Current Use by Public Records
- Commercial real estate
Property Details for 11052 Hwy 1078 Hwy
- Year built
- 1984
- Lot size
- 1.85 lot acres
- Property type
- Commercial real estate
Description
This exceptional opportunity presents the acquisition of a well-established convenience store and accompanying land in the rapidly developing western region of St. Tammany Parish, Louisiana. Located at 11052 Highway 1078, Folsom, LA, this 1,200 square foot commercial property sits on a spacious 1.85-acre lot. The business, a local landmark operating since 1923, boasts a rich history with only three owners in the past 65 years. The sale includes the land, building, existing inventory, equipment, and fixtures, offering a turnkey operation. The convenience store offers a diverse range of products including groceries, snacks, coffee, and assorted beverages. A fully functional kitchen provides breakfast and lunch service. The property holds all necessary permits, including licenses for the sale of tobacco, wine, and beer (up to 11% alcohol content). Infrastructure includes a septic system and a drinking water well, both recently updated and inspected to meet regulatory standards. The building itself, constructed in 1984, underwent a comprehensive renovation five years ago, encompassing the replacement of plumbing and electrical systems, interior refinishing, and upgrades to the water well and septic systems. Situated in an X Flood Zone, this property has also enjoyed unique exposure, having served as a location for two films, a commercial, and a photoshoot for the New Orleans Saints Saintsations. Owner financing is available, making this a truly compelling investment prospect.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Folsom
- County
- St Tammany
- State
- Louisiana
- Longitude
- -90.227
- Latitude
- 30.5791
