Property summary
This Marrero, Louisiana commercial property presents a compelling value-add opportunity, encompassing two buildings totaling 2,700 square feet situated conveniently off the Westbank Expressway. The asking price is $298,500, translating to $110.56 per square foot. The property consists of two distinct structures. The front building boasts approximately 2,000 square feet of open showroom space, complemented by rear office areas, offering adaptable layouts for diverse business needs. This provides significant flexibility for various commercial uses. The rear building, measuring approximately 700 square feet, is currently gutted, presenting a blank slate for creative redevelopment. This could be repurposed for commercial, residential, or mixed-use projects, depending on the buyer's vision. The property's location near the Westbank Expressway ensures excellent accessibility and visibility, making it an attractive investment for entrepreneurs and developers seeking a prime location in Jefferson Parish, Louisiana, with the address being 906 Gaudet Dr, Marrero, LA 70072. The property's two-building configuration allows for diverse development strategies, catering to a wide range of potential uses and maximizing return on investment. This is an exceptional chance to acquire a property with significant upside potential in a thriving Louisiana market.
Property profile
VerifiedCap rate & NOI
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
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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