Listing Courtesy of: Michael Mito - JPAR Gulf South
504-432-3435
$539,000
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526 ST MARY Street Thibodaux, LA 70301
General Commercial
Residence
Beds
Baths
...
Bed/Bath
7,130
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
Saves
**Exceptional Investment Opportunity: 23-Room Motel with Significant Potential** Presenting a remarkable investment prospect: a 23-room motel situated at 526 St. Mary St. in the heart of Thibodaux, Louisiana. While this property bears the marks of time, it also holds immense potential for investors... seeking an opportunity with a touch of vintage charm. Here's why this motel should capture your attention: 1. **Prime Downtown Location**: The motel enjoys a strategic position in downtown Thibodaux, offering accessibility to the local culture and commerce. This location is great for travelers looking to experience the authentic essence of Louisiana. 2. **Nostalgic Appeal**: Despite its age, the property possesses an inherent nostalgic charm. With thoughtful refurbishment, it can be transformed into a stylish and nostalgic retreat, attracting guests who appreciate a vintage aesthetic. 3. **Proximity to Nicholls State University**: Investors exploring options related to student housing or events catering to the university community will find this location advantageous, given its proximity to Nicholls State University. 4. **Nature Enthusiasts' Retreat**: The motel's proximity to Bayou Lafourche positions it as an enticing option for travelers seeking outdoor adventures. With strategic upgrades, it can serve as a hub for fishing, boating, and nature exploration. 5. **Event Hosting Potential**: Its central location in downtown Thibodaux makes it well-suited for hosting small-scale events, such as family gatherings or intimate functions. A modest investment in facilities can elevate its appeal as an event venue. 6. **Cultural Immersion**: The property's vicinity to attractions like Laurel Valley Village and the St. Joseph Co-Cathedral provides guests with opportunities to immerse themselves in the local culture. It can be transformed into a cultural hub with the right vision. 7. **Renovation Opportunities**: While it requires refurbishment, this motel is a canvas ripe for artistic renovation. It offers the potential to merge modernity with historic charm and create a unique guest experience. 8. **Versatile Possibilities**: For investors with creative aspirations, the property presents a spectrum of opportunities, from establishing a boutique motel to crafting themed accommodations that appeal to a diverse clientele. This 23-room motel at 526 St. Mary St. embodies an investment prospect that combines history with potential. If you are a forward-thinking investor with an eye for design and an appreciation for properties with character, this opportunity awaits your vision. Contact us today to explore how you can unlock the full potential of this vintage gem. Your next investment venture begins here.
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MLS#
2454691
Property Type
General Commercial
Year Built
1950
Square Feet
7,130
sq. ft
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