18390 Ln Hwy 16 - Denham Spg Denham Springs, LA 70726

Property Details for 18390 Ln Hwy 16 - Denham Spg

Year built

1995

Lot size

0.24 lot acres

Property size

2,800 SF

Property type

Retail properties

Property subtype

Retail space

Description

This exceptional turnkey convenience store and gas station, located at 18390 LA Highway 16 in Denham Springs, Louisiana, presents a compelling investment opportunity. The 2,800 square foot property, built in 1995 and renovated in 2010, sits on a 0.24-acre lot and boasts 100% occupancy. Currently operating as the River Place C-Store, this established business offers a diverse range of products and services, including fuel, hot food, snacks, beverages, automotive essentials, and vape products, catering to a wide customer base. The asking price is $1,400,000, translating to $500 per square foot. Financial performance is strong, with high fuel volume and significant revenue potential for future growth through strategic marketing and business initiatives. The location benefits from strong demographics, with over 32,528 residents within a 5-mile radius and an average household income of $97,550. Daily traffic counts exceed 16,600 vehicles, ensuring high visibility and customer traffic. This owner-user investment offers a stable, immediately operational business with significant upside potential. The property's strong performance and location make it an attractive option for investors seeking a turnkey operation with immediate cash flow and long-term growth prospects. The diverse product offerings and established customer base provide a solid foundation for continued success. This is a rare opportunity to acquire a thriving business in a prime location with significant growth potential.

Location Insight

City

Denham Springs

County

Saint Helena

State

Louisiana

Longitude

-90.85

Latitude

30.3339