For Sale
$675,000

18590 La-16 Port Vincent, LA 70726

Prime LA Retail & Storage Complex

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional investment opportunity presents a 5,030 square foot retail center and self-storage complex, ideally situated on a 1.72-acre lot at 18590 LA-16 in Port Vincent, Louisiana, zip code 70726. The property boasts three buildings, all single-story, and features a diverse tenant mix including Domino's Pizza, Chris' Pharmacy, Cuts-N-Such Hair Salon, and Small Town Nutrition. The retail center is currently 100% occupied, generating income below market rates, presenting significant upside potential. The accompanying self-storage facility comprises 70 units, ranging in size from 5x5 to 10x25, adding another revenue stream. The property benefits from high visibility due to its corner location on Hwy 16 and Clio St, experiencing approximately 12,521 vehicles daily. Conveniently located approximately 0.5 miles from Fred's on the River, the property offers ample parking and five points of access for ease of use. The property is located in flood zone X, providing peace of mind. The asking price for this multi-tenant property is $675,000, with a price per square foot of $134.19. This is a rare opportunity to acquire a well-established, income-producing property in a desirable location.

Highlights

  • Retail center and self-storage facility.
  • 100% occupied retail center.
  • Anchored by Domino's Pizza and Chris' Pharmacy.
  • High-traffic corner location on Hwy 16, boasting approximately 12,521 vehicles per day.

Property Details for 18590 La-16

Property type
Lifestyle centers, Power centers
Square Feet
5,030 SF
Buildings
3
Stories
1
Lot Size (sq. ft)
74,923 SF
Units
70

Location Insight

City
Port Vincent
County
Livingston Parish
State
Louisiana
Latitude
30.336798560455
Longitude
-90.847243074925

FAQs

What type of property is this?
Lifestyle center - Prime LA Retail & Storage Complex
Where is the lifestyle center located?
The property is located at 18590 La-16 Port Vincent, LA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Retail center and self-storage facility.; 100% occupied retail center.; Anchored by Domino's Pizza and Chris' Pharmacy.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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18590 La-16
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