Address
1513 Grand Caillou, Houma, LA
Price
$ 195,000
Property Attributes
  • MLS#2026016790
  • TypeCommercial
  • Listing Status Active
  • ParishTerrebonne
  • CityHouma
  • AreaNo Area
  • NeighborhoodHouma-terrebonne Airport Commission
  • Zip70363
  • Style
  • Price$ 195,000
  • Bedrooms0
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage4939
  • Lot Size2.77 Acres
Data Source:
Greater Baton Rouge MLS (GBRAR)
Property Description

This freestanding former bank building sits on a highly visible corner lot with excellent traffic exposure. The building has a new roof, and the space is largely open and ready for a new layout, with private offices, a break room, and an existing drive-through teller area. Plenty of parking with room for expansion. The property sits on 2.772 acres under a ground lease with the Houma-Terrebonne Airport Commission. Base rent started at $1,275.12 per month (about $15,301 per year), with annual CPI adjustments capped at 5%. The lease has a one-year primary term with nine one-year renewal options on the same terms, and the tenant covers taxes, utilities, insurance, and maintenance. Any lease assignment requires Airport Commission approval. The lease allows non-aviation commercial use. Great potential for an event center, church, retail/shopping, or office use.

Price History
9/11/2026 Listed $195,000

General Features

Sewer Public Sewer
Heating Central
Cooling Central Air
Utilities Natural Gas Not Available
Roof Composition
Construction Materials Brick
Electric Circuit Breakers
Property Subtype Commercial
Assoc Fee Paid Per Annually
County Terrebonne
Property Type Commercial Sale
Subdivision Name Houma-terrebonne Airport Commission
Status Active
City Houma
MLS Area No Area
Lot Size Square Feet 120661.2
Carport Y/N false
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Legal Description BANK BUILDING LOCATED ONPROPERTY LEASED FROM HOUMA-TERREBONNE AIRPORT COMMISSIONACCT. A03C-42167 LEASE NO. AB-1-95.CB 1598/605

Interior Features

LivingAreaSource Appraiser
Total Baths 2

Exterior Features

Exterior Amenities Door Sign
Parking Features Concrete,Parking Lot
Water Source Private
Lot Size Area 2.77
Foundation Details Slab
Building Area Total 4939
Lot Size Acres 2.77

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 70363

Price
AVG $550K
$200K