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1002 N Arnoult Rd
Metairie, LA 70001
Metairie Retail/Multi-Family Property · Retail Property For Sale
Investment Highlights
- 4,450 SF Standalone Retail/Multi-Family Building
- Four Apartments Upstairs, Leased for Several Years
- Long-Term Grocery Tenant in 2250 SF 1st Floor Space
- Owner Financing Available
Property Facts
Property Type
Retail
Property Subtype
Building Size
4,500 SF
Building Class
C
Year Built
1950
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.86
Lot Size
0.12 AC
Zoning
R2
Parking
18 Spaces (4 Spaces per 1,000 SF Leased)
Frontage
83’ on N Arnoult Rd
Amenities
- Corner Lot
- Dedicated Turn Lane
- Signage
- Air Conditioning
About 1002 N ARNOULT RD , METAIRIE, LA 70001
Owner-financing terms available on this retail/multifamily property in Metairie. Includes long-term grocery tenant in the 2250 SF first floor space and four 550-SF apartments on the second floor. Gross annual income of $67,500 with net income of $60,000. See attachment for terms of owner financing - 4.5% at 20-year amortization with 20% down. Apartments consist of (2) 1 bedroom and (2) 2 bedroom. Potential for increased rents. Tenants have been in place for several years.
Property Taxes
| Parcel Number | 0820035893 | Improvements Assessment | $64,990 |
| Land Assessment | $8,180 | Total Assessment | $73,170 |
Property Taxes
Parcel Number
0820035893
Land Assessment
$8,180
Improvements Assessment
$64,990
Total Assessment
$73,170
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