M-1 Live Oak St Metairie, LA 70005

Property Details for M-1 Live Oak St

Year built

1970

Property size

11,500 SF

Property type

Commercial real estate

Description

This exceptional 11,500 square foot commercial lot is situated in the highly desirable Bucktown area of Metairie, Louisiana. The property boasts an oversized lot size, presenting a unique opportunity for various development projects. Its OBM-1 mixed-use zoning allows for a blend of residential and commercial uses, subject to specific restrictions. Interested parties should independently verify these restrictions by contacting the Jefferson Parish office at 504-736-6320 or reviewing the provided zoning ordinance link: https://library.municode.com/la/jefferson_parish/codes/code_of_ordinances?nodeId=PTIICOOR_CH33UNDECO_ART3ZO_DIV3MIEBAZODI_S33-3.50MIEBAZODIUSMA. The property's location in Bucktown offers excellent visibility and accessibility, making it an attractive investment for developers seeking a prime location. The current asking price is significantly below appraised value, representing a compelling opportunity for motivated buyers. The lot's size is ideal for single-family or multi-family residential development, or a commercial venture that takes advantage of the mixed-use zoning. This property presents a rare chance to acquire a substantial lot in a thriving Metairie neighborhood. Serious inquiries are encouraged to explore the potential of this versatile and well-located property.

Location Insight

City

Metairie

County

Jefferson

State

Louisiana

Longitude

-90.1228

Latitude

30.018