$435,000
$475,000
8.4%For more information regarding the value of a property, please contact us for a free consultation.
111 WRIGHT AVE Terrytown, LA 70056
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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Bought with Sound Realty LLC