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2614 Jefferson Highway, New Orleans, LA 70121

Commercial property for sale

  • Description
  • This property is an old shopping center that we have handled for the past 25 years. Previously, the center was 100% occupied and comprised tenants such as a grocery store (A&P), a furniture store, Ochsner Clinic, a school uniform store, a wedding reception facility (The Arrow Champagne Room), a thrift store, a barber shop, a prosthetic store, two restaurants, a shoe store, a camera shop, a United States post office, a dress shop, a toy store and a few other various types of establishments. The gentleman that we first represented, and his wife, have since died and his son has taken over. Without us knowing, he accepted a buyout from a disreputable developer that proposed to build two high rise towers. One was to be owned and used by Ochsner Hospital while the other was to be high end residential condominiums. For a variety of reasons, the developer went under and the family got the property back after he had already chased all of the existing tenants away. Since we have begun advertising the property, many of the old tenants have called and expressed a desire to return to the shopping center, if possible. This property DID NOT flood from Hurricane Katrina and is a most remarkable location. The family has recently agreed to allow me to sell off sizeable portions ,or a pad site, of the land at $50.00 p.s.f. Recently, CVS, Walgeeens snd Popeye's have acquired smaller parcels of land in the immediate area and paid between $40 - $50.00 p.s.f. So, the family is open to ideas and offers where previously only the entire parcel could be acquired. Building price details: $6,500,000.
  • Property Details
  • Property Type: Retail
    Use Types: Mixed Use, Post Office, Restaurant, Service Station/Gas Station, Street Retail
    Status: Available
    Price: $ 43 +/SF
    Number of Stories: 1
    Year Built: 1966
    MSA: New Orleans-Metairie-Kenner
    Buildings: 4
    Tenancy: Multiple Tenants
    Construction: Block
    Terms: Cash to Seller
    Added: 07/06/2011
    Last Update: 01/02/2013
  • Exterior Features
  • Parking: Yes
    Parking Spaces: 255
    Parking Type: Surface
  • Contact info
  • 504-831-5263 [Office]
  • Note

  • Details Info about this row that located on 2614 Jefferson Highway, New Orleans, LA 70121 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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