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1804-1806 Lafayette St
Gretna, LA 70053
Retail Property For Sale


Executive Summary
Great Investment Property located in a Zone C-1 Commercial Neighborhood, DOTD estimate traffic of 27,941 vehicle per day. Property current configured as a 4plex. 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. Property is PRICED be sold in "AS IS" without Repairs. The Property is currently configured as follows: Apt A. Large 2 Bedroom Apartment with 1 1/2 Bath space approx. 1200 SF with office, kitchen, $2000 APT B. (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. $1500 Apt C (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 . $2000 Apt D 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 . $1500 Potential Rental Revenue can approach $8500 Lastly the Seller is Highly Motivated. Please call agent Alex Royal for more information (504) 251-3786. Please do not approach tenants.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,242 SF
Building Class
C
Year Built
1960
Price
$600,000
Price Per SF
$96.12
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.69
Lot Size
0.21 AC
Zoning
S1
Parking
8 Spaces (1.28 Spaces per 1,000 SF Leased)
Frontage
61’ on Lafayette St
Amenities
- Bus Line
- Dedicated Turn Lane
- Signage
Property Taxes
| Parcel Number | 0100000556 | Improvements Assessment | $17,200 |
| Land Assessment | $10,800 | Total Assessment | $28,000 |
Property Taxes
Parcel Number
0100000556
Land Assessment
$10,800
Improvements Assessment
$17,200
Total Assessment
$28,000
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