3047 Highway 1, Grand Isle, LA 70358
COMMERCIAL - Grand Isle, LA
- Added:
- Jan 16, 2026
- Days on Market:
- 172
- Last Refresh:
- Jul 7 at 8:06 am
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
- Active
- 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
- Private Sewer, Septic Tank
- Heating system
- Electric (Heating), Central
- 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
- Long‑established gas station and convenience store operating since 1959 in Grand Isle’s Business District
- Includes fuel pumps with non‑ethanol gasoline
- Property offers hot breakfast and lunch service
- Sale includes all trade fixtures, furnishings, and inventory for immediate operation
- Utilities include public water and private sewer with a septic tank
- Metal roof and concrete construction with central heating and central air
Overview
Located on Highway 1 in Grand Isle, the site is described as being on the highest elevation of the island and within the heart of the Business District, supporting straightforward access and strong visibility for passersby.
For owner-operators or buyers looking to step into a fully equipped fuel-and-convenience operation, this sale structure is designed to reduce start-up friction by conveying the operating components, including fixtures, furnishings, and inventory. The current merchandising and ready-to-run setup aligns with a format that can serve day-to-day needs and capitalize on the property’s stated seasonal draw, including over 30,000 visitors to Grand Isle during a typical summer weekend.
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
