Mid-City Commercial Building

Withdrawn Office for Sale
Catylist Listing ID: 30050073
Property Subtypes: Mixed Use
Building Size (RSF): 4,238 SF
Sale Price: $1,100,000
Unit Price: $259.56 PSF
Property Use Type: Net Leased Investment (NNN)
Usable Size (USF): 4,238 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Withdrawn On: 8/23/2017
Last Updated: 8/23/2017

Overview / Comments

4,238 SF newly renovated office building commercial on Canal Street. Building has central air and space features exposed brick, a kitchenette, as well as ample outdoor space. Upstairs is fully leased on a NNN basis. 2,138 SF downstairs is being marketed for lease at $14psf

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: MidCity/City Park
Tax ID/APN: 41015295
Zoning: HISTORIC URBAN NEIGHBORHOOD BUSINESS DISTRICT (HU-B1)
Property Located Between: N. Alexander & N. Murat
Property Visibility: Excellent
Area Description: 4411 Canal Street is located in New Orleans’ Mid-City neighborhood, a historic district on the National Register of Historic Places. The space is in a highly visible location on the Street Car line and is walking distance to Mid-City Market and City Park, among other local amenities.
Total Number of Buildings: 1
Number of Stories: 2
Typical SF / Floor: 2,100 SF
Year Renovated: 2016
Construction/Siding: Stucco
Zoning Description: The HU-B1 Neighborhood Business District is intended for commercial areas that predominantly serve the needs of the nearby residential neighborhoods. The general character of this type of development should be sensitive to and compatible with its residential surroundings.
Lot Frontage: 44
Lot Depth: 120
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 21,433 184,233 366,160
Median Age: 34.01 37.04 37.52
Households: 9,642 80,119 159,116

Contact

Photograph of Listing Agent

Timothy Thompson

Urban Properties, LLC New Orleans, LA 70130
LACDB Member
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