monthly Payment
30 Yr FRM 4.53% $2,516.92*
15 Yr FRM 3.89% $3,634.23*
FHA 30 Year Fixed 4.33% $2,458.34*
Jumbo 30 Year Fixed 4.53% $2,516.92*
5/1 Yr ARM 3.49% $2,220.01*
* Principal & Interest ONLY
Listing Courtesy of Gulf South Real Estate Network
287 S Morrison Blvd, Hammond, LA 70403 is a commercial property located in the city of Hammond and priced at $550,000.00 with and estimated monthly payment of $2,796.58.

Listing Summary

  • Commercial Property
  • $273.63
  • 30301
  • 2010 sq. ft (approx)
  • 19
  • 0
  • 0
  • N/A
  • 2130596
  • Active

Moveopia Analysis

In the $500,001 to $550,000 price range, there are 2 active listings located in Tangipahoa / Hammond above HWY 12 (MLS Area 302).

In the past 90 days, 0 listings were sold, averaging 0 listings sold per month.

Based upon the historical absorption of properties priced in this price range, properties have a less than 5% probability of receiving an acceptable purchase agreement within 90 days.


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