981 Jefferson Hwy Jefferson, LA 70121
- Bars
- 2,134 SF
- 0.69 lot acres
Current Use by Public Records
- New Orleans Original Daiquiris Jefferson / Bar
Property Details for 981 Jefferson Hwy
- Lot size
- 0.69 lot acres
- Property size
- 2,134 SF
- Property type
- Bars
- Property subtype
- Pubs
Description
Exceptional investment opportunity awaits at 981 Jefferson Highway, Jefferson, Louisiana, a thriving suburb of New Orleans. This single-tenant, net-leased bar presents a compelling proposition for investors seeking strong returns. The property encompasses 2,134 square feet on a 0.69-acre lot, situated within a bustling commercial area. Its strategic location near Ochsner Main Campus, a major hospital, ensures high visibility and accessibility, attracting significant foot traffic. The building is a single-story structure, zoned M-1, offering flexibility for future redevelopment potential. The asking price is $1,300,000, translating to $609.18 per square foot. This net lease investment minimizes landlord responsibilities, providing a streamlined ownership experience. The property's strong location and established tenant base make it an ideal addition to any commercial real estate portfolio. This is a rare opportunity to acquire a well-positioned, income-generating asset in a high-demand area. Serious inquiries only.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Jefferson
- County
- Jefferson Parish
- State
- Louisiana
- Longitude
- -90.14045729
- Latitude
- 29.96235357
