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1201 Brashear Ave
Morgan City, LA 70380

$2,500,000 USD

Medical For Sale  •  54,860 SF

Property Details

  • Property Type Medical
  • Total Building Size 62,640 SF
  • Lot Size 4.57 AC
  • Building Class B
  • Year Built 1970
  • Cap Rate 10.95 %
  • Tenancy Multiple
  • Zoning B-2, General Business
0 Transit Score
57 Walk Score

Highlights

The building is located at the corner of Brashear Avenue and Victor II Boulevard, just north of Highway 90.
Morgan City, LA sits on the bank of the Atchafalaya River and is "right in the middle of everywhere".
Located 68 miles southeast of Lafayette, 64 miles south of Baton Rouge, and 86 miles west of New Orleans.

Property Flyers

Financial Summary (Actual)

Net Operating Income: $273,638 USD (2022)
Cap Rate: 10.95 %
Total Expenses: $334,700 USD

Amenities

  • Banking
  • Signage
  • Air Conditioning
  • Fiber Optic Internet

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 253
Type: Surface
Included in Rent: Yes
Cade Bogan 225-333-9807 Beau Box Commercial Real Estate
Cade Bogan 225-333-9807 Beau Box Commercial Real Estate