Gas Station & C-Store on High Traffic Corner in Houma

Retail-Commercial for Sale
Also listed as Business Opportunity
Catylist Listing ID: 30868663
Property Subtypes: Convenience Store, Service Station/Gas Station
Building Size (RSF): 1,292 SF
Gross Building Area: See Agent
Gross Land Area: 0.49 Acres
Sale Price: $1,080,000
Unit Price: $835.91 PSF
Property Use Type: Business
Building Name: Southdown Express Chevron
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/9/2024

Overview / Comments

BUSINESS OPPORTUNITY FOR SALE!!! This newly renovated gas station and convenience store sits at the high traffic, hard-lit corner of LA Highway 311 and LA Highway 664 (St. Charles Blvd.) in Houma, LA. The half-acre lot is improved with a 1,292 Sf convenience store and four (4) dual-sided, pay at the pump, Multiple Product Dispensers (MPDs).

The interior of the convenience store was remodeled in 2022 and has a new A/C, new wiring, new plumbing, new doors and windows, and a new food area. The walk-in cooler has new doors and a new compressor. Hunt Brothers Pizza is a featured vendor inside and has a new oven and freezer. There is a Starbucks Coffee product machine which grinds fresh coffee. Besides standard items for sale, the store also offers lottery tickets, propane, ice, and ice cream. The store is approved to accept food stamps, if desired.

The fuel contract is with Retif Oil (Chevron). There is a new dual canopy over the new MPDs. Plus there is a new sign on the corner and a new roof on the store.

Traffic on the hard-lit corner is very high with 14,085 CPD measured on LA Highway 311 and 22,034 CPD on LA Highway 664 (St. Charles).

The sales price includes the real estate, the FF&E, and the business.

Additional Details

Nearest MSA: Houma-Thibodaux
County: Terrebonne
Tax ID/APN: 10413
Property Visibility: Excellent
Largest Nearby Street: LA Highway 311 & St. Charles
Traffic/Vehicle Count: 36,119
Highway Access: Hard-lit corner frontage on LA Highway 311 (14,085 CPD) & LA Highway 664/St. Charles (22,034 CPD)
Property Condition: Excellent
Year Renovated: 2022
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 8,430 48,701 66,815
Median Age: 41.72 36.22 35.35
Households: 3,200 18,586 24,983


Photograph of Listing Agent

Hank Babin, III, CRE

Logan Babin Real Estate Houma, LA 70360
LACDB Member
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