4701 DOWNMAN RD

Retail-Commercial for Sale
Catylist Listing ID: 30415050
Property Subtypes: Free-Standing Building, Retail-Pad, Other
Building Size (RSF): 8,160 SF
Sale Price: $359,000
Unit Price: $44 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 11/4/2019

Overview / Comments

FOUR RETAIL/OFFICE SUITES EACH APPROXIMATELY 1300 S/F. PLUS LARGE RECEPTION HALL ON THE SECOND FLOOR WITH BAR, FULL KITCHEN, AND ICE MACHINE. FLOOD ZONE X-$250,000 FLOOD INSURANCE COVERAGE-$1732 PER YEAR. PROPERTY & CASUALTY INSURANCE $4500 PER YEAR. LOCATED NEAR ACE HARDWARE, ACROSS STREET FROM DOLLAR GENERAL & HAPPY KIDS DAYCARE. 4 RENTAL UNITS PRODUCING INCOME PLUS RECEPTION HALL INCOME.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Northshore / N.O. East
Tax ID/APN: 41093703
Zoning: S-B1
Retail Clientele: General
Property Visibility: Excellent
Tenancy: Multiple Tenants
Total Number of Buildings: 1
Number of Stories: 2
Property Condition: Average
Year Built: 1979
Construction/Siding: Brick
Total Parking Spaces: 11
Parking Type: Surface
Zoning Description: SUBURBAN BUSINESS DISTRICT
Water Service: Municipal
Sewer Type: Municipal
Legal Description: JACKSON PL SQ 16 LOTS 1 TO 4 DOWNMAN RD AND ODIN 80X107 2/STORY BRICK BLDG OFFICE STORE SEE 002 4701-07 DOWNMAN RD 4703 DOWNMAN RD 4701 DOWNMAN RD SUITES 201, 202 & 203

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,085 76,475 194,267
Median Age: 34.63 34.37 35.5
Households: 3,736 29,309 78,101

Contact

Photograph of Listing Agent

Paul E Gilmore

Paul Gilmore & Associates, Inc. Metairie, LA 70006
LACDB Member
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