NEW UPDATES! 18,800 SF Income-Producing Commercial/Retail property on Hwy 165 in Columbia, LA with projected 3,000-$5000/year additional income per NEW 25-Year billboard lease agreement. AND! Entire 18,800 SF Roof has been updated! All roof seams were sealed, the roof was then coated with a flexible waterproof polymer and then painted a reflective white. Should easily extend the roof life 10-15 years and the reflective white should reduce HVAC costs in the building. Roses Express Discount Store is and has been an important convenience to Columbia and surrounding areas since it first opened on Hwy 165 in 2019. Current Lease term thru 09/30/26 with (2) 3-Year Options at 6% increase per renewal. (See Associated Docs for more info) For more information, contact your professional real estate agent today!
* This payment calculator is intended for educational and planning purposes only. ** Assumes 6.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
Information comes in part from the IDX/SMART FRAMING program of the NORTHEAST LOUISIANA BOARD OF REALTORS (NELBOR) MLS. All information provided is deemed reliable but is not guaranteed and should be independently verified by the consumer. This site does not display all listings available through the NEBOR MLS. Copyright 2024, NEBOR MLS and RE/MAX Louisiana. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers by be interested in purchasing.
Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.
