Newly renovated commercial & office space on Tulane Ave.

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30475266
Property Subtypes: Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
Status: Pending
Building Size (RSF): 3,591 SF
Gross Building Area: See Agent
Sale Price: $599,900
Unit Price: $167.06 PSF
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/17/2019

Overview / Comments

Newly renovated 2 story commercial corner property with office space and living area on double lot. All new electrical (2 electrical meters), plumbing, HVAC, mechanical, Sheetrock, and much much more. Downstairs flooring not completed but an allowance can be negotiated. Zoned MU-2 so possibilities are endless. 1st floor consist of open commercial space with 2 restrooms and second floor is nicely renovated and can be used as a large office space and or living quarters separately metered. Priced to sell and won't last long. Oh but wait there's even more, you also have annual billboard revenue of $5,100.00. This offering is for 3604-06 Tulane ave & the corner lot of tulane & S.Genois (2 lots) when combined on lands measuring approximately 4,580 sq ft.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Greater New Orleans
Tax ID/APN: 41036700
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Convention, Casino, Other
Property Visibility: Excellent
Tenancy: Multiple Tenants
Number of Stories: 2
Property Condition: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 28,663 197,701 391,483
Median Age: 32.03 37.09 37.25
Households: 10,540 87,737 168,818

Contact

Photograph of Listing Agent

Bilal Zughayer

a2z Realty LLC Gretna, LA 70056
LACDB Member
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