3017 Edenborn AveMetairie, LA 70002

Property Details for 3017 Edenborn Ave

Year built

1975

Lot size

0.37 AC

Property size (Sq ft)

12,000 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This exceptional 12,000-square-foot storefront property at 3017 Edenborn Avenue in Metairie, Louisiana, presents a compelling investment opportunity. Located in a prime central Metairie location, this vacant retail space offers easy access via I-10, Veterans Boulevard, and the Causeway. The building itself is an attractive tilt-up concrete structure, featuring 8,000 square feet on the ground floor and an additional 3,000 square feet upstairs. Its functional and flexible layout allows for a wide range of potential uses, catering to diverse business needs. The property sits on a 0.37-acre lot and was built in 1975. It is zoned FC3 (Fat City Mixed Use), providing versatility for future development. Currently listed at $1,875,000, the seller is offering attractive seller financing via a Bond for Deed. The financing terms include a 25% down payment ($468,750), a $1,406,250 loan amount, a 10-year term, and a 4.5% APR, resulting in a monthly payment of $14,574.15. A 90-day notice is required for the current occupant to vacate. Proof of funds is required. This is a rare opportunity to acquire a substantial retail space in a highly desirable location with flexible financing options.

Location Insight

City

Metairie

County

Jefferson Parish

State

Louisiana

Latitude

30.0058

Longitude

-90.1621

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