Commercial Building + 6 plex in Heart of Metairie

Retail-Commercial for Sale
Catylist Listing ID: 30769377
Property Subtypes: Mixed Use, Vehicle Related
Building Size (RSF): 6,313 SF
Gross Building Area: 6,539 SF
Gross Land Area: 13,320 SF
Sale Price: $945,000
Unit Price: $149.69 PSF
Ceiling: 9 ft.
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/9/2021

Overview / Comments

Amazing investment opportunity! 2 commercial lots with rental income. Solid brick buildings built by an engineer. NEVER flooded & no roof damage during storms. Iron work for the New Orleans look. Rare 6 plex in the heart of Metairie with rental potential of $5700+ or turn into office space for even more income. Coin operated laundry room on site, off street parking for all tenants. New windows and Bahama shutters that are hurricane proof. Garage/ office space: 1800 sq ft with office, bathroom and 3 garage doors. Must see!

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Tax ID/APN: 67984
Zoning: C1
Retail Clientele: General
Property Located Between: Veterans and I-10 Behind BJ's Pawn Shop
Property Visibility: Good
Largest Nearby Street: Veterans
Feet of Frontage: 120
Tenancy: Multiple Tenants
Total Number of Buildings: 2
Number of Stories: 2
Property Condition: Good
Year Built: 1981
Roof Type: Flat
Construction/Siding: Other
Exterior Description: Garage building is Cinder Block
Parking Type: Surface
Parking Description: Off street parking
Air Conditioning: Window Unit
Zoning Description: C1
Lot Frontage: 60
Lot Depth: 111
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 29,666 147,861 307,950
Median Age: 36.78 41.8 39.03
Households: 13,202 64,918 128,887


Photograph of Listing Agent

Lawrence E Trunk

Larry Trunk Inc Metairie, LA 70003-4506
LACDB Member
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