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For Sale

SnoWizard

101 River Road,
Jefferson, LA 70121

Asset Snapshot

Student Housing
Industrial Subtype
1968
Year Built
2
Floor Count
2
Building Count
50
Parking Spots
1.77 Acres
Land Area
90%
Occupancy

Offering Summary

Investment Overview

101 River Road presents a unique opportunity to acquire SnoWizard, a nearly 90-year-old local legacy business with deep roots throughout the Greater New Orleans and Gulf Coast communities, together with the commercial real estate from which it operates. The acquisition offers a prospective buyer the opportunity to carry forward an established and recognizable business while also owning the underlying property. The commercial real estate component provides additional value and income-producing potential, including additional leased space with existing tenants. Located along River Road near the Mississippi River, the property offers convenient access to Jefferson Highway, Airline Drive, Causeway Boulevard, I-10, and the Huey P. Long Bridge. The surrounding area features established residential neighborhoods, medical and professional services, and a variety of commercial uses. The property's location provides convenient connectivity throughout Jefferson Parish and to New Orleans, making 101 River Road well positioned within the Greater New Orleans market. This offering combines the opportunity to acquire a distinctive local business legacy with the benefits of commercial real estate ownership and additional rental income. Confidentiality Notice: All serious inquiries, including requests for financial information, will be required to execute a confidentiality agreement prior to receiving confidential business or financial details. Ownership has asked all interested parties to exclusively contact David da Cunha at Property One, Inc. for additional business, property, lease, and sale information.


Investment Highlights

  • Unique business and real estate acquisition opportunity combining SnoWizard, a nearly 90-year-old local legacy business, with the commercial property from which it operates
  • Established and recognizable brand with deep roots throughout Greater New Orleans and the Gulf Coast
  • Opportunity to continue an established operating business with an existing customer base and longstanding market presence
  • Commercial real estate ownership provides the buyer with the underlying property in addition to the business
  • Additional income-producing potential through existing leased space and tenants
  • Strategic River Road location near the Mississippi River with convenient access to Jefferson Highway, Airline Drive, Causeway Boulevard, I-10, and the Huey P. Long Bridge
  • Strong surrounding area featuring established residential neighborhoods, medical and professional services, and diverse commercial uses
  • Convenient Greater New Orleans connectivity throughout Jefferson Parish and to New Orleans
  • Multiple value components combining business ownership, commercial real estate, and rental income potential

How it Works

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Listing Syndicated From

Buildout
Accepting Offers
$4,795,000
Asking Price

Investment Sales Broker

David da Cunha
Property One Inc.

Market Insights