2614 Jefferson Highway, Jefferson, LA 70121 - retail-commercial property

Detailed information about retail-commercial property which situated in Jefferson (70121) city, Louisiana state on 2614 Jefferson Highway.

Additional Information: This property is an old shopping center that we have handled for the past 25 years. Previously, the center was 100% occupied and comprised tenants such as a grocery store (A&P), a furniture store, Ochsner Clinic, a school uniform store, a wedding reception facility (The Arrow Champagne Room), a thrift store, a barber shop, a prosthetic store, two restaurants, a shoe store, a camera shop, a United States post office, a dress shop, a toy store and a few other various types of establishments. The gentleman that we first represented, and his wife, have since died and his son has taken over. Without us knowing, he accepted a buyout from a disreputable developer that proposed to build two high rise towers. One was to be owned and used by Ochsner Hospital while the other was to be high end residential condominiums. For a variety of reasons, the developer went under and the family got the property back after he had already chased all of the existing tenants away. Since we have begun advertising the property, many of the old tenants have called and expressed a desire to return to the shopping center, if possible. This property DID NOT flood from Hurricane Katrina and is a most remarkable location. The family has recently agreed to allow me to sell off sizeable portions ,or a pad site, of the land at $50.00 p.s.f. Recently, CVS, Walgeeens snd Popeye's have acquired smaller parcels of land in the immediate area and paid between $40 - $50.00 p.s.f. So, the family is open to ideas and offers where previously only the entire parcel could be acquired.