3408 28Th St Metairie, LA 70002
- Commercial real estate
- 4,750 SF
Current Use by Public Records
- Caliber Appliance Service / Appliance Repair Service
- The Gas Station Bar / Sports Bar / Bar
Property Details for 3408 28Th St
- Year built
- 1940
- Property size
- 4,750 SF
- Property type
- Commercial real estate
Description
This exceptional Metairie commercial property at 3408 28th Street offers a unique investment opportunity. The 4,750 square foot building boasts approximately 2,400 square feet of fully equipped, ready-to-operate bar space on the ground floor. This turnkey operation is complemented by two unfinished, 2-bedroom apartment units on the second floor, presenting significant potential for rental income or alternative uses. The building's robust construction features cinder block, concrete, and steel, ensuring durability and longevity. A recently installed new roof provides peace of mind. Ample off-street parking is available, along with prominent signage and covered balconies, enhancing both functionality and curb appeal. The BC-2 zoning allows for a wide range of uses, including retail, restaurant, office, and multifamily dwellings. The property benefits from its existing grandfathered status as a bar with video poker, offering immediate income potential. Its strategic location near the Causeway/I-10 interchange provides excellent accessibility, placing it within easy reach of a thriving commercial corridor. Nearby establishments include the Comfort Inn at the Copeland Tower, Whole Foods Market, and Outback Steakhouse, further highlighting the property's prime location amongst established businesses and the Lakeside Shopping Center. This versatile property is priced at $600,000 and presents a compelling opportunity for investors seeking a blend of immediate income and future development potential.
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
- -90.1589
- Latitude
- 29.9994