Turn Key Commercial STR Licenses In Place | 2 Licenses
Hospitality
for Sale
Also listed as Multi-Family, Retail-Commercial
Catylist Listing ID: |
30824096 |
Property Subtypes: |
Vacation Rental(s)
|
Number of Units: |
4 Units |
Building Size (RSF): |
6,262 SF |
Gross Building Area: |
See Agent |
Gross Land Area: |
3,465 SF
|
Sale Price: |
$1,600,000 |
Unit Price: |
$400,000 Per Unit |
Property Use Type: |
Vacant/Owner-User, Business |
Sale Terms: |
Cash to Seller |
Cap Rate: |
Undisclosed |
Last Updated: |
1/23/2023 |
Overview / Comments
Beautifully renovated and well-maintained mixed-use property in the heart of the Marigny for sale. The property was fully renovated in 2019 and features lux fixtures throughout. A new roof installed in 2022. The downstairs is comprised of a mix of office, storage, and a vacant retail/commercial space fronting St. Claude Avenue. Current ground-floor co-tenants include Elyod Construction and Blue Door Management for $3,500 monthly.
The two (2) commercial short term rental units are located on the second-floor. The front unit features 5 beds/4 baths. The rear unit features 5 beds/3.5 bathrooms. There is a total of 10 beds/7.5 baths within the property.
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Additional Details
Nearest MSA: |
New Orleans-Metairie |
County: |
Orleans |
Submarket/Township: |
Greater New Orleans |
Tax ID/APN: |
38W103713 |
Zoning: |
HMC-2 |
Property Located Between: |
St Roch and Music |
Property Visibility: |
Excellent |
Feet of Frontage: |
138 |
Highway Access: |
I-10 nearby |
Airports: |
MSY |
Nearby Attractions: |
French Quarter, St Roch Market, Healing Center, Morrows. See Points of Interest Map in OM. |
Total Number of Buildings: |
1 |
Number of Stories: |
2 |
Property Condition: |
Good |
Parking Type: |
Structure |
Parking Description: |
2 garage spaces off Music Street. |
Zoning Description: |
HMC-2 HISTORIC MARIGNY/TREMÉ/BYWATER COMMERCIAL DISTRICT |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
26,024 |
150,705 |
370,230 |
Median Age: |
39.01 |
36.99 |
35.9 |
Households: |
12,500 |
64,999 |
155,111 |
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