3803 Florida Ave, Kenner, LA for sale

Investment Overview

967 SF freestanding restaurant building on a 0.1309-acre lot (Parcel APN 920002904) in Jefferson Parish, zoned C-1 Neighborhood Commercial. Pro Forma cap rate is 9.17%. The property is currently occupied by Mi Pequeña Honduras Restaurant, an established Central American restaurant , and is offered for sale at $390,000. The single-story building features stucco exterior with a red tile-style roof, front and side entries, and a paved parking area along Florida Avenue including a marked ADA space. The premium over the adjoining market property reflects the existing restaurant build-out. Property status is existing construction, and C-1 zoning supports continued restaurant and neighborhood commercial use. The adjacent property at 3805 Florida Ave is separately listed, allowing a combined purchase of both parcels totaling approximately 0.26 acres. Please contact agent for details regarding the leasehold.