3001 5th Street

Office for Sale
Also listed as Multi-Family
Catylist Listing ID: 30752931
Property Subtypes: Office Building
Building Size (RSF): 3,550 SF
Gross Building Area: See Agent
Gross Land Area: 4,500 SF
Sale Price: $650,000
Unit Price: $183.10 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Last Updated: 9/17/2021

Overview / Comments

Well maintained, 4 Unit building located on the Lakefront in Metairie. First floor is covered parking with 2 spaces per unit. Third floor units offer views of Lake Pontchartrain. Occupied and operating as a Commercial Office Building, this property may be redeveloped into Multi-Family/Condos. 2 of 4 Units consist of three private offices with waiting area and kitchenette. 2 of 4 Units consist of two private offices with waiting area and kitchenette.

Purchaser to verify Zoning and Use.

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Jefferson
Submarket/Township: Airport-Metairie-Kenner
Tax ID/APN: 68792
Zoning: CDR- CORE DISTRICT RESIDENTIAL
Area Description: Considered the Central Business District of Jefferson Parish, Metairie is home to mostly Regional and National Tenants, with out croppings of Mom & Pop business. This area is also home to a large concentration of Professional Services such as law, medical and financial.
Total Number of Buildings: 1
Number of Stories: 3
Zoning Description: This district is designed to encompass residential neighborhoods on the fringes of the business core. A characteristic of this district is the prevalence of high density residential uses, which complement the adjacent business core by providing living accommodations convenient to nearby employment centers. The areas encompassed by the CD-R district may be older, developed residential neighborhoods with new, high density infill development, or less developed lands near a growing business core which contain prime locations for high density residential development. This district should have access to major thoroughfares and shall be found only in conjunction with BC-1 and BC-2, Business Core Districts.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 13,767 113,137 271,055
Median Age: 40.44 40.98 39.96
Households: 6,126 50,706 115,735

Contact

Photograph of Listing Agent

Michael Naquin

NAI/Latter & Blum Commercial
New Orleans, LA
LACDB Member
Photograph of Listing Agent

Carol Logreco

NAI/Latter & Blum Commercial New Orleans
LACDB Member
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