506 Highway 2 Sterlington, LA 71280
- Mixed-use properties
- 7,202 SF
- 1.28 lot acres
Current Use by Public Records
- Mixed-use properties
Property Details for 506 Highway 2
- Lot size
- 1.28 lot acres
- Property size
- 7,202 SF
- Property type
- Mixed-use properties
Description
This exceptional mixed-use property at 506 Highway 2, Sterlington, LA, presents a lucrative investment opportunity. Spanning 1.28 acres, the 7,202 square foot building houses a thriving, turnkey self-storage business generating approximately $80,000 in annual gross potential income. The self-storage component includes a variety of unit sizes, offering climate-controlled options, outdoor units, and covered and uncovered spaces for RVs and boats. Security features include 24/7 surveillance and key-coded access, ensuring peace of mind for both owners and tenants. Beyond the self-storage operation, the property also boasts an established retail tenant and a sizable, vacant office/retail space, providing additional income streams or expansion possibilities. This versatile property is ideally situated in Sterlington, offering convenient access to major roadways and a strong local market. The existing infrastructure and established clientele provide a solid foundation for continued growth and profitability. This is a rare opportunity to acquire a cash-flowing, multi-faceted commercial property with significant upside potential. The property is priced at $335,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Sterlington
- County
- OUACHITA
- State
- Louisiana
- Longitude
- -92.144
- Latitude
- 32.7242
