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.

Attachments & Media

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

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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

Contact

Photograph of Listing Agent

Gordon McLeod

The McEnery Company Inc New Orleans, LA 70112
LACDB Member
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