$399,000
Houma, LA 70363
MLS# 2025014669
Status: Pending Continue to Show
5 beds | 3 baths | 3340 sqft
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Property Description
Investor's Dream Opportunity – Multi-Use Property with Proven Income Stream! recent price drop! Unlock the potential of this unique commercial/residential investment property featuring two residential homes, an industrial building with a long-term tenant of 14 years, and a ready-to-develop cement pad equipped with sewer, electricity, and water hookups — perfect for adding an additional unit or structure. Strategically designed for cash flow and growth, this property offers: Two separate homes ideal for rental income or owner-occupancy. An industrial/commercial space currently leased by a reliable tenant with deep roots in the location. A utility-ready pad site, giving you room to expand your investment portfolio. With multiple income streams already in place and room to grow, this is a rare chance to step into a high-yield opportunity from day one. Whether you're looking to expand your portfolio or break into real estate investing, this property checks all the boxes. Schedule a showing today and discover why this property is a smart, strategic move for any investor. INDUSTRIAL BUILDING IS ABOUT 3600 SQ FT. FRONT HOUSE IS APPROX 1000 SQ FT. MOBILE HOME IN REAR IS 1820 SQ FT..
Details
Listing Information
Price Change Timestamp: 2025-11-06T06:00:00Z
Comp Sale YN: No
Property Sub Type: Single Family Residence
Status Change Information
Projected Closing Date: 2026-06-16
Status Change Timestamp: 2026-05-06
Purchase Contract Date: 2026-05-04
Contingency: Pending Continue to Show
Address
Parish or County: Terrebonne
MLS Area Major: None
Street Number: 1118
Street Name: Grand Caillou Road
City Limits YN: Yes
State: LA
Postal Code (Zip): 70363
Parcel Number: 19405
Contract
Current Price: $399,000
Original List Price: 425000
Status: Pending Continue to Show
Listing Contract Date: 2025-08-07
List Price: $399,000
Listing Agreement: Exclusive Agency
Listing Service: Full Service
Occupant Type: Vacant
List Price/SqFt: 141.49
Interior
Bedrooms Total: 5
Bathrooms Total: 3
Bathrooms Full: 3
Living Area: 2820
Living Area Source: Estimated
Building Area Total: 3340
Non-Living Area: 520
Building
Year Built: 1972
Approximate Age: 51 - 75 Years
Year Built Details: WE BELIEVE INDUSTRIAL BUILDING WAS ERECTED IN 1972. THE MOBILE HOME IN THE REAR IS 35 YEARS OLD BUT IN GREAT CONDITION. THE FRONT HOUSE WAS BUILT IN 1960S SOMETIME BUT WAS RECENTLY UPDATED.
Property Attached YN: No
Lot
Lot Size Acres: 1.03
Lot Size Square Feet: 44866.8
Lot Size Dimensions: 90 x 195 x 55 259 x 24 x 205 x 295
Pool Private YN: No
Waterfront YN: No
Remarks
Public Remarks: Investor's Dream Opportunity – Multi-Use Property with Proven Income Stream! recent price drop! Unlock the potential of this unique commercial/residential investment property featuring two residential homes, an industrial building with a long-term tenant of 14 years, and a ready-to-develop cement pad equipped with sewer, electricity, and water hookups — perfect for adding an additional unit or structure. Strategically designed for cash flow and growth, this property offers: Two separate homes ideal for rental income or owner-occupancy. An industrial/commercial space currently leased by a reliable tenant with deep roots in the location. A utility-ready pad site, giving you room to expand your investment portfolio. With multiple income streams already in place and room to grow, this is a rare chance to step into a high-yield opportunity from day one. Whether you're looking to expand your portfolio or break into real estate investing, this property checks all the boxes. Schedule a showing today and discover why this property is a smart, strategic move for any investor. INDUSTRIAL BUILDING IS ABOUT 3600 SQ FT. FRONT HOUSE IS APPROX 1000 SQ FT. MOBILE HOME IN REAR IS 1820 SQ FT..
Disclosure Details
Special Listing Conditions Remarks: Sellers elect to sell property with full waiver of warranty & Redhibition rights at Act of Sale per LAC.C. art. 2520 and LAC.C. art. 2541. Please have buyer check appropriate section on P.A. entitled Waiver of Warranty.
Land Details
Mineral Rights: Negotiable
Utility Providers
Electric Provider: Other
Gas Provider: None
Room Types
Bedroom Level: First
Tax Legal
Subdivision Name: Grand Caillou Heights
Property Features
Architectural Style: Other
Construction Materials: Wood Siding; Other
Cooling: Ceiling Fan(s); Central Air; Multi Units
Disclosures: Property As Is
Foundation Details: Slab; Other
Heating: Central
Interior Features: Double Vanity; Dual Closets; En Suite; High Ceilings; Walk-In Closet(s)
Levels: One
Listing Terms (Financing): Cash; Conventional; Private Financing Available
Lock Box Type: Supra
Parking Features: Driveway; Unpaved
Sewer: Community Sewer
Water Source: Commercial Water
Showing Requirements: Appointment Only; Lockbox; Show Anytime
Room Types: Bedroom
Room Information
| Room Name | Level | Dimensions |
| Bedroom | First | 14 x 14 |
| Bedroom | First | 14 x 14 |
| Bedroom | First | 20 x 23 |
| Bedroom | First | 12 x 10 |
| Bedroom | First | 13 x 13 |
Listing Office: Canal & Main Realty
Office Phone: 985-446-6363
Office Email: stefany@canalmain.com
Last Updated: November - 03 - 2026
Information deemed reliable but not guaranteed.
Broker Attribution:
985-446-6363
GUIDRY & CO. REAL ESTATE, Lafayette, LA. All offices are independently owned and operated. The data relating to real estate for sale on this web site comes in part from the IDX Program of the Realtor® Association of Acadiana; MLS Real Estate listings held by brokerage firms other than GUIDRY & CO. REAL ESTATE are marked with the MLS approved icon for
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. “Information Deemed Reliable But Not Guaranteed”. Copyright 2016 REALTOR® Association of Acadiana, All rights reserved.
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