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Property profile

518 Hwy 916 Hwy Sicily Island, LA 71368

OFF-MARKET
Specialty properties
6,328 SF 1 ac lot
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Property summary

AI-generated overview

This exceptional commercial property in Sicily Island, Louisiana, presents a unique investment opportunity. Located at 518 HIGHWAY 916 Highway, this 1-acre lot encompasses a 6,328 square foot building currently operating as a skating rink. The property boasts a fully equipped gaming area complete with pool tables and a dedicated eating area featuring pre-installed booths. This turnkey operation includes all building fixtures, equipment, and existing inventory, offering immediate operational potential. The property's heating and cooling systems are approximately 5-7 years old, ensuring efficient climate control. Recent improvements also include both front and back decks, both less than 5 years old. The asking price for this complete package is $60,000. This property is zoned for commercial use and presents a rare chance to acquire an established business with significant upside potential in a desirable location. The property's address is 518 HIGHWAY 916 Highway, Sicily Island, LA 71368. This is a truly unique opportunity for an entrepreneur looking to establish or expand their business in a thriving community. The property is situated in Catahoula Parish, Louisiana.

Property profile

Verified
Property type Specialty properties
Total area 6,328 SF
Lot 1 ac (43,560 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

518 Hwy 916 Hwy Sicily Island, LA 71368
Sicily Island metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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