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29344463
29344469

4513 LA-46, St. Bernard, LA 70085

AC
995705039
$1,300,000
142 days on market
Updated 142 days ago

Lancaster’s Crossroads

Details
Property Type Mixed Use, Retail
Sub Type Convenience Store
Units 1
Cap Rate 6.38%
NOI $83,000
Occupancy 75%
Broker Co-Op Yes
Class C
Acreage 0.980
Zoning A-1
Investment Type Value Add
Ownership Fee simple

Mixed-Use Retail | Multiple Income Streams | Value-Add Opportunity

Marketing description

Lancaster’s Crossroads is a well-established, income-producing mixed-use retail investment located in St. Bernard Parish, Louisiana. The property is anchored by an operating convenience store and is supported by multiple diversified revenue streams, including a car and boat wash, boat storage sheds, camper/RV rental spots, and additional land for future expansion.

The site offers strong in-place cash flow with value-add upside through rent optimization, expansion of RV/camper spots, additional storage units, or activation of unused interior space within the store. The property benefits from high visibility, local traffic flow, and a loyal customer base serving both residents and recreational boaters.

The convenience store holds a liquor license, providing a stable core income driver, while the ancillary income streams create risk diversification not typically found in single-use retail assets. A ±0.5-acre rear parcel presents a compelling opportunity for further development or income expansion, subject to zoning and approvals.

This offering is well-suited for investors seeking steady cash flow, as well as owner-operators looking for an established business with multiple upside avenues.

Investment highlights

  • Operating convenience store with liquor license

  • Multiple income streams: car & boat wash, boat sheds, RV/camper spots

  • Diversified revenue reduces reliance on single tenant income

  • Value-add opportunity through expansion of storage or RV sites

  • ±0.5 acre of additional land for future development

  • Strong local traffic and visibility

  • Ideal for investor or owner-operator

  • Pro-forma upside through improved management and rent optimization

  • Mixed-use asset with long-term hold potential

Listing Contacts

AC
995705039

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$83,000.00
$6,916.67/mo

Valuation Metrics

0
DSCR
6.38%
Cap Rate
6.38%
ROI

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