Retail Business for Sale in Houma, LA

  • Price: $8.4M
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Houma, LA 70360

Description

25.0 acre, hard lit corner located on the Houma-Thibodaux MSA's major retail corridor of Martin Luther King Blvd. The property is available to purchase as a whole or subdivided into smaller sections (subject to $/SF negotiation). Zoned C2 - General Commercial, this tract is located on one of the most desired corners in Terrebonne Parish. Property has 1,167' of frontage on MLK Blvd. and 879' of frontage on Westside Blvd. (a new traffic artery connector between the mixed-use area of Park & Main to the Highway 311 residential corridor). Terrebonne General Hospital System will be building a new Health & Wellness Center complex nearby in the near future. Martin Luther King Blvd. is a multi-Parish retail hub featuring numerous national and regional retailers, restaurants, franchises, auto dealers, and medical users. Wal-Mart, Target, Sam's Club, Home Depot, Lowe's Academy, Best Buy, PetSmart, Hobby Lobby, Rouse's, Honda, Nissan, Harley Davidson, Chick-fil-A, Starbucks, McDonalds, Burger King, IHOP, Arby's Mooyah, Chili's, Hooters, Olive Garden, Outback, Smoothie King all rely on the strong traffic count and retail draw of MLK Blvd. Please note that the Seller has additional tracts available on Martin Luther King ranging from 3.5 to 25 acres (and subdividable) as well as the hard lit corner of Highway 311 and Savanne Road. For additional information, please contact agent Logan "Hank" Babin, III. Land Size: 25.0 Ac | Listing Type: FOR SALE

Market Context

This retail in Houma, LA is listed for sale at $8,440,000. It has been on the market for 23 days. Compare it against other retail listings for sale in Houma, LA — <a href="/search/sale/retail/louisiana/houma">view the full market</a>.

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