107 E Madison Ave

Exceptional opportunity to acquire an established downtown Bastrop retail business and commercial property on the historic Morehouse Parish Square. Founded in 1920, this well-known local gift shop has served generations of customers and offers a rare combination of real estate, business assets, inventory, local recognition, and continued operating potential.

The sale includes the commercial building, retail and gift shop inventory, computer system, delivery vehicle, and other business assets needed for continued operation, making this a strong turnkey opportunity for an entrepreneur, existing retailer, or investor seeking a recognizable downtown location.

Positioned along a high-visibility corridor with an estimated daily traffic count of approximately 8,000 vehicles, the property benefits from strong exposure in the heart of Bastrop’s historic commercial district. The business has long been known for its community presence, unique merchandise offerings, and loyal local following.

Adding to the property’s flexibility, the business was formerly operated as a community pharmacy and gift shop. A future pharmacy-related use may be possible, subject to all applicable licensing, regulatory requirements, approvals, and buyer due diligence.

Whether you are looking to continue the existing gift shop operation, expand a retail brand, invest in downtown commercial real estate, or explore a new business concept, 107 E. Madison Avenue offers history, visibility, assets, and opportunity in one compelling package. Contact the listing agent for additional details.

Business Details

107 E. Madison Avenue • Bastrop, LA 71220

List Price: $120,000

• Business Established: 1920
• Current Ownership: Raktim Baruah
• Sale Includes: Building, computer system, gift inventory, and delivery car.

Property Details

• Building Built: 1978
• Square Feet: 2,613
• Ceiling: 15 ft.

• Approximate Daily Traffic Count: 8,300

Demographics

• Median Household Income: $35,328
• Median Age: 40.3
• Total Morehouse Parish Population: 24,790
• Average Household Size: 2.35
• Female/Male Ratio: 50.9% Female | 49.1% Male