Prime Uptown Corner Mixed Use

Retail-Commercial for Sale
Catylist Listing ID: 30851628
Property Subtypes: Mixed Use
Building Size (RSF): 5,313 SF
Gross Building Area: 5,636 SF
Gross Land Area: 5,160 SF
Sale Price: $2,000,000
Unit Price: $376.44 PSF
Property Use Type: Investment, Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/17/2024

Overview / Comments

Once in a generation opportunity for a commercial/residential building with great visibility on a PRIME Uptown corner along the Magazine corridor. Downstairs commercial units have potential to be combined as one large unit or remain as dual incomes. Upstairs residential units boasts high ceilings, natural light and more just waiting for a fresh take.

Three space parking lot. Across from Saba and Kendra Scott. Possible qualification for historic tax credits to be verified by buyer.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 615102908
Retail Clientele: General, Business
Property Visibility: Excellent
Largest Nearby Street: Magazine
Number of Stories: 2
Property Condition: Average
Year Built: 1905
Construction/Siding: Stucco, Wood Siding
Total Parking Spaces: 3
Parking Type: Surface
Parking Description: Parking lot with three spaces
Sprinklers: None
Heat Source: Central, Wall Units
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,859 147,771 362,200
Median Age: 38.56 36.02 37.34
Households: 9,479 61,553 151,755

Contact

Photograph of Listing Agent

Emilie Moseley

Engel & Volkers New Orleans Metairie, LA 70005
LACDB Member
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