3017 Edenborn Ave Metairie, LA 70002
This exceptional 12,000-square-foot storefront property at 3017 Edenborn Avenue in Metairie, Louisiana, presents a compelling investment opportunity. Located in a prime central Metairie location, this vacant retail space offers easy access via I-10, Veterans Boulevard, and the Causeway. The building itself is an attractive tilt-up concrete structure, featuring 8,000 square feet on the ground floor and an additional 3,000 square feet upstairs. Its functional and flexible layout allows for a wide range of potential uses, catering to diverse business needs. The property sits on a 0.37-acre lot and was built in 1975. It is zoned FC3 (Fat City Mixed Use), providing versatility for future development. Currently listed at $1,875,000, the seller is offering attractive seller financing via a Bond for Deed. The financing terms include a 25% down payment ($468,750), a $1,406,250 loan amount, a 10-year term, and a 4.5% APR, resulting in a monthly payment of $14,574.15. A 90-day notice is required for the current occupant to vacate. Proof of funds is required. This is a rare opportunity to acquire a substantial retail space in a highly desirable location with flexible financing options.
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NOLA PENS Big Box & Wholesale Store (Bike/Boat/Book/etc) Store
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Educator (Bike/Boat/Book/etc) Store
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.