HISTORIC BUILDING FOR SALE

Office for Sale
Also listed as Retail-Commercial, Multi-Family
Catylist Listing ID: 30349968
Building Size (RSF): 9,315 SF
Gross Building Area: See Agent
Sale Price: $1,800,000
Unit Price: $193.24 PSF
Property Use Type: Vacant/Owner-User
Class of Space: Class C
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 12/12/2018

Overview / Comments

BUILDING AREA
A four-story masonry and wood frame building, comprising approx. 9,315 square feet

LAND AREA
Approx. 2,875 sq. ft. (27’/54’ x 90.74’/75’/15.74’) with 27 feet of frontage on Camp, configured in an L-shape; 15’ of frontage on Girod Street (608), formerly used for loading/garage.

ADDITIONAL
Wood frame with brick common walls, clear-span (no posts); Masonry façade with large frame windows; Concrete floor on ground level, wood floors on upper floors ; Built-up roof was replaced in ‘97 and maintained since; Ceiling heights are 14’ (1st floor), 12’ (2nd), 11’ (3rd), & 9’ (4th). Building has residential style stairways and a cage type elevator.

BUILDING AREA
Ground floor: 2,835 sf - 27’ x 75’ plus 810 +/- SF (15’x 54’) additional, includes garage
Second floor : 2,430 sf - 27’ x 75’ plus 405 +/- SF (15’ x 27’) rear addition
Third floor: 2,025 sf - 27’ x 75’
Fourth floor: 2,025 sf - 27’ x 75’

ZONING
CBD-5 (Urban Core Neighborhood Lower intensity Mixed Use District)

TAX CREDITS
Great redevelopment mixed-use conversion building. Tax credits available: Federal Historic Tax Credits; State Historic Tax Credits; Restoration Tax Abatement ; Opportunity Zone (capital gains deferment)

SALE PRICE
$1,800,000 ($193.55 PSF)
Owner will consider long term lease and/or build-to-suit tenant.

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,332 194,227 402,920
Median Age: 38.77 35.85 37.03
Households: 10,620 84,657 169,100

Contact

Photograph of Listing Agent

Keith G Henry

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