18590 La-16Port Vincent, LA 70726

Property Details for 18590 La-16

Lot size

1.72 AC

Property size (Sq ft)

5,030 SF

Property type

Lifestyle centers

Property subtype

Power centers

Description

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.

Location Insight

City

Port Vincent

County

Livingston Parish

State

Louisiana

Latitude

30.3368

Longitude

-90.8472

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