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99 Main St

8,588 SF Specialty Building Offered at $899,000 in Franklin, LA 70538

Investment Highlights

  • Greek Columns, original wood flooring, spiral staircase, Italian marble fireplaces, five acres of beautiful landscape.

Executive Summary

Nestled on over 5 acres of lush, verdant grounds, this exquisite two-story plantation home, built in 1852, stands as a testament to timeless elegance and historical significance. Spanning an impressive 7,765 square feet, the estate boasts nine spacious bedrooms and eight meticulously appointed bathrooms and four half baths. The grandeur of the home is immediately apparent upon entering, with original wood flooring that whispers tales of the past underfoot. The residence features stunning Greek columns that frame its stately façade, lending an air of classical sophistication. Inside, the eye is drawn to the Italian marble fireplaces, each a masterpiece in its own right, providing both warmth and a focal point of artistry in the generously proportioned rooms. This distinguished home has hosted a trio of luminaries: President Franklin D. Roosevelt, the enigmatic actress Greta Garbo, and the iconic actor Paul Newman, each adding to the rich tapestry of its storied history. Today, it serves as a charming bed and breakfast and a premier events venue, offering guests a blend of historic charm and modern luxury. The expansive grounds provide a serene backdrop for any occasion, from intimate gatherings to grand celebrations, ensuring every event is memorable. Whether enjoying a quiet moment on the porch, gazing out over the sweeping landscape, or exploring the home's elegant interior, visitors are enveloped in an atmosphere of refined tranquility and historic splendor.

Financial Summary (Actual - 2023) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2023) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $899,000
Price Per SF $105
Sale Type Investment
Property Type Specialty
Property Subtype
Residential Income
  • General Retail Bar
  • OfficeLoft Creative Space
  • Office Office Residential
Building Class C
Lot Size 6.51 AC
Building Size 8,588 SF
No. Stories 2
Year Built 1990

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2264661113
Land Assessment
$16,200
Improvements Assessment
$106,598
Total Assessment
$122,798
Annual Taxes
($1) ($0.00/SF)
Tax Year
2023

zoning

Zoning Code Commercial
Commercial
  • Listing ID: 32172468

  • Date on Market: 6/18/2024

  • Last Updated:

  • Address: 99 Main St, Franklin, LA 70538

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