Property summary
This exceptional 1,870-square-foot retail space is situated on the ground floor of the historic German Cultural Center in the heart of Gretna, Louisiana. Ideal for a variety of uses, including a neighborhood market, coffee shop, deli, or wine bar, this single-tenant space benefits from a strong local customer base and proximity to numerous small businesses. The property includes a commercial-grade kitchen equipped with an oven, hood, refrigerator, dishwasher, and sink. A future outdoor patio, slated for completion by the end of 2024, is incorporated into the floor plan. This retail space enjoys a significant advantage with the addition of a coworking hub on the second floor, projected to open by the end of 2024 and house over 90 desks, providing a built-in customer base. The building is shared with the German Cultural Center of Gretna, adding to its unique character and appeal. The lease rate is $22.75 per square foot, NNN, with net operating expenses estimated at approximately $2 per square foot. The property is located at 519 Huey P Long Ave, Gretna, LA 70053, in Jefferson Parish. This presents a rare opportunity to establish a thriving business in a vibrant and historic setting.
Property profile
VerifiedCap rate & NOI
Current use
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Cultural Center
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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