Listing Summary
This unique commercial property presents a high-potential opportunity to acquire the fee simple interest in a freestanding 3,680± square foot sports bar and casino facility situated on an expansive 6.29 acres in the booming city of Broussard, Louisiana.
Full Description
Commercial Real Estate Investment Offering: Joey's Sports Bar & Casino
Turnkey Hospitality & Gaming Facility on Massive 6.29-Acre Parcel – Prime Owner-User or Redevelopment Opportunity in the Lafayette MSA
Property Overview
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Address: 1115 Terrace Highway, Broussard, LA 70518
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Offering Price: $1,600,000
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Property Type: Retail / Hospitality (Bar, Restaurant, and Casino)
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Gross Leasable Area (GLA): ± 3,680 SF
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Land Area: ± 6.29 Acres (273,992 SF)
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Zoning: General Commercial
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Occupancy / Status: Turnkey Delivery for Immediate Owner-User Operation
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Inclusions: Complete operational bar/restaurant equipment and fixtures included in the sale
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Ownership Interest: Fee Simple (Land & Building Ownership)
Executive Summary: Turnkey Bar & Casino Asset with Extensive Acreage
This unique commercial property presents a high-potential opportunity to acquire the fee simple interest in a freestanding 3,680± square foot sports bar and casino facility situated on an expansive 6.29 acres in the booming city of Broussard, Louisiana. Operating as Joey’s Sports Bar, this asset is being delivered fully equipped with all in-place commercial kitchen/bar infrastructure, equipment, and hospitality fixtures included in the purchase price. This turnkey delivery significantly lowers the barrier to entry, eliminating steep startup capitalization costs and allowing an incoming operator to begin revenue-generating operations on day one.
Featuring an uncommonly large 6.29-acre footprint, the property offers unmatched versatility:
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Immediate Owner-User Operation: Perfectly configured for an independent nightlife operator, regional sports bar brand, or gaming venue owner looking to establish a dominant physical presence.
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Gaming and Entertainment Potential: Located in a highly favorable regional market with historical infrastructure built for video poker/slot machine gaming integration.
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Expansive Commercial Redevelopment: With an exceptionally low building-to-land coverage ratio across more than 6 acres of General Commercial land, the site offers an adaptable canvas for auxiliary commercial development, an RV/campground expansion, or total retail site repositioning.
Strategic Logistical Location & High-Traffic Retail Synergy
The property benefits from excellent positioning within St. Martin Parish, just inside the edge of Broussard's key commercial limits. This location balances accessible parish regulations with rapid transit connectivity to major shipping and commuter corridors.
Key Traffic Drivers & Asset Synergy:
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Immediate Highway Proximity: Situated directly along Terrace Highway (5,800 vehicles passing daily), with immediate transit access to US Highway 90—the primary economic and retail arterial serving Broussard—which carries a massive 34,300+ vehicles per day (VPD).
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Dense National Tenant Corridor: The asset sits within a heavily trafficked retail node, benefiting from massive daily consumer draw and crossover exposure generated by neighboring retail anchors, including a high-volume Walmart Supercenter, The Home Depot, Walgreens, Starbucks, AutoZone, and Dollar General.
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Proximity to Regional Traffic Anchors: Located just minutes from major local employment and sports tourism hubs, including the premier St. Julien Park/Sports Complex, ensuring a steady stream of game-day patrons and local workforce clientele.
Robust Lafayette MSA Demographics & Asset Performance Value
Positioned within the resilient Lafayette Metropolitan Statistical Area (MSA), Broussard stands out for its high-growth residential populations and affluent, corporate-backed household income metrics.
| Investment Attribute |
Strategic Value & Real Estate Intrinsic Strength |
| Turnkey Inclusions |
Complete equipment package limits capital expenditures (CapEx) and accelerates commercial occupancy timelines. |
| Acreage Value Margin |
Buying 6.29 acres of General Commercial land in a thriving retail corridor provides an incredibly safe, asset-backed foundation for equity preservation. |
| Passive or Active Flexibility |
Suited for an aggressive owner-operator targeting high-margin food, beverage, and gaming revenue, or an investor executing a strategic 1031 exchange into a valuable land-banking play. |
This property represents a rare combination of immediate cash-flowing operational utility, institutional-grade retail proximity, and immense underlying land value.
Quick Glance
- Listing ID:
CL-Louisiana-27766
- Status:
Active
- Year Build:
2002
- Building Size:
3,680 SqFt
- Lot Size:
6 Acr