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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

518 St Mary St Thibodaux, LA 70301

1,815 SF 0.4 ac lot
Property ID
Property summary
AI-generated overview

This 1,815 square foot restaurant in Thibodaux, Louisiana, is available for $550,000. Located at 518 St Mary St, this property boasts a prime location in a high-traffic area, ensuring excellent visibility and customer accessibility. The building, renovated in 2021, is exceptionally well-equipped for a seafood restaurant, featuring a stainless-steel boiling and cleaning area, a substantial 7 x 20 cooler, and a 7 x 6 freezer. These high-quality, commercial-grade appliances are ready for immediate use, minimizing the need for significant upfront investment. The 0.4-acre lot provides ample parking for patrons, further enhancing the property's appeal. This turnkey operation presents a unique opportunity for an entrepreneur to step into a fully functional and well-maintained restaurant, immediately capitalizing on its established location and existing infrastructure. The property's recent renovation ensures that it meets modern standards and is ready for immediate occupancy. Its strategic location in Thibodaux, Louisiana, within Lafourche Parish (zip code 70301), offers significant potential for growth and profitability. This is an exceptional opportunity to acquire a well-established and profitable business in a thriving community.

Property profile
Verified
Property type Retail properties & Spaces
Total area 1,815 SF
Lot 0.4 ac (17,424 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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