1918 LA-22

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1918 LA-22

Madisonville, LA 70447
Asking Price
$400K
Asset Type
Retail
Class
Class B

What's Special

Located at 1918 LA-22, this retail property is situated in the growing Madisonville corridor within St. Tammany Parish. The site occupies a high-visibility position along a primary east-west arterial connecting Madisonville to Mandeville and Interstate 12. The surrounding neighborhood features a mix of established residential subdivisions, local boutiques, and professional service offices. Nearby amenities include regional grocers, maritime-related businesses along the Tchefuncte River, and national quick-service dining brands. The location benefits from steady commuter traffic and easy accessibility for residents across the Northshore region. The property is suited for a variety of commercial applications, including boutique retail, specialty medical clinics, or showroom space. Given the local demographics, the asset is well-positioned for service-oriented tenants such as fitness studios, veterinary offices, or high-end personal care salons. The site’s footprint and street frontage cater to businesses requiring clear signage and frequent client turnover. Typical tenants for this area include local owner-operators and regional franchises seeking to tap into the affluent residential base of the Madisonville-Mandeville market.

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NOI
$80,000
Cap Rate
20.00%
DSCR
3.37
Strong
Cash-on-Cash
46.88%
Monthly Payment
$1,978.982
Annual Cash Flow
$56,252.219

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