LaSalle, US
Investor/Flipper Special: Mixed-Use Gem in Downtown Lostant Explore the potential of this exceptional mixed-use property located in the heart of downtown Lostant. Boasting a spacious main level retail or office space and three charming apartments on the second level, this property presents a unique opportunity for investors and flippers alike. Key Features: - Prime Location: Situated in downtown Lostant, offering easy access to local amenities and attracting both residents and visitors. - Versatile Main Level: Spanning 2,884 square feet, the main level features expansive retail or office space that can be easily customized or subdivided to suit various business needs. - Income Potential: Currently generating $1,700 per month from two rented apartments, with the opportunity to increase rental income by leasing out the third apartment and maximizing the commercial space. - Residential Appeal: The second level comprises two 1-bedroom apartments and a spacious 4-bedroom apartment with new AC, ideal for attracting tenants seeking comfortable living spaces in a quaint town setting. - Fixer-Upper Opportunity: Perfect for investors looking to add value through cosmetic updates and tenant improvements, ensuring swift occupancy and increased rental rates. - Historic Charm: Embrace the charm of a small-town atmosphere while capitalizing on the growing demand for mixed-use properties in up-and-coming communities. This property promises a solid foundation for both immediate rental income and long-term investment growth. Whether you're a seasoned investor or a first-time flipper, don't miss out on this opportunity to own a piece of Lostant's commercial and residential landscape. Schedule your showing today and unlock the potential of this versatile mixed-use property!
Courtesy Of: Executive Realty Group
Feature Highlights
- Built Before 1978
General Features
- List Date:
- 06/11/2024
Exterior Features and Amenities
- Lot Size Dimensions:
- .06
Financial
- Days On Market:
- 68
- Tax Annual Amount:
- $2,389.00
- Tax Year:
- 2022
The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2026-01-11.
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