820 O'Keefe
Office
for Sale
Also listed as Vacant Land
| Catylist Listing ID: |
30842069 |
| Property Subtypes: |
Office Building
|
| Building Size (RSF): |
18,466 SF
|
| Gross Building Area: |
18,716 SF |
| Gross Land Area: |
34,933 SF
|
| Sale Price: |
$6,500,000 |
| Unit Price: |
$352 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Class of Space: |
Class A |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
4/10/2024 |
Overview / Comments
Beautiful Class A office building. Former law offices of Herman, Herman & Katz.
Great convenient location with easy access to I-10 and the CBD. Building has 85 surface parking spaces surrounding the building. Easy access for your clients.
Numerous amenities in the immediate area including retail shops, restaurants, banks, art galleries, and even a CVS Drug Store and a Rouses supermarket. Just three blocks from the Superdome.
Also a great land development site. The building can be torn down and the site has tremendous development opportunities for hotels, condos, apartments, etc. It is directly across the street from the Standard Luxury Condominiums and the South Market mixed use development.
|
Additional Details
| Nearest MSA: |
New Orleans-Metairie |
| County: |
Orleans |
| Submarket/Township: |
Uptown-Garden District |
| Tax ID/APN: |
103104827|1 |
| Property Located Between: |
Between Julia street and Howard avenue |
| Property Visibility: |
Excellent |
| Highway Access: |
Just three blocks to on and off ramps from I-10 |
| Site Description: |
extra 120' X 81'8" parking lot included. With the building you have over 250 feet of frontage on O'Keefe. |
| Area Description: |
In the Warehouse District / CBD. New development happening in the area including the new Souther Glazer facility next door and numerous museums and art galleries in the immediate area. Also major Class A high-rise office buildings like the Entergy Headquarters and Energy Center are in a two block radius of the property as well as the Hyatt Regency Hotel. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Year Renovated: |
2006 |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
| Parking Description: |
85 surface parking space adjacent to the office building |
| Total Parking Spaces: |
85 |
| Sprinklers: |
Wet |
| Interior Description: |
Class A finishes. Leaded glass doors, exposed brick walls and floors and substantial wood mouldings throughout the building. |
| Zoning Description: |
CBD - 5 |
| Lot Frontage: |
250 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Land Ownership: |
fee simple |
| Legal Description: |
First Municipal District, Square 256, Lots X and Lots 58 - 65 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
22,466 |
201,559 |
403,590 |
| Median Age: |
36.85 |
35.65 |
37.02 |
| Households: |
11,363 |
87,221 |
168,834 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Louisiana Commercial Database, LLC nor
Moody's assume any liability for errors or omissions.
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