18390 Ln Hwy 16 - Denham SpgDenham Springs, LA 70726

  • Retail properties
  • 2,800 SF
For Sale
$1,400,000 View listing

Property Details for 18390 Ln Hwy 16 - Denham Spg

Year built
1995
Lot size
0.24 AC
Property size (Sq ft)
2,800 SF
Property type
Retail properties
Property subtype
Other retail properties

Description

This exceptional turnkey convenience store and gas station, located at 18390 LA Highway 16 in Denham Springs, Louisiana, presents a compelling investment opportunity. The 2,800 square foot property, built in 1995 and renovated in 2010, sits on a 0.24-acre lot and boasts 100% occupancy. Currently operating as the River Place C-Store, this established business offers a diverse range of products and services, including fuel, hot food, snacks, beverages, automotive essentials, and vape products, catering to a wide customer base. The asking price is $1,400,000, translating to $500 per square foot. Financial performance is strong, with high fuel volume and significant revenue potential for future growth through strategic marketing and business initiatives. The location benefits from strong demographics, with over 32,528 residents within a 5-mile radius and an average household income of $97,550. Daily traffic counts exceed 16,600 vehicles, ensuring high visibility and customer traffic. This owner-user investment offers a stable, immediately operational business with significant upside potential. The property's strong performance and location make it an attractive option for investors seeking a turnkey operation with immediate cash flow and long-term growth prospects. The diverse product offerings and established customer base provide a solid foundation for continued success. This is a rare opportunity to acquire a thriving business in a prime location with significant growth potential.

18390 Ln Hwy 16 - Denham Spg, Denham Springs, Louisiana

Location Insight

City
Denham Springs
County
Saint Helena
State
Louisiana
Latitude
30.3339
Longitude
-90.85

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