0 Jefferson Hwy River Ridge, LA 70123
Exceptional investment opportunity: a vacant, 2,480-square-foot freestanding restaurant building in River Ridge, Louisiana, is available for sale at $450,000. Located on Jefferson Highway (LA Hwy 48), this single-story building sits on a 0.29-acre lot and offers 15 parking spaces. The property features a recently replaced roof and serviced HVAC system. Currently vacant, the building previously housed a regional donut shop. The sale is an absolute NNN lease type with a remaining term of 4 years. The property is zoned C-1, suitable for retail shopping and personal service uses, designed to serve nearby residential areas. All measurements are approximate and should be verified by the purchaser. Zoning, overlays, and intended use must also be independently verified. Showings require a minimum 48-hour notice. This is a fantastic opportunity to acquire a well-located restaurant property in a thriving community. The asking price per square foot is $241.94. The property's APN is a61e893d·78e7-40ea·......
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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