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.
|
Additional Details
| Nearest MSA: |
New Orleans-Metairie |
| County: |
Orleans |
| Submarket/Township: |
Greater New Orleans |
| Tax ID/APN: |
105202006 |
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 |
|
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The information presented herein is provided as is, without warranty of any kind.
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