REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,195,000
Est. payment /mo
Active
309 Goode St Houma, LA 70360
21,980 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 21,980 sqft
Price per Sqft $54
Subdivision Downtown
MLS Listing ID 2023012871
Lot Size 7,840 Sqft
Property Sub-Type Commercial
Property Description
Embrace an exclusive opportunity to become a part of downtown Houma's rich history with this 4-story building, originally known as the Thatcher Hotel. This structure is a testament to a bygone era, showcasing architecture that's steeped in charm and character. Spread across an expansive area of 22,000+ square feet, this property differentiates itself as one of the few downtown structures that offers a private parking lot with 52 available spots—an undeniable advantage in this lively locale. Presently, the building is an income producing mixed-use commercial space, housing a range of small offices and businesses. These spaces exhibit their history and hold vast potential for a transformative vision and growth. Imagine the potential of restoring this gem to its former glory as a boutique hotel, infusing the space with a blend of luxury and historical allure that only a building of such pedigree could provide. One of the most noteworthy features of this property is its untouched fourth floor—a canvas ripe for restoration. This space holds an incredible opportunity for those passionate about breathing new life into historic properties. This not-yet-realized potential is not only an opportunity to significantly increase the property's value, but also a means of expanding the income it generates, given the right vision and execution. Moreover, the building's eligibility for historic tax credits provides potential financial incentives to prospective buyers. Nestled directly across the street from the courthouse and just steps away from the post office, the Thatcher building holds a prime position in the heart of downtown Houma. This central location ensures high visibility and continuous foot traffic, beneficial for any business housed within. Investing in the Thatcher building signifies more than just a financial decision. It's an invitation to influence Houma's future by preserving and elevating a cherished piece of its history. Your vision can level up this property
Location
State LA
County Terrebonne
Interior
Heating Central
Cooling Central Air, Window Unit(s)
Flooring Tile, Wood
Exterior
Exterior Feature None
Garage Spaces 52.0
Utilities Available Natural Gas Available
Roof Type Tar/Gravel
Private Pool false
Building
Lot Description Additional Land Lot, Corner Lot
Story 4
Foundation Slab
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition As Is
Listed by Canal & Main Realty
AFFORDABILITY CALCULATOR
Use this calculator to determine how much house you can afford. By entering details about your income, down payment, and monthly debts, you can estimate the mortgage amount that works with your budget.
You can afford a home up to: $0
Your debt-to-income ratio is 36%
Quite affordable.
View Affordable PropertiesQuite affordable.
Payment Breakdown：
$0 Month
Get more info from a local expert!