Violet LA Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
9,400
Status:
Active
Beds:
n/a
Year built:
1985
Baths:
MLS#:
2478013

ADDITIONAL INFORMATION

BACK ON MARKET! Introducing 5636-38 E. Judge Perez Drive, a mixed- use commercial/residential property located in Violet, LA. This well-maintained 14-unit building consists of (7) 1 Bedroom 1 Bathoom units on the second floor and (7) commercial units on the ground floor. The convenience store located in the front of the building occupies (3) of the commercial units with a monthly rent of $3,000. Building has a NEW ROOF that was put on in 2023. Currently, rents are positioned below the local market rates, leaving room for a new owner to strategically increase rental income without the need for extensive renovations. Rents on the second story residential units have been raised from $700 to $800 and for units A & B the rent has been increased to $1,147 per month. The market rate for the commercial units is $1,000 per month with the end cap taking up 3 spaces for $3,000 per month. For added convenience, ample off-street parking is available, eliminating the hassle of finding a parking spot and enhancing the overall living experience. In sum, 5636-38 E. Judge Perez Drive represents an extraordinary investment prospect, offering a harmonious blend of location, potential, and quality, making it an ideal addition to your real estate portfolio.

Type:
General Commercial
Sq.Ft.:
5,278
Status:
Active
Beds:
n/a
Lot size:
0.55 Acres
Year built:
1991
Baths:
MLS#:
2468773

ADDITIONAL INFORMATION

For Sale. Beautiful venue hall! Located on the corner of E. St. Bernard Hwy. and Meraux Lane, just before the beautiful "tunnel of trees" of Pecan Grove. Property Use Zone is "C-1." Flood Zone is "X." Currently used as a venue hall, but this property has so many other use options for its C-1 zone! The reception/venue area measures 3,246 sq. ft., and features a kitchenette, beautiful mahogany bar, raised D.J. booth, private office, individual "his" & "her" restrooms, and multiple storage closets. The reception area is beautifully designed with elegant wall and ceiling light fixtures. Flooring is ceramic tile throughout. The reception area also features a ceiling-mounted projector and pull-down/roll-up screen, a wonderful amenity for Power Point presentations of photos, meeting/class content, etc.! Parking lot measures approx. 15,340 sq. ft. for tons of off-street parking. Covered loading/unloading drive-through area, measures 981 sq. ft., for easy access during inclement weather. Exterior storage room measures 299 sq. ft. Entire property consists of 3 lots, totaling approx. 1/2 acre. Three (3) central A/C systems. Current owner has confirmed venue bookings until end of 2024. Any sale/purchase will be "Subject to Buyer honoring Seller's current bookings with the public." Please write this clause as an "additional term/condition" of any offer being submitted. See "Attachments" for a list of Furniture, Fixtures & Equipment (FF&E) Inclusions & Exclusions, which will be made an Addendum to any Agreement to Sell/Buy. Seller is to retain mineral rights. All measurements are approximate. See multiple photos. Contact Listing Broker for additional information or to schedule a tour of this amazing property!

Type:
General Commercial
Sq.Ft.:
2,300
Status:
Active
Beds:
n/a
Lot size:
1.16 Acres
Year built:
2017
Baths:
MLS#:
2453095

ADDITIONAL INFORMATION

Let's Turn Some Keys, Baby...Your well established income producing convenience store is situated on an over sized corner lot facing a busy highway. High traffic, great street visibility, parking, and income. Did I say income producing???? Owner Financing/Bond For Deed.

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Andrea Conner, License BROK.995692987-ACT, Xome Inc., License BROK.0995686178-CORP, AndreaD.Conner @xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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Violet Real Estate

The median home value in Violet, LA is $123,275. This is lower than the county median home value of $190,900. The national median home value is $338,100. The average price of homes sold in Violet, LA is $123,275. Approximately 68.33% of Violet homes are owned, compared to 19.38% rented, while 12.29% are vacant. Violet real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Violet real estate agent to arrange a tour today!

Violet, Louisiana has a population of 5,319. Violet is less family-centric than the surrounding county with 22.81% of the households containing married families with children. The county average for households married with children is 25.77%.

The median household income in Violet, Louisiana is $54,250. The median household income for the surrounding county is $52,538 compared to the national median of $69,021. The median age of people living in Violet is 35.8 years.

Violet Weather

The average high temperature in July is 91 degrees, with an average low temperature in January of 43.5 degrees. The average rainfall is approximately 63.8 inches per year, with 0.1 inches of snow per year.

Violet Real Estate Market Conditions

  • Median sales price

    $123,275
    12.3% change since last quarter
  • # Active listings

    64
    30-day change

Violet Schools and Demographics

Education near Violet, LA

Metric City County
High School Graduates 82.56 81.48
College Degree - 2 year 8.3 8.51
College Degree - 4 year 12.56 14.66
Graduate Degree 5.28 3.82
Expenditures per Student 11,471 11,471
Students per Teacher 16.7 16.7

Elementary Schools near Violet, LA

School Grades Students P/T Ratio ZIP
Alice Harte Elementary Charter School PK - 08 746 16.6 70131
Arabi Elementary School PK - 05 741 16.5 70032
Chalmette Elementary School PK - 05 703 16 70043
Dwight D. Eisenhower Elementary School PK - 08 795 21.1 70131
Joseph J. Davies Elementary School PK - 05 781 17.1 70075
Lacoste Elementary School PK - 05 901 18 70043
W. Smith Jr. Elementary School PK - 05 368 13.1 70092

Middle Schools near Violet, LA

School Grades Students P/T Ratio ZIP
Andrew Jackson Middle School 06 - 08 580 19.4 70043
N.P. Trist Middle School 06 - 08 619 20 70075

High Schools near Violet, LA

School Grades Students P/T Ratio ZIP
Algiers Technology Academy 09 - 12 299 23.6 70131
Chalmette High School 09 - 12 1,739 14.2 70043
Edna KARR High School 09 - 12 1,080 17 70131

Ungraded Schools near Violet, LA

School Grades Students P/T Ratio ZIP
C.F. Rowley Alternative School 04 - 12 112 9.3 70043

Demographics near Violet, LA

Metric City County
Neighborhood Type Small town
Population 5,319 43,821
Population Density 1,355 116
Median Age 35.8 35
People per Household 3.1 2.8
Median Household Income 54,250 52,538
Average Income per Capita 21,298 26,192