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    Mixed-Use Building with Off-Street Parking Title is generated by Realmo AI

    728 LAFAYETTE Street, Gretna, LA 70053

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    Claim this Listing
    For Sale
    $595,000

    COMMERCIAL - Gretna, LA

    Property size:
    3,554 SF
    Price / SF:
    $167/SF
    Added:
    Feb 5, 2026
    Days on Market:
    126
    Last Refresh:
    Jun 11 at 10:06 pm

    Property Features for 728 LAFAYETTE Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    C-1
    Parking features
    Off Street, Garage
    Standard status
    Active
    APN
    Lot 7 & 8
    Size
    3,554 SF

    Utilities

    Water source
    Public

    Building Details

    Year built
    1929
    Floors in Building
    2

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    Listing Contact
    Trudy Dowell

    Listing agent Trudy Dowell License #44340

    Listing office Homesmart Realty South 3131 N I-10 Service Rd, #101, New Orleans, LA

    Listing date Feb 5, 2026

    MLS# 2541759

    Copyright © 2026 New Orleans Metropolitan 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.

    HighLights

    • 1929‑built property with public water service
    • Downstairs includes a primary bedroom area with a very large bathroom plus an additional full bathroom and half bath
    • Downstairs features a spacious kitchen, very large laundry room, and 5 additional rooms with flexible use
    • Upstairs residential unit offers a living room, large kitchen, 2 bedrooms, and a full bathroom
    • Garage includes interior storage areas, plus a screened‑in patio
    • Off‑street parking with off‑street spaces and a garage

    Overview

    This mixed-use property offers flexible interior space, with multiple rooms configured for residential living and other potential uses. The downstairs layout includes a primary bedroom with a very large bathroom, two additional bathrooms (one full and one half), a spacious kitchen, a very large laundry room, and five additional rooms that could be adapted to a tenant or owner’s needs. Upstairs includes a residential unit with a living room, a large kitchen, two bedrooms, and a full bathroom. The attached garage provides storage areas and opens to a screened-in patio.

    The property is located in the heart of Gretna and is presented for sale under C-1 zoning. It also benefits from plenty of off-street parking.

    For buyers or operators, the combination of residential unit layout and adaptable room count may support a variety of occupancy strategies, including multi-use ownership where living and work space are both a consideration. With defined bathrooms, kitchen areas, and substantial laundry space, the building can accommodate a range of practical tenant or owner-occupant setups based on the intended use.

    Local Financial Insights For Office B

    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 $80.2k $22.56
    − Vacancy −$14.4k −$4.06
    EGI $65.7k $18.50
    − OpEx −$16.4k −$4.62
    NOI $49.3k $13.87
    3,554 SF · lease $22.56/SF/yr · vacancy 18.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $704.4K
    $616.4K – $821.8K (±1% cap)
    NOI $49,310 @ 7.0% cap · market cap 8.29%
    Second Best
    Mixed Use
    $670.2K
    $586.4K – $781.9K (±1% cap)
    NOI $46,913 @ 7.0% cap · market cap 7.88%
    Theoretical Best
    Office A
    $937.6K
    $820.4K – $1.09M (±1% cap)
    NOI $65,635 @ 7.0% cap · market cap 11.03%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Gretna
    County
    Jefferson
    State
    Louisiana
    Longitude
    -90.06004
    Latitude
    29.91423

    FAQs

    What type of property is this?
    Mixed-use property - Versatile mixed-use structure with both office and residential-ready rooms plus off-street parking.
    Where is this mixed-use property located?
    The property is located at 728 LAFAYETTE Street Gretna, LA.
    What is the asking price?
    The asking price for this property is $595,000.
    What are key features of this property?
    This property features: 1929‑built property with public water service; Downstairs includes a primary bedroom area with a very large bathroom plus an additional full bathroom and half bath; Downstairs features a spacious kitchen, very large laundry room, and 5 additional rooms with flexible use
    More about this property
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