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    OFF-MARKET
    Retail space

    321 Laroussini St, Westwego, LA 70094

    4,500 SF
    Property ID
    US36-0355970
    Property summary
    AI-generated overview

    This exceptional turnkey opportunity presents a fully equipped, 4,500 square foot bar and restaurant located at 321 Laroussini St, Westwego, LA 70094. The property, zoned C-1, boasts a rich history, having operated successfully for over 60 years as Mug Shots Bar and Grill. The sale includes both the real estate and the existing business, offering a unique chance for immediate operation. Features include a fully equipped industrial kitchen, ample parking, and an inviting atmosphere enhanced by pool tables, video poker, darts, and a wrap-around porch. Renovated in 2014, the single-story building is currently vacant, presenting a blank canvas for a new owner to implement their vision. The asking price is $600,000, translating to $133.33 per square foot. This prime location, just off the Westbank Expressway, provides excellent visibility and accessibility. The property is ready for immediate occupancy, making this an exceptional investment opportunity in a thriving Westwego location. This is a rare chance to acquire a well-established business and property with significant potential for growth and profitability.

    Property profile
    Verified
    Property type Retail space
    Total area 4,500 SF
    UPID US36-0355970
    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
    • Mug Shots Bar And Grill Bar & Pub
    • ATM Atm
    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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