REDUCED! Retail Space for Sale on St. Charles!

Retail-Commercial for Sale
Catylist Listing ID: 30838256
Property Subtypes: Free-Standing Building, Mixed Use, Other
Building Size (RSF): 2,700 SF
Gross Building Area: See Agent
Gross Land Area: 3,240 SF
Sale Price: $650,000
Unit Price: $240.74 PSF
Property Use Type: Vacant/Owner-User
Usable Size (USF): 2,700 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/16/2023

Overview / Comments

Motivated Seller! Former grocery store on beautiful St. Charles Avenue. Corner property is zoned HU-RD1 (Historic Urban Two Family Residential District) and has some specific, yet limited, commercial applications with possible residential use. Before making an offer or during Due Diligence, potential purchasers must verify with the City of New Orleans whether their intended use of the property is approved. KW Commercial 889-9898/Keller Williams Realty 4550100 does not warranty occupational license approval for any intended use by potential purchasers. Again, occupational license approval is solely at the discretion of the City of New Orleans.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 716105204
Zoning: HU-RD1
Retail Clientele: General, Family, Business, Tourist
Property Located Between: Cherokee Street & Lowerline Street
Largest Nearby Street: Carrolton Avenue
Feet of Frontage: 30
Airports: MSY Louis Armstrong International; Lakefront Airport
Area Description: Mixed residential, retail, medical & office
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 2,700 SF
Property Condition: Average
Parking Description: Street
Heat Source: Central
Air Conditioning: Engineered System
Zoning Description: HU-RD1; Historic Urban Two Family Residential District--some specific/limited commercial uses allowed. Occupational licensing must receive final approval from City of New Orleans.
Lot Frontage: 30
Lot Depth: 108
Water Service: Municipal
Sewer Type: Municipal
Legal Description: SQ 77 LOT15-A ST CHARLES & CHEROKEE 34 x 89

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,807 154,008 392,778
Median Age: 31.3 36 38.22
Households: 8,883 65,767 169,682


Photograph of Listing Agent

Michael E Allain

KW Commercial 889-9898 Metairie, LA 70002
LACDB Member
Photograph of Listing Agent

Bob R Fraiche

KW Commercial 889-9898 Metairie, LA 70002
LACDB Member
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