Property summary
This exceptional investment opportunity presents a fully leased 2,880 square foot retail building situated at 3226-3228 Metairie Road in Metairie, Louisiana. The property boasts a prime location on a section of Metairie Road projected to experience significant increases in both vehicular and pedestrian traffic, promising strong future growth potential. The building's convenient design includes ample parking both in front and at the rear, ensuring easy access for customers and employees. The current lease status guarantees immediate cash flow, making this an attractive proposition for investors seeking a stable and potentially appreciating asset. The property's strong location and existing tenant occupancy combine to create a compelling investment opportunity with significant upside potential. This is a rare chance to acquire a well-positioned, income-producing retail property in a thriving Metairie commercial corridor. The building's size and layout are ideal for a variety of retail uses, offering flexibility for future tenants. The property is offered at $888,888, representing a compelling value given its location, size, and current income stream. Serious inquiries are encouraged to explore this exceptional investment opportunity further. Detailed financial information and lease terms are available upon request. Don't miss this chance to secure a piece of Metairie's vibrant commercial landscape.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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