1804-1806 Lafayette St - Storefront Retail/Residential FOR SALE


Gretna, LA 70053- Westbank
$650,000 USD
504-251-3786
1804-1806 Lafayette St, Gretna, LA for Sale
$650,000 USD
Storefront Retail/Residential - FOR SALE
1/2
null | Request Cap Rate

1804-1806 Lafayette St
Gretna, LA 70053
Westbank


OVERVIEW

Great Investment Property located in a Zone C-1 Commercial Neighborhood, DOTD estimate traffic of 27,941 vehicle per day. Property current has tenants with short term leases with . This Property is being marketed as an owner-user property suitable for residential, commercial, and cultural developments. Potential uses range from mixed-use developments combining retail and residential spaces to a distinctive commercial hub. This Property is also located in a vibrant neighborhood not far the Mississippi River Bridge. This Property offers a unique opportunity for transformative urban development. Property is PRICED be sold in "AS IS" without Repairs. The Property is currently configured as follows: Front is potentially a Retail/Bedroom space approx 1200 SF with office, kitchen, 1/2 bath. APT A. (On top of the Retail/Bedroom) is a 2 bedroom Apartment with 2 full bath , large kitchen and family room , huge walk in closets , laundry room apt approximately 1500 SF. Apt B (bottom) is a 4 bedroom with 2 full bath, large living room, huge kitchen and dining. Walk in closets, walk in laundry room . This apartment is approximately 2100 SF. On top of apt B . Is Apt C is a 2 bedroom with 1 full bath, large kitchen with a big pantry and a walk in laundry room. Huge family room the apartment is approximately 1600 SF . Potential Rental Revenue can approach $8500 Lastly the Seller is Highly Motivated.

FOR SALE DETAILS

PRICE

$650,000 USD

PRICE/SF

$104 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,017 SF

ZONING

S1

APN/PARCEL ID

0100000556

ASK ABOUT THIS PROPERTY

Alex RoyalWatermark Realty, LLCMore Info
504-251-3786

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Alex RoyalWatermark Realty, LLCMore Info
504-251-3786

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.