Mid-City Office Building For Sale

Office for Sale
Catylist Listing ID: 30831477
Property Subtypes: Office Building
Building Size (RSF): 42,120 SF
Gross Building Area: See Agent
Gross Land Area: 36,048 SF
Sale Price: $3,700,000
Unit Price: $87.84 PSF
In Opportunity Zone? Yes
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 3/17/2023

Overview / Comments

Vacant four (4) story office building located on a main thoroughfare in the heart of Mid-City, offering both bus and the historic streetcar system for public transit. It is within walking distance to both the new VA Medical Center and the University Medical Center.

Typical floor plate for this 42,120 SF building is approximately 10,278 SF. The property features 65 parking spaces within a fenced surface lot, with additional area allowing for extra parking.

The property experienced significant damage from Hurricane Ida with certain aspects of the property still in need of repair. The property is located in a Federal Opportunity Zone.

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Greater New Orleans
Tax ID/APN: 105202006

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 26,952 205,224 401,653
Median Age: 32.71 36.61 37.08
Households: 10,084 90,486 171,718


Photograph of Listing Agent

Greg S Riera

Jones Lang LaSalle Americas Inc. New Orleans, LA 70112-3764
LACDB Member
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