Excellent investment opportunity! This 12-room motel offers ample parking, and room for future expansion on nearly 1 acre. The property features 1 suite complete with a sitting area and kitchenette, 7 double-bed rooms, and 4 single-bed rooms. Additionally, there is a common area/office space that can serve as a reception area, business office, or guest gathering space, along with a fully equipped utility/laundry room. Strategically located on US Highway 165 between Alexandria and Monroe, this established business benefits from consistent traffic and a strong local presence. Nearby employers and attractions include Drax Biomass LaSalle, Hardtner Medical Center, municipal offices, and local sports facilities, providing a steady flow of potential guests year-round. Adding to the income potential, the property includes a billboard that generates annual revenue. With plenty of space for growth and additional development opportunities, this property is well-positioned for an owner-operator or investor looking to expand their portfolio. Schedule your private showing today!
Listed By
Agency Name: CENTURY 21 BUELOW-MILLER REALTY
Agency Phone: (318) 442-1381
Shown By
Agent Name: Mary Flournoy
Agent Phone: (318) 613-0618
Agency Title: Latter & Blum Central Realty
Latter & Blum Central Realty Mary Flournoy (318) 613-0618
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4593 Main Street 165 Highway, Olla, LA 71465.
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4593 Main Street 165 Highway, Olla, LA 71465.
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4593 Main Street 165 Highway | MLS# 2560990
This commercial property located at 4593 Main Street 165 Highway, Olla, LA 71465 is currently listed for sale with an asking price of $499,000. Search Olla real estate on maryflournoy.centralrealty.la today.