3408 28Th St, Metairie, LA 70002
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.
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Caliber Appliance Service Home Appliance Store
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The Gas Station Bar Bar & Pub
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.