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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 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!PROPERTY FEATURES
Water Source : Public
Sewer : Public Sewer
Parking Features: Parking Lot
Lot Features : 1 to 5 Acres,City Lot
Possible Use: Medical/Dental
Construction Materials: Metal Siding,Stucco
Levels : One
Zoning:C-2
PROPERTY DETAILS
Street Address: 3908 VETERANS MEMORIAL Boulevard
City: Metairie
State: Louisiana
Postal Code: 70002
County: Jefferson
MLS Number: 2479766
Year Built: 1972
Courtesy of KELLER WILLIAMS REALTY-NEW ORLEANS
City: Metairie
State: Louisiana
Postal Code: 70002
County: Jefferson
MLS Number: 2479766
Year Built: 1972
Courtesy of KELLER WILLIAMS REALTY-NEW ORLEANS
Courtesy of KELLER WILLIAMS REALTY-NEW ORLEANS
