The Inn on the River

Hospitality: Hotel

416 Mississippi St, DonaldsonvilleLA 70346

Property Details

Location

Address
416 Mississippi St, DonaldsonvilleLA 70346
County
Ascension Parish
Submarket
92
Parcels
758800
In Opportunity Zone
Yes

Building Size

Building Size
54,088 SF
Rentable Space
27,044 SF

Building Details

Type
 Hospitality: Hotel
Number of Buildings
2
Number of Units
16
Occupancy Type
Single Tenant
Percent Occupied
100%
Building Class
Building Status
Existing
Floors
2
Year Built
Sprinklers
Total Parking
40
Parking Ratio

Land & Utilities

Land (Acres)
0.86 Acres
Land (SF)
37,462 SF
Zoning
DONALDSONVILLE HISTORIC DISTRICT
Lot Depth
Lot Width

Contacts

Current Listings

Beautiful Multi-Purpose Building with Tax Credits Galore

27,044 SF$2,160,000
Coldwell Banker Commercial One

This property holds a unique opportunity to add value while maintaining its current revenue. The property has an operating hotel, a two bedroom apartment and a three bedroom apartment, several offices, an open space for additional office or hotel rooms, the potential to house a restaurant or corporate kitchen and because of it's zoning, it has and can again, hold a full service bar.

There are tax credits available for this property because of its location in an Opportunity Zone and also Historic Tax Credit through the state. Please note that the state tax credits can be sold to help any reconfiguration of the property.

Coldwell Banker Commercial One

This property holds a unique opportunity to add value while maintaining its current revenue. The property has an operating hotel, a two bedroom apartment and a three bedroom apartment, several offices, an open space for additional office or hotel rooms, the potential to house a restaurant or corporate kitchen and because of it's zoning, it has and can again, hold a full service bar.

There are tax credits available for this property because of its location in an Opportunity Zone and also Historic Tax Credit through the state. Please note that the state tax credits can be sold to help any reconfiguration of the property.

View Details
View Details

Commercial Location Score (CLS) is a scoring system developed by Moody's Analytics to help commercial real estate professionals gain a quick understanding of the major factors that affect the value of a location. It's designed as a means to consistently evaluate a location's suitability/desirability for a particular use based on a number of factors.

CIE

Source: LACDB

More Information

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