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    OFF-MARKET
    Office Spaces

    3524 16Th St, Metairie, LA 70002

    38,084 SF
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents two office condo units for sale within a single building situated in Metairie's thriving commercial district. The property, located at 3524 16th Street, boasts a highly visible location just one block from Lakeside Mall and off of Severn Avenue, surrounded by a mix of local and national retailers ensuring high foot traffic and excellent visibility. The building itself is a two-story structure situated on a 7,200 square foot lot, offering a total of 38,084 to 93,772 square feet of office space, divided into multiple units. Currently, Unit A (ground floor) is available for $290,000. Unit F (second floor) is also available, though pricing is not included in this listing. The property is zoned FC-3 and includes 14 shared parking spaces for the convenience of tenants and clients. This presents a rare chance to acquire a well-positioned commercial property in a high-demand area with significant potential for growth and return on investment. The property's strategic location and ample parking make it an attractive option for a variety of businesses. This is an ideal opportunity for investors seeking a strong foothold in the Metairie commercial real estate market.

    Property profile
    Verified
    Property type Office Spaces
    Total area 38,084 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Deaton Cary J Law Firm
    • Concord Shore Services Travel Agency Tour Operator
    • Client Services Unlimited Accounting Firm Tax Preparation
    • Mike Haffner & Associates Ltd Real Estate Agency
    • Personal Touch Therapeutic Alternative Medicine Practice Spa & Massage Center
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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