Turnkey 5-Unit
3447 Highway 1 Grand Isle, LA 70358
3447 Highway 1, Grand Isle, LA, 70358
$750,000
For Sale
$750,000
COMMERCIAL - Grand Isle, LA
Property Size3,840 SF
Lot Size0.35 Acres
Price / SF$195.31
Days on Market51
Property Features for 3447 Highway 1
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 3,840 SF
- Lot size
- 0.35 Acres
Taxes and HOA fees
- Tax Description
- Parts of Lots 1-B 2-B 3-B Meas 127.7 Ft on GI Hwy St Route #620 x 132.8 Ft on West Side x 106.63 Ft on East Side x 125 Ft in Width Oak Lawn Sub
Utilities
- Sewer type
- Private Sewer
- Heating system
- Central
- Cooling system
- Central Air, Ceiling Fan(s)
- Water source
- Public
Building Details
- Building materials
- Frame, Metal Const
- Roof type
- Metal
Listing agency
Island Realty
(985) 787-2747
Listed by
Sadie Galiano
(504) 352-8840
Added: Jun 1 Updated: Jul 11 at 4:36AM Checked: Jul 21 at 7:06AM
MLS# 2026010277
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.
Investment Insights
Based on property information with market context.
This turnkey, recently remodeled 5-unit motel is designed for immediate hospitality use. The property includes a welcoming common area for guests, and a dedicated fish-cleaning station, an amenity that supports anglers and vacationers. With units configured for both short-term vacation stays and longer-term renters, the building provides flexibility for day-to-day operations while maintaining an owner-operated feel.
Set on the Gulf Coast in Grand Isle, the motel is located at 3447 Highway 1. The surrounding area supports visitor convenience with nearby dining and shopping options, as well as easy access to the beach. Guests can also enjoy Gulf views from the property, adding to the coastal appeal.
For buyers seeking an operational hospitality asset, this property offers an established, income-oriented configuration with a layout that can serve a range of guest stays. The turnkey presentation and recent remodel make it well suited for an operator looking to step in and run a coastal lodging business without waiting for major upgrades. The combination of lodging units, guest gathering space, and on-site fish-cleaning functionality supports a targeted guest mix tied to beach and fishing activity.
Set on the Gulf Coast in Grand Isle, the motel is located at 3447 Highway 1. The surrounding area supports visitor convenience with nearby dining and shopping options, as well as easy access to the beach. Guests can also enjoy Gulf views from the property, adding to the coastal appeal.
For buyers seeking an operational hospitality asset, this property offers an established, income-oriented configuration with a layout that can serve a range of guest stays. The turnkey presentation and recent remodel make it well suited for an operator looking to step in and run a coastal lodging business without waiting for major upgrades. The combination of lodging units, guest gathering space, and on-site fish-cleaning functionality supports a targeted guest mix tied to beach and fishing activity.
Key Highlights
- 5‑unit motel in Grand Isle, Louisiana
- Recently remodeled property ready for operation
- Amenities include a common area and a dedicated fish‑cleaning station
Local Financial Insights For Hotel Hospitality
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 | $69.1k | $18.00 |
| − Vacancy | −$24.2k | −$6.30 |
| EGI | $44.9k | $11.70 |
| − OpEx | −$23.6k | −$6.14 |
| NOI | $21.3k | $5.56 |
3,840 SF · lease $18.00/SF/yr · vacancy 35.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$304.9K
$266.8K – $355.7K
NOI $21,341 @ 7.0% cap · market cap 2.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.01M
$886.5K – $1.18M
NOI $70,917 @ 7.0% cap · market cap 9.46%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Motels
Similar For Sale Nearby
Similar Off Market Nearby
- Grand Isle Beach Santiny Lane — 3000 LA-1, Grand Isle, LA 70358
- Camp Laid Back — 2911 LA-1, Grand Isle, LA 70358
- Tarpon Lounger B&B — 3006 LA-1, Grand Isle, LA 70358
- Grand Isle Beach Capital Lane — Grand Isle, LA 70358
- Grand Isle Beach at Aurora Lane — 2950 LA-1, Grand Isle, LA 70358
FAQs
What type of property is this?
Motel - Recently remodeled 5-unit motel with common area and dedicated fish-cleaning station for coastal hospitality operations.
Where is this motel located?
The property is located at 3447 Highway 1 Grand Isle, LA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 5‑unit motel in Grand Isle, Louisiana; Recently remodeled property ready for operation; Amenities include a common area and a dedicated fish‑cleaning station
