For Sale
$5,400,000

201 Pasadena AveMetairie, LA 70001

Versatile 52,260 SF Property, $5.4M

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 52,260 square foot property in Metairie, Louisiana, presents a unique investment opportunity. The former Ridgewood Preparatory School campus, situated on 2.78 acres, offers a main campus building and a separate gymnasium building, both with ample parking. The main campus, encompassing 71,500 square feet (1.64 acres), features poured concrete slab foundations, wood frame structures, and brick and metal exterior walls. The pitched shingle roof covers a space with hardwood and carpeted floors (excluding the gym), and interior walls of painted sheetrock, cinder block, and brick. The gymnasium building sits on an additional 41,250 square feet of land. The property boasts a desirable C-2 & R-2 zoning, allowing for diverse commercial and residential uses. The overall condition of the buildings is good. This property is available for sale as a whole ($5,400,000) or in two separate packages: the main campus building and associated parking for $2,300,000, and the gymnasium building and its parking for $3,100,000. Located at 201 Pasadena Ave, Metairie, LA 70001, this property is ready for its next chapter. The address is 201 Pasadena Ave, Metairie, LA 70001.

Highlights

  • Exceptional 52,260 SF investment opportunity in Metairie, LA.
  • Main campus building (71,500 SF) and separate gymnasium building available for $5,400,000.
  • Main campus building and parking offered at $2,300,000.
  • Gymnasium building and parking offered at $3,100,000.

Property Details for 201 Pasadena Ave

Property type
Specialty properties, Schools
Square Feet
52,260 SF
Lot Size (sq. ft)
121,097 SF

Location Insight

City
Metairie
County
Jefferson Parish
State
Louisiana
Latitude
29.9761538
Longitude
-90.1728008
201 Pasadena Ave, Metairie, Louisiana

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201 Pasadena Ave
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