310 E MAIN ST, Gramercy, LA 70052
310 E MAIN ST, Gramercy, LA 70052
310 E MAIN ST, Gramercy, LA 70052
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Shelly Paternostro

Shelly Paternostro

+1(504) 382-7777
Listed byBen & Burka • Aaron J. Kazanoff • 504-301-1002
$ 350,000
Est. payment | /mo
Save Virtual Tour
$ 350,000
Est. payment | /mo
Save Virtual Tour

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2483503

HOA Y/N No

Year Built 1960

Lot Dimensions corner

Property Sub-Type Commercial

Source ROAM MLS

Property Description

Available for sale, 310 E Main Street offers a stabilized single tenant NNN investment property with strong tenancy history. The tenant, Variety Wholesalers (operating as Roses Express), has hundreds of stores nation wide and has roots at this site since 1989. Additionally, Variety Wholesalers recently announced that they will be purchasing an additional 200-400 former Big Lots stores throughout the nation. The lease was most recently extended for a new 5 year term in 2021, and tenant has no plans of relocating. The property, standing at nearly 15,000 SF, features ample off-street parking, strong street presence along Main Street, new roof c. 2022, and major renovation after Hurricane Ida to modernize and repair the building.The tenant is currently paying $38,500/year + NNN in addition to a percentage rent (which in recent years has been averaged ±$1,200/year). The site is located in Gramercy and provides one of the only shopping outlets in the area. Gramercy is located between New Orleans and Baton Rouge and sits right on the Mighty Mississippi.

Location

State LA

County St. James

Zoning comm.

Interior

Fireplace No

Exterior

Parking Features Off Street

Utilities Available Natural Gas Not Available

Garage No

Building

Lot Description Corner Lot, Other

Water Public

New Construction No

Others

Tax ID 123

Virtual Tour https://www.propertypanorama.com/instaview/roam/2483503

ROAM MLS

NEARBY SCHOOLS & PROPERTIES

Shelly Paternostro

“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.”
–Franklin D. Roosevelt

+1(504) 382-7777

shellypaternostro@me.com

203 Bradwall Street Luling, LA 70070, Luling, LA 70070, USA

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310 E MAIN ST