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    OFF-MARKET
    Commercial real estate

    201 Richard St, Gretna, LA 70053

    30,232 SF Built 1962
    Property ID
    US36-0551714
    Property summary
    AI-generated overview

    This exceptional 30,232 square foot commercial property, located at 201 RICHARD Street in Gretna, Louisiana, presents a significant opportunity for business or industrial use. The entire property, designated as Square 10, is fully fenced and zoned M2, offering flexibility for a wide range of commercial ventures. A notable feature is a pre-existing Quonset hut, situated on a corner of the property. While previously utilized for office space and storage, it currently lacks electricity and is being sold as-is. It's important to note that any vehicles or equipment present on the site are not included in the sale and will be removed prior to closing. The property is being offered at $280,000, representing a compelling investment in a prime Gretna location. The "as-is" condition indicates that the buyer assumes responsibility for any necessary repairs or renovations. Given its size, zoning, and location, this property is well-suited for a variety of commercial or industrial applications, making it an attractive proposition for discerning investors and entrepreneurs. The fully fenced perimeter enhances security and provides a defined space for operations. The potential for redevelopment or repurposing of the existing Quonset hut adds further value to this already substantial offering. Serious inquiries are encouraged.

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1962
    Total area 30,232 SF
    UPID US36-0551714
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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