14945 US Highway 61

Withdrawn Retail-Commercial for Sale
Catylist Listing ID: 28509434
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Tavern/Bar/Nightclub, Other
Building Size (RSF): 8,800 SF
Gross Building Area: See Agent
Gross Land Area: 6.89 Acres
Sale Price: $599,000
Unit Price: $68.07 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Withdrawn On: 9/11/2017
Last Updated: 9/11/2017

Overview / Comments

A landmark–-opened in 1947 this historic "RoadHouse" had live bands, gambling, fine dining and a cocktail lounge. After 65 years and only two owners, South of the Border is on the public market for the first time. Restaurant, lounge, dance hall, private dining room. 6.89 of highway frontage acres, large art deco building with historic neon sign, all equipment, good will, and successful business. Management is willing to stay on board.

Additional Details

Nearest MSA: Baton Rouge
County: West Feliciana
Submarket/Township: 94
Tenancy: Single Tenant

Demographic Statistics

Proximity: 5 miles
Total Population: 1,381
Median Age: 46.3
Households: 556


Photograph of Listing Agent

Dorian M Bennett

Dorian M Bennett Inc New Orleans, LA 70117-8506
Not a member of MCAR CIE
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