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    OFF-MARKET
    Commercial real estate

    59 Westbank Expy, Gretna, LA 70053

    6,548 SF 0.43 ac lot Built 1994
    Property ID
    US36-0096973
    Property summary
    AI-generated overview

    This exceptional 6,548 square foot commercial building is strategically located on Westbank Expressway in Gretna, Louisiana, offering unparalleled visibility and accessibility. Situated on a 0.43-acre lot, the property boasts significant frontage on the Expressway, ensuring high traffic exposure and excellent signage opportunities visible from overhead. Its prime location near Oakwood Mall and a short distance from both Downtown Old Gretna and New Orleans provides easy access to a large customer base. The building previously housed multiple businesses, including salons and a school, and features several private offices, three large open areas, a second-floor private loft office, and attic storage space. Currently in shell condition, the structurally sound steel frame construction is ready for immediate tenant build-out to suit a variety of commercial uses. Ample off-street parking is available. The property is zoned by the City of Gretna as Neighbor Commercial by Conditional Use (cannot be used as a church)

    Property profile
    Verified
    Property type Commercial real estate
    Year built 1994
    Total area 6,548 SF
    Lot 0.43 ac (18,731 SF)
    UPID US36-0096973
    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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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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