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    FOR LEASE
    Commercial real estate

    519 Huey P Long Ave, Gretna, LA 70053

    Property ID
    US36-0530548
    Property summary
    AI-generated overview

    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
    Verified
    Property type Commercial real estate
    UPID US36-0530548
    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
    • German American Cultural Center Cultural Center
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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