Terrytown, LA 70056,111 WRIGHT AVE
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Terrytown, LA 70056,111 WRIGHT AVE
Terrytown, LA 70056,111 WRIGHT AVE
Terrytown, LA 70056,111 WRIGHT AVE
Terrytown, LA 70056,111 WRIGHT AVE

$435,000

Est. payment /mo

$475,000

8.4%
Est.Price: ?

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111 WRIGHT AVE Terrytown, LA 70056

SOLD DATE : 08/30/2024

Key Details

Sold Price $435,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 2444537

Sold Date 08/30/24

HOA Y/N No

Year Built 1950

Property Description

Available for sale and serving as an outparcel for the Terry Parkway Plaza, 111 Wright offers two freestanding retail buildings available as a single parcel. 111 Wright Unit A is fully leased to an events space, currently generating $4,000/mo NNN and standing at ~4,000 SF. Unit B, at ~3,500 SF, is currently in shell condition and is available for occupancy. The two properties face each other and share a large parking area, with primary access along Terry Pkwy or on Wright Avenue. Both properties are in need of new roofs, which is factored into the list price. The property is ideal for investment or an owner-operator looking for additional income from the leased space.

The site is located on high-traffic Terry Parkway and is steps from the Oakwood shopping center, a large scale regional shopping mall with tenants such as Dillards, JC Penny, H&M, and many many others.

Location

State LA

County Jefferson

Community Common Grounds/Area

Zoning C-1

Interior

Fireplace No

Exterior

Garage Off Street, Parking Lot

Community Features Common Grounds/Area

Water Access Desc Public

Building

Lot Description City Lot, Oversized Lot

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Others

Financing Cash

Special Listing Condition None

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Gulf South Real Estate Information Network (NOMAR IDX Plus)
Listed by Ben & Burka
Bought with Sound Realty LLC

Lisa Heindel

Broker/Owner | License ID: 995683899

+1(504) 327-5303

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