505 Frisco Ave Metairie, LA 70005
- Commercial real estate
- 8,000 SF
Current Use by Public Records
- Nor Joe Import Company / Italian Grocery Store
Property Details for 505 Frisco Ave
- Year built
- 1950
- Property size
- 8,000 SF
- Property type
- Commercial real estate
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Metairie
- County
- Jefferson
- State
- Louisiana
- Longitude
- -90.1288
- Latitude
- 29.9872
