Single-Family Home with
1320 Friedrichs Street Gretna, LA 70053
For Sale
$205,000
COMMERCIAL - Gretna, LA
Property Size1,700 SF
Lot Size0.60 Acres
Price / SF$120.59
Days on Market95
Property Features for 1320 Friedrichs Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Covered
- Exterior features
- Storage, Pole Sign
- Standard status
- Active
- Size
- 1,700 SF
- Lot size
- 0.60 Acres
Taxes and HOA fees
- Tax Description
- DIST:10 CITY/MUNI/TWP:GRETNA LOTS 37 & 38 SQ 47 OAKDALE
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Building materials
- Frame
- Roof type
- Tile
- Additional Structures
- Storage
Listing Agency:
Real Broker LLC
(855) 450-0442
Listed By:
Natasha Amaya Engle · License #0099563967
(855) 450-0442
Added: Apr 21
Changed: Jul 6
Last Checked: Jul 24 at 12:06PM
MLS# 2026007305
Copyright © 2026 Greater Baton Rouge Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This single-family residence offers 3 bedrooms and 2 bathrooms, with additional flexible interior space including a bonus room opening directly to the outdoors and an office with built-ins that can serve as a potential fourth bedroom. The home is described as built with sturdy cypress studs, and interior finishes include knotty pine wood paneling under paneling and wallpaper. A major feature of the property is a massive 28x47 workshop, which can provide options for business use or conversion possibilities. Outside, the property includes an enclosed fenced yard with mature fruit trees and a covered patio measuring 24x5.8.
Located in Gretna, the property is positioned near Highway 90 for convenient access toward New Orleans and Metairie. The remarks also note that it is minutes from Home Depot, a shopping center, and a variety of local dining options.
With zoning for both residential and business use, the layout supports a range of practical tenant or owner-operator needs, from traditional home living to operating a business from the workshop or converting space for additional purposes. The indoor-outdoor connection from the bonus room and the presence of a dedicated office area can also support work-from-home or multi-use arrangements.
Located in Gretna, the property is positioned near Highway 90 for convenient access toward New Orleans and Metairie. The remarks also note that it is minutes from Home Depot, a shopping center, and a variety of local dining options.
With zoning for both residential and business use, the layout supports a range of practical tenant or owner-operator needs, from traditional home living to operating a business from the workshop or converting space for additional purposes. The indoor-outdoor connection from the bonus room and the presence of a dedicated office area can also support work-from-home or multi-use arrangements.
Key Highlights
- 3‑bedroom, 2‑bath home with central heating and central A/C; frame construction with tile roof
- 28x47 workshop offers flexible space for conversion to an apartment or business (per seller remarks)
- Bonus room opens directly to the outdoors, plus an office with built‑ins
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.9k | $20.52 |
| − Vacancy | −$3.2k | −$1.87 |
| EGI | $31.7k | $18.65 |
| − OpEx | −$14.3k | −$8.39 |
| NOI | $17.4k | $10.26 |
1,700 SF · lease $20.52/SF/yr · vacancy 9.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$249.1K
$218.0K – $290.7K
NOI $17,440 @ 7.0% cap · market cap 8.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$448.5K
$392.5K – $523.3K
NOI $31,396 @ 7.0% cap · market cap 15.32%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
FAQs
What type of property is this?
Single family property - A 3-bedroom home with a large 28x47 workshop and zoning for both residential and business use.
Where is this single family property located?
The property is located at 1320 Friedrichs Street Gretna, LA.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: 3‑bedroom, 2‑bath home with central heating and central A/C; frame construction with tile roof; 28x47 workshop offers flexible space for conversion to an apartment or business (per seller remarks); Bonus room opens directly to the outdoors, plus an office with built‑ins
