Listing Courtesy of: Brittany Picolo - Keller Williams Realty New Orleans 504-862-0100
$15,000,000 affordable loan icon Calculate Payment

3908 VETERANS MEMORIAL Boulevard Metairie, LA 70002

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General Commercial Residence
Beds
Baths
47,935 Sq. Ft.
2.39 Acre Lot
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Last updated on 12/27/2024 10:36 AM

Listing Details

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 informa...tion, 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! Continue reading
MLS#
2479766
Property Type
General Commercial
Year Built
1972
Square Feet
47,935 sq. ft
Lot Size
2.39
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Listing Courtesy of: Brittany Picolo - Keller Williams Realty New Orleans 504-862-0100
Andrea Conner, License BROK.995692987-ACT, Xome Inc., License BROK.0995686178-CORP, AndreaD.Conner @xome.com, 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067


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This content last refreshed on 12/27/2024 10:36 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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