Class A Mid-City Commercial Building For Lease or Sale

Retail-Commercial for Sale
Also listed as Office, Industrial
Catylist Listing ID: 30115289
Property Subtypes: Free-Standing Building
Building Size (RSF): 6,120 SF
Gross Building Area: See Agent
Sale Price: $959,000
Unit Price: $156.70 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/16/2017

Overview / Comments

Location: Situated along Washington Avenue near the crossroads of Earhart Blvd. and Jefferson Davis Parkway; corner South Lopez & Rendon Streets.

Lot: Approximately 12,278 square feet of ground in a triangular shape, providing three street frontage, dimensions of 229’ x 189’ x 129’; ground designated as Square 147-A, Sixth District, Orleans Parish, LA

Zoning: C-I (commercial district).

Building: Approximately 6,120 square foot, ground level, Class A commercial building containing two-thirds office area (6 private offices, conference, kitchen, supply and ADA restrooms) and clean storage area in rear. Extensive renovation in ’13, entire building was essentially rebuilt. New standing-seam roof, architectural exterior wall panels, spray foam insulation, floor to ceiling glass office partitions, new building systems, LED lighting etc.

Loading: Ground level via multiple overhead doors: (1) 12’x14’, (1) 10’x12’ and (4) 6’x8’ along rear.

Yard: Small paved and fenced yard with access gates

Rental: $7,500/month, net

Sale Price: $959,000

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Greater New Orleans
Tax ID/APN: 41194750

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 32,350 194,322 412,226
Median Age: 31.22 36.65 37.62
Households: 11,062 86,591 176,416

Contact

Photograph of Listing Agent

Keith G Henry

Max J Derbes Inc New Orleans, LA 70123-3229
LACDB Member
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