For Sale
$2,000,000

6243 River RdAvondale, LA 70094

High-return retail investment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a thriving multi-tenant retail complex in Avondale, Louisiana, encompassing a fully operational gas station and convenience store on a substantial 1.7-acre lot. The 7,750-square-foot building, constructed in 2005 and situated in a C-2 Commercial zone, boasts 100% occupancy across its five units. The convenience store generates strong revenue streams from sales of hot food, tobacco, liquor, and lottery tickets. Two fuel pumps dispense both regular and diesel fuel (unbranded). The property includes two additional storage containers, offering further potential for expansion or leasing. The substantial lot size presents significant opportunities for future development or expansion of existing operations. Located at 6243 River Rd, Avondale, LA 70094, this property is situated in an X flood zone. The asking price is $2,000,000, representing a price per square foot of $258.06. The current lease terms are expiring, presenting a unique chance to renegotiate and maximize rental income. This turnkey operation offers immediate cash flow and substantial long-term growth potential. Don't miss this chance to acquire a high-performing retail asset in a prime location.

Highlights

  • $2,000,000 asking price for a multi-tenant retail property.
  • 7,750 square feet on a 1.7-acre lot in Avondale, LA.
  • Property includes a convenience store, gas station, and additional leasable space.
  • Features two gas pumps (unbranded) dispensing regular and diesel fuel.
  • Convenience store offers hot food, tobacco, liquor, and lottery tickets.
  • Built in 2005, with C-2 Commercial zoning.

Property Details for 6243 River Rd

Property type
Retail properties, Retail space
Square Feet
7,750 SF
Year Built
2005
Lot Size (sq. ft)
74,052 SF
Units
5

Location Insight

City
Avondale
County
Jefferson Parish
State
Louisiana
Latitude
29.9200487
Longitude
-90.2106172
6243 River Rd, Avondale, Louisiana

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6243 River Rd
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