We Purchase, Trade, Consult & Market Residential & Commercial Real Estate

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Property Description
+-1.3-acre corner parcel in Gretna, Louisiana, immediately adjacent to Oakwood Shopping Center, a well-established regional retail center serving the Westbank market. The center is anchored by nationally recognized retailers including Dillard's, JCPenney, and Dick's Sporting Goods, along with additional national brands. The subject benefits from its proximity to Oakwood Shopping Center, enhancing visibility, traffic exposure, and overall marketability. The site offers approximately 142.7 feet of frontage along Whitney Avenue and approximately 400 feet along Costanza Drive, providing excellent exposure, multiple access points, and flexibility for a variety of commercial or mixed-use development concepts. Its corner configuration allows the property to accommodate a variety of commercial and mixed-use development concepts. Zoned Mixed-Use Corridor District (MUCD), the property permits a wide range of uses including retail, office, medical, hospitality, etc. Located approximately five minutes from Downtown New Orleans, the site offers immediate access to the Westbank Expressway (US-90), providing strong regional connectivity within the greater New Orleans metropolitan area. The property includes two income-producing commercial buildings fronting Whitney Avenue and a residential structure along Costanza Drive. Improvements include a +-2,000 SF cement-block building with a +-450 SF addition at 361 Whitney Avenue (leased to Fine Line, Inc.), a +-1,500 SF cement-block building at 363 Whitney Avenue (leased to Versatile Floors), and a vacant single-family brick residence at 124 Costanza Drive. The property is well suited for long-term redevelopment given its location, zoning, and adjacency to Oakwood Shopping Center.

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