Former Easthaven Care and Rehabilitation Center- 61,369 SF

Office for Sale
Also listed as Hospitality, Retail-Commercial
Catylist Listing ID: 29979212
Property Subtypes: Medical, Office Building
Building Size (RSF): 61,369 SF
Gross Building Area: See Agent
Gross Land Area: 124,873 SF
Sale Price: $1,095,000
Unit Price: $17.84 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Building Name: Easthaven Care and Rehabilitation Center
Class of Space: Class B
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/18/2019

Overview / Comments

Former Easthaven Care and Rehabilitation Center. Well located on Lake Forest Boulevard, between Bundy Road and Read Boulevard and directly adjacent to the renovated Post Office Building. The property is an upcoming corridor with easy access to I-10 and the proposed Lake Forest Mall Redevelopment Site.

The building has been gutted, is structurally sound, and ready for redevelopment. A great opportunity for nursing home, assisted living, hospice, inpatient or outpatient medical care, rehabilitation center or other similar uses. Zoned RM-1 with preliminary approval for Psychiatric Hospital. Can be redeveloped as a 100 Room Hotel.

An abundance of square footage for the price!

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Northshore / N.O. East
Tax ID/APN: 41182164
Zoning: RM-1
Property Located Between: I-10 & Hwy. 90
Property Visibility: Excellent
Zoning Description: RM-1 w/ preliminary approval for Psychiatric Hospital

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 16,453 55,946 119,695
Median Age: 30.28 32.71 34.88
Households: 5,883 20,101 46,124


Photograph of Listing Agent

Jimmy B Allen

Saurage Rotenberg Commercial Real Estate, LLC Baton Rouge, LA 70809
LACDB Member
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