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2209 Richard St Abbeville, LA 70510

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For Sale
$1,600,000

Self-storage facility with warehouse conversion and apartment in Abbeville.

Property size:
22,420 SF

Property Features for 2209 Richard St

General Information

Size
22,420 SF

Source: Kristen Asman Agent Kristen Asman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Value-Add Storage Facility with Apartment

Located in the Lafayette MSA, a fast-growing area in Louisiana, this property offers a value-add self-storage opportunity. The facility features 22,100 square feet, including 12,400 square feet of non-climate storage, a newly converted 8,200-square-foot warehouse with 67 climate-controlled units, and a 1,500-square-foot three-bedroom apartment. The property is fully fenced and equipped with a remote management system. Situated in the heart of the Abbeville retail area, it is located behind a Walgreens and next to a nursing home and apartment complex. The location benefits from high traffic, with 17,000 cars passing by daily on Veterans Memorial Drive. The surrounding area has a population of 15,000 within a 3-mile radius. The property is located in Abbeville, the county seat of Vermillion Parish, approximately 150 miles west of New Orleans and 60 miles southwest of Baton Rouge. Abbeville is an agricultural trade and processing center and services oil and natural gas fields in the Gulf of Mexico. The area has a low self-storage saturation rate of 6.7 SF/Capita within a 5-mile radius, indicating potential for growth.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Self storage facilities

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Abbeville
County
Vermilion
State
Louisiana
Longitude
-92.110225
Latitude
29.981144

FAQs

What type of property is this?
Self storage facility - Self-storage facility with warehouse conversion and apartment in Abbeville.
Where is this self storage facility located?
The property is located at 2209 Richard St Abbeville, LA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: - Brand new conversion of 8,200 SF warehouse into 67 climate-controlled storage units; - Located in the rapidly growing Lafayette MSA; - Low self-storage saturation rate of 6.7 SF/Capita within a 5-mile radius
More about this property
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