$160,000
Excellent investment opportunity at 5032 Plank Rd featuring a freestanding commercial building with an established tenant in place. The current tenant operates a used car sales and repair business and is secured under a 3-year lease at $2,000 per month, providing immediate and stable income for an investor. The property is well-positioned along Plank Road, benefiting from strong visibility and steady traffic flow, with approximately 10,000 to 13,000 vehicles per day in the area, enhancing long-term business viability. The building is equipped with central air and a gas heater, offering functional and comfortable space for a variety of commercial uses. Annual property taxes are approximately $772.33, and insurance is estimated at $1,000 per year, contributing to low operating expenses and strong return potential. This property is also available as part of a package with the adjacent car wash at 5004 Plank Rd, presenting a unique opportunity to acquire multiple income-producing assets in a high-traffic corridor.
2026006012
MLS
5032 Plank Rd, Baton Rouge
