Retail-Commercial for Sale
Also listed as Multi-Family
Catylist Listing ID: 30787269
Property Subtypes: Convenience Store, Mixed Use, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Size (RSF): 4,752 SF
Sale Price: $2,100,000
Unit Price: $441.92 PSF
Ceiling: 12 ft.
In Opportunity Zone? Yes
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Average Occupancy Rate: 100
Last Updated: 1/16/2023

Overview / Comments

This 3-story mixed-use building is 100% rented and in a prime location! Exterior features three sets of 14’ refinished mahogany doors, two leading to approximately 1,200 sf of open commercial space and one set leading to the residential apartments’ stairs and privately-keyed elevator. The apartments are each spacious 1 bedroom/1.5 baths with great windows, granite countertops, stainless steel appliances, separate laundry rooms and plenty of storage space. The original interior brick walls and tall ceilings add character and old New Orleans charm to the entire building. Schedule a private tour today!

Annual income of $103,525 plus net charges on the commercial space. Call agent for more details!

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 41201589
Zoning: CBD-6
Retail Clientele: General, Business, Traveler, Tourist, Recreation, Convention, Casino, Other
Property Located Between: Poydras & Girod, Magazine & Convention Center Blvd.
Property Visibility: Excellent
Largest Nearby Street: Poydras
Feet of Frontage: 22
Tenancy: Multiple Tenants
Number of Stories: 3
Property Condition: Excellent
Construction/Siding: Brick
Parking Description: Three parking locations available within one block
Passenger Elevators: 1
Heat Type: Electricity
Heat Source: Central
Zoning Description: CBD-6
Lot Frontage: 22
Lot Depth: 72'3"
Water Service: Municipal
Sewer Type: Municipal
Legal Description: SQ 60 LOT 3 or 19 TCHOUPITOULAS ST 22' X 72'3" SEE E REC ADVANCE NOTIF RTA #2003-0386-60

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 17,481 192,955 396,170
Median Age: 39.1 35.97 36.9
Households: 9,828 84,419 165,890


Photograph of Listing Agent

Janis Groetsch

RE/MAX N O Properties New Orleans, LA 70118-6021
LACDB Member
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