This prime development site is located on Metairie Road in coveted Old Metairie, near the major thoroughfare connection of Causeway Boulevard. The property offers excellent access and visibility. The property is zoned C-1: Neighborhood Commercial District. It is generally known as the former Barreca’s Restaurant property. Lots 9, 36, 36-A, 36-B are Owned by the Seller. Full Ownership Interest to transfer at closing. Lots 10 & 11 are Under Ground Lease between the Seller and a Separate Owner. Leasehold Interest to transfer and Ground Lease to be assumed by or assigned to Buyer at closing, subject to Ground Lessor approval. There is an option to purchase just the owned land without the ground lease. Survey attached.
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Listing Snapshot
Price
$2,250,000
Days On Site
313 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
0.792 Acres
Year Built
N/A
MLS® Number
2493673
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
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