3047 Highway 1, Grand Isle, LA 70358
- Added:
- Jan 16, 2026
- Days on Market:
- 155
- Last Refresh:
- Jun 20 at 5:06 pm
Property Features for 3047 Highway 1
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Exterior features
- Door Sign
- Standard status
- Pending
- Size
- 2,040 SF
- Lot size
- 0.33 Acres
Taxes and HOA fees
- Tax Description
- Pt of Ground Sec 28 T22 SR24E Grand Isle
Utilities
- Sewer type
- Septic Tank, Private Sewer
- Heating system
- Central, Electric (Heating)
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Floors in Building
- 1
- Building materials
- Concrete
- Roof type
- Metal
Listing agent Sadie Galiano (504) 352-8840
Listing office Island Realty 3152 C Hwy 1, Grand Isle, LA (985) 787-2747
Listing date Jan 16, 2026
Copyright © 2026 Bayou Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Turnkey business opportunity: Includes all trade fixtures, furnishings, and inventory for immediate operation.
- Established business with strong reputation: Operating as a local landmark since 1959.
- High‑traffic location in Grand Isle's Business District: Benefits from over 30,000 visitors during peak season.
- Diverse revenue streams: Gas station, convenience store, and hot food service.
- Non‑ethanol gasoline: Caters to boaters and coastal traffic.
- High elevation location: Offers excellent visibility and accessibility.
Overview
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $47.0k | $23.04 |
| − Vacancy | −$940 | −$0.46 |
| EGI | $46.1k | $22.58 |
| − OpEx | −$11.5k | −$5.64 |
| NOI | $34.5k | $16.93 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Grand Isle
- County
- Jefferson
- State
- Louisiana
- Longitude
- -89.998644
- Latitude
- 29.2305928
