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    OFF-MARKET
    Commercial real estate

    1716 Hancock St, Gretna, LA 70053

    650 SF 0.09 ac lot Built 1951
    Property ID
    US36-0441798
    Property summary
    AI-generated overview

    This exceptional commercial property, located at 1716 Hancock Street in Gretna, Louisiana, presents a fantastic opportunity for a variety of businesses. The building offers approximately 650 square feet of usable space, making it ideal for a small office, medical practice, or similar enterprise. Its prime location in a highly desirable area of Gretna ensures high visibility and accessibility for clients and employees. The property includes convenient parking options, with two to three designated spaces available on the premises, supplemented by ample street parking. The lot size is approximately 0.09 acres. This is a turn-key opportunity to establish or relocate your business in a thriving community. The property is priced competitively at $975,000. This represents a significant value for a well-situated commercial space in a sought-after location. The building's size and layout offer flexibility for customization to meet specific business needs. Don't miss this chance to secure a valuable asset in a dynamic and growing market. Serious inquiries are encouraged to explore this promising investment opportunity further. The property is ready for immediate occupancy.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1951
    Total area 650 SF
    Lot 0.09 ac (3,920 SF)
    UPID US36-0441798
    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
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    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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