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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

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 properties & Spaces
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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