MLS® Listing#2483503 · Commercial Sale · Listed Jan 17, 2025
310 E Main Street, Gramercy, LA 70052
St. James County
Showing 3 of 3 photos
14,000Sq Ft
1960Year built
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.
Full description online — scan the code for the complete listing.
Property information
Property type
Commercial Sale
Year built
1960
Living area
14,000 Sq Ft
Price / Sq Ft
$25
Days on market
625
Parcel number
123
Zoning
comm.
Features
Parking
Off Street
Lot
Corner Lot · City Lot · Rectangular Lot
Construction
Block
Sewer / Water
Public Sewer · Public
310 E Main StreetGramercy, LA 70052
St. James County
$350,000List price
14,000Sq Ft
1960Year built
20 months agoOn market
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.
Property Information
Property type
Commercial Sale
Structure type
Retail
Year built
1960
Building area
14,000 Sq Ft
Lot dimensions
corner
Zoning
comm.
Days on market
625
MLS® Listing#
2483503
Property Features
Parking
Off Street
Lot features
Corner Lot · City Lot · Rectangular Lot
Construction
Block
Sewer
Public Sewer
Water source
Public
Parcel number
123
Listing Courtesy: Ben & Burka - 5043011002
Information contained on this site is believed to be reliable; yet, users of this web site are responsible for checking the accuracy, completeness, currency, or suitability of all information. Neither the New Orleans Metropolitan Association of REALTORS®, Inc. nor the Gulf South Real Estate Information Network, Inc. makes any representation, guarantees, or warranties as to the accuracy, completeness, currency, or suitability of the information provided. They specifically disclaim any and all liability for all claims or damages that may result from providing information to be used on the web site, or the information which it contains, including any web sites maintained by third parties, which may be linked to this web site. The information being provided is for the consumer’s personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties which consumers may be interested in purchasing. The user of this site is granted permission to copy a reasonable and limited number of copies to be used in satisfying the purposes identified in the preceding sentence. By using this site, you signify your agreement with and acceptance of these terms and conditions. If you do not accept this policy, you may not use this site in any way. Your continued use of this site, and/or its affiliates’ sites, following the posting of changes to these terms will mean you accept those changes, regardless of whether you are provided with additional notice of such changes. Copyright 2026 New Orleans Metropolitan Association of REALTORS®, Inc. All rights reserved. The sharing of MLS database, or any portion thereof, with any unauthorized third party is strictly prohibited.
