838 DERBIGNY ST, zoned C-1

Multi-Family for Sale
Catylist Listing ID: 30294755
Number of Units: 7 Units
Building Size (RSF): 4,200 SF
Gross Building Area: 5,417 SF
Gross Land Area: 11,040 SF
Sale Price: $650,000
Unit Price: $92,857.14 Per Unit
Ceiling: 9 ft.
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Usable Size (USF): 4,200 SF
Sale Terms: Cash to Seller
Average Occupancy Rate: 90
Last Updated: 12/2/2019

Overview / Comments

PRIME AREA OF GRETNA, FEW BLOCKS TO JEFF PARISH COURTHOUSE, 3 DOUBLES AND A CORNER BUILDING FORMERLY A RESTAURANT. ALL 6 UNITS ARE CURRENTLY RENTED TO LONG TERM TENANTS. BUILDING ON CORNER IS VACANT AND WAS RENTED FOR $2500 PER MO.

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Westbank
Taxing Authority: Jeffersonpp
Tax ID/APN: LOT 20, SQ 23-AA1
Zoning: COMMERCIAL/RESIDENTIAL
Percent Occupied: 75%
Community Amenities: Community Building
Property Located Between: 8TH AND 9TH
Highway Access: WESTBANK EXPRESSWAY
Airports: MOISANT
Site Description: CORNER RESTAURANT AND THREE DOUBLES FACING DERBIGNY HAS 9 OFF STREET PARKING IN REAR WITH COIN OPERATED LAUNDROMAT FOR ALL TENANTS
Area Description: SEVERAL BLOCKS FROM THE JEFFERSON PARISH COURTHOUSE, GREAT LOCATION
Total Number of Buildings: 4
Property Condition: Excellent
Number of Stories: 1
Roof Type: Gable
Construction/Siding: Vinyl Siding
Exterior Description: VERY WELL MAINTAINED PROPERTY
Parking Ratio: 1.5 (per 1000 SF)
Parking Type: Surface
Parking Description: OFF STREET PARKING IN REAR FOR 9 CARS
Total Parking Spaces: 9
Laundry: Shared
Sprinklers: None
Heat Type: Electricity
Heat Source: Central
Fuel: Gas, Electric
Air Conditioning: Engineered System
Internet Access: Cable, Satellite
Interior Description: 3 DOUBLES USED PRESENTLY USEDAS RESIDENTIAL; 2 BED,1 BA,AND 1BD,1BA COULD BE USED AS OFFICES; CORNER BUILDING IS VACANT
Zoning Description: COMMERCIAL/RESIDENTIAL
Lot Frontage: 120
Lot Depth: 92
Water Service: Municipal
Sewer Type: Municipal
Legal Description: LOTS 20,21,22 & PT OF LOT 23, SQ 23 NEW MECHANICKHAM

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 15,922 165,850 381,643
Median Age: 36.22 36.44 36.11
Households: 6,160 69,037 153,474

Contact

Photograph of Listing Agent

Sissy E Wood

Sissy Wood, Inc., REALTORS® Metairie, LA 70005-4551
LACDB Member
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