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3908 VETERANS MEMORIAL BLVD Metairie, LA 70002
2.39 Acres Lot
UPDATED:
02/14/2025 10:33 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Subdivision Not A Subdivision
MLS Listing ID 2479766
HOA Y/N No
Year Built 1972
Lot Size 2.386 Acres
Acres 2.3859
Property Description
Newly listed, fully occupied commercial building for sale on Veterans Memorial Blvd! This high-profile building offers a robust, income-generating asset with significant recent upgrades and a favorable financial structure. Call agent for more details regarding the attractive mortgage and tax information, an option to assume a 3.75% mortgage rate may be available. 7% cap rate with potential for more, one of the units was being renovated into a cafe by the current owners. Some features include a new roof with a 20-year warranty, installed on August 12, 2024, providing long-term protection and peace of mind. Upgraded Signage, a state-of-the-art Pillar Sign with a digital component (valued at $250K) enhances visibility and advertising potential. Modern Enhancements include: new landscaping (2022), fresh exterior paint (2022), an extra-large external staircase (valued at $150K) for Blue Cliff College, new cement entrances, and new asphalt with thermal striping (2022). This income producing property is a must see, give us a call today for your private tour!
Location
State LA
County Jefferson
Community Common Grounds/Area
Zoning C-2
Interior
Fireplace No
Exterior
Parking Features Parking Lot
Community Features Common Grounds/Area
Water Access Desc Public
Building
Lot Description 1 to 5 Acres, City Lot
Dwelling Type Office,Retail
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
Others
Tax ID 0820036337
Special Listing Condition None
Virtual Tour https://go.nolaremarketing.com/3908VeteransMemorialBlvdmls
Listed by Keller Williams Realty New Orleans