18590 La-16 Port Vincent, LA 70726
- Lifestyle centers
- 5,030 SF
- 1.72 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 18590 La-16
- Lot size
- 1.72 lot acres
- Property size
- 5,030 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional investment opportunity presents a 5,030 square foot retail center and self-storage complex, ideally situated on a 1.72-acre lot at 18590 LA-16 in Port Vincent, Louisiana, zip code 70726. The property boasts three buildings, all single-story, and features a diverse tenant mix including Domino's Pizza, Chris' Pharmacy, Cuts-N-Such Hair Salon, and Small Town Nutrition. The retail center is currently 100% occupied, generating income below market rates, presenting significant upside potential. The accompanying self-storage facility comprises 70 units, ranging in size from 5x5 to 10x25, adding another revenue stream. The property benefits from high visibility due to its corner location on Hwy 16 and Clio St, experiencing approximately 12,521 vehicles daily. Conveniently located approximately 0.5 miles from Fred's on the River, the property offers ample parking and five points of access for ease of use. The property is located in flood zone X, providing peace of mind. The asking price for this multi-tenant property is $675,000, with a price per square foot of $134.19. This is a rare opportunity to acquire a well-established, income-producing property in a desirable location.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Port Vincent
- County
- Livingston Parish
- State
- Louisiana
- Longitude
- -90.8472
- Latitude
- 30.3368
