Catylist ID:
#30809530
REDUCED! Uptown Mixed-Use for Sale
Office
for Sale
Also listed as Multi-Family, Retail-Commercial
| Catylist Listing ID: | 30809530 |
| Property Subtypes: | Mixed Use, Office Building |
| Building Size (RSF): | 3,810 SF |
| Gross Building Area: | See Agent |
| Gross Land Area: | 3,920 SF |
| Sale Price: | $995,000 |
| Unit Price: | $261.15 PSF |
| Property Use Type: | Investment, Vacant/Owner-User |
| Class of Space: | Class A |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 4/3/2024 |
Overview / Comments
|
Steps from Magazine Street, 1027 Ninth has one commercial and one residential unit on the ground floor with a second residential/office unit located on the second floor. The commercial unit (513 sf) is occupied by Hair of the Dog Salon on a month-to-month lease. The ground floor residential unit was previously two 500 sf apartments. A few years ago the Seller combined the two units into one large apartment with beautiful exposed brick, stainless steel appliances, and high ceilings. The Seller occupies the 2nd floor as his law office. 2nd floor can easily be converted back into residential. The front has 4 sets of 12ft. Mahogany door w/transoms. Large apart. has a marble foyer, crystal chandelier, spectacular double staircase, granite kitchen, 42" cabinets, Mahogany floor doors, master has granite, whirlpool tub, & shower. 12 ft. ceilings, chandeliers, and more. Zoning is HU-RD2, however, former B1-A zoning is grandfathered in for first-floor dog groomer. |
Current Tenants
| Tenant Business Name | Hair of the Dog Salon |
Additional Details
| Nearest MSA: | New Orleans-Metairie |
| County: | Orleans |
| Submarket/Township: | Uptown-Garden District |
| Tax ID/APN: | 41183786 |
| Zoning: | HU-RD2 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 26,251 | 187,128 | 399,278 |
| Median Age: | 36.59 | 36.17 | 36.83 |
| Households: | 13,354 | 80,146 | 164,350 |
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