Investment or Income Potential in Intracoastal City, LA
NEW!! Amazing Opportunity near the Intracoastal Canal in Vermillion Parish!
.4 Acres and 7150 Sq Ft 2 story building with metal shed only a boat ride away from Vermillion Bay and Gulf of Mexico!
Located at 25204 Intracoastal City, in Vermillion Parish, this approx. 7150 sqft 2 story building, of which the upstairs is currently used as a camp and guest rooms by the current owner, has tons of potential for many other uses. This cinder block building was gutted and totally remodeled 4-5 years ago by the current owner and has a new metal roof. The current layout has 5 units top and bottom, along with an additional master suite or unit upstairs for a total of 11 self contained units with separate electric meters. The upstairs master suite or unit consists of approx 980 sqft and has 2BR & 2BA along with a large open kitchen/living/dining area and also has an adjoining approx 450 sqft sun room/kitchen with a half bath. The other 10 units are approx. 570 sqft each and are configured as 1BR & BA with an open kitchen and living area. The upstairs units have shower tub combos and are furnished and have appliances along with the master suite and its adjacent sun room/kitchen. The downstairs units have tile showers and are ready for furniture and appliances. There is also a 16′ x 36′ metal shed with a large roll up and walk in door with a tall ceiling that could be used to store a boat or for whatever storage needs you may have. The building and shed sit on 3 lots that total approx. 0.40+/- acres.
Currently used as the owner’s camp, it would be ideal as a camp or gathering place for a large family or corporate retreat/fishing camp and would also be ideal set up as lodging for an outfitter or guide service or rentals for fishermen and hunter’s as there is a busy public boat launch on the Intracoastal Canal across the street. Vermillion Bay and the Gulf of Mexico are a short boat ride away. There is plenty of fishing opportunity along with some duck hunting available in Vermillion Bay and the duck and goose fields of Geuydan and Kaplan are not far away. Use as apartments or rentals for oil field service workers in the area is also a possibility with this property as well as an owner/manager live in situation for someone looking for an investment with income. The master suite could be used by the owner/manager and there would still be 10 others units available. Palmetto State Park is also close by. Conveniently located within 45 minutes or less from Lafayette and less than 2 hours from Baton Rouge or Lake Charles, with great income potential, and a near new building, this property is definitely worth taking a look.
Asking price is $750,000.
***See Documents Tab for Mapping***
For more information or to schedule a showing, call Troy Thompson at 318-447-7676 or 318-876-2622.
Licensed by the Louisiana and Mississippi Real Estate Commissions.
Contact: TROY THOMPSON