Property profile

833 4Th St Gretna, LA 70053

OFF-MARKET
Commercial real estate
1,659 SF 0.11 ac lot Built 1950
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Property summary

AI-generated overview

This exceptional 1,659 square foot commercial property is ideally situated at 833 4th Street in the heart of historic downtown Gretna, Louisiana. The building offers a prime location, just two blocks from the Jefferson Parish courthouse, ensuring high visibility and convenient access to legal and government services. The property includes a private adjoining parking lot, a significant advantage in a bustling downtown area. The interior features a well-appointed office space, complete with a fully equipped kitchen, adding to its functionality and convenience. A law library is also included, making this space particularly suitable for legal professionals or businesses requiring such a resource. The existing furniture and fixtures are negotiable, offering flexibility for the new owner to customize the space to their specific needs. The property sits on a 0.11-acre lot, providing ample space for parking and potential future expansion. This is a rare opportunity to acquire a well-established commercial property in a thriving and desirable location. The asking price for this turnkey operation is $499,000. Serious inquiries are encouraged.

Property profile

Verified
Property type Commercial real estate
Year built 1950
Total area 1,659 SF
Lot 0.11 ac (4,792 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Law Firm

Location

833 4Th St Gretna, LA 70053
Gretna metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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