505 Frisco Ave Metairie, LA 70005
This exceptional 8,000 square foot, two-story commercial building presents a remarkable investment opportunity in the thriving Metairie market. Located on the corner of Frisco Avenue and Nursery Road, this multi-use property boasts excellent visibility from the heavily trafficked Metairie Road. The building features a new roof, ensuring long-term structural integrity and minimizing maintenance costs. Practical features include two large overhead doors, ideal for loading and unloading, and a functional conveyor belt, adding to its operational versatility. A fully equipped deli kitchen is already in place, presenting immediate potential for food service businesses or a seamless transition for similar ventures. The spacious second floor offers significant flexibility, adaptable to a wide range of uses, from office space to additional storage or residential conversion (subject to local zoning regulations). The property sits on a lot with zero acres, maximizing the building's footprint. All measurements and information provided are to be independently verified by the buyer. The seller is open to considering short-term financing options with a 40% down payment. This property is a rare find, combining prime location, versatile space, and potential seller financing, making it an attractive proposition for savvy investors and entrepreneurs alike. Don't miss this chance to acquire a valuable asset in a high-demand area.
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Nor Joe Import Company Grocery & Convenience Store Food Market
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.