29906 S Montpelier Rd Albany, LA
Welcome to an Exclusive Online-Only Auction Event!
Get ready to bid on a remarkable commercial investment at 29906 S Montpelier Rd, Albany, LA! This unique hybrid property combines versatility, modern design, and prime potential, making it an ideal opportunity for investors, entrepreneurs, or business owners. With a 2022 appraisal on file for $685,000 and an opening bid of just $475,500, this is your chance to secure a high-value asset at an incredible starting point! Please note, a 5% buyer’s premium applies to the final bid price.
Main Building: 4,580 Sq Ft of Multi-Purpose Excellence
At the core of this offering is a 4,580 sq ft main building, thoughtfully designed for dual functionality. One section is finished as a comfortable residential-style space, featuring a full kitchen and a luxurious bathroom with a steam shower and jacuzzi tub—ideal for onsite living or premium leasing. The other section is a fully equipped medical office, previously used as a dental practice, with professional finishes ready for healthcare or specialty services. This flexible layout is perfect for live-work setups or multi-tenant income streams.
Standalone Building: 1,350 Sq Ft of Opportunity
Enhancing the property’s value is a separate 1,350 sq ft building, configured for office or retail use. Complete with a half bath, this standalone space is perfect for a small business, professional services, or creative ventures, offering additional revenue potential or operational flexibility.Built for Durability and StyleFeaturing brick siding and a sturdy metal roof, this property delivers low-maintenance longevity and timeless curb appeal. Its quality construction ensures lasting value, making it a smart choice for long-term investment.
Why This Property? Why Now?
- Versatile Design: Seamlessly blends residential and commercial spaces for endless possibilities.
- Prime Location: Located in Albany, LA, with access to growing markets and opportunities.
- Strong Value: Backed by a 2022 appraisal of $685,000, with an opening bid of $475,500.00—a tremendous entry point!
- Buyer’s Premium: A 5% buyer’s premium will be added to the final bid price, ensuring transparency in your investment.
- Online-Only Auction: Bid conveniently from anywhere and secure this asset with ease.
Mississippi
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