Opportunity Zone
Office
for Sale
Catylist Listing ID: |
30443982 |
Building Size (RSF): |
8,955 SF
|
Gross Building Area: |
9,000 SF |
Gross Land Area: |
274.40 - 212.50 SF
|
Sale Price: |
$4,600,000 - 5,300,000 |
Unit Price: |
$513.68 - 591.85 PSF |
In Opportunity Zone? |
Yes |
Property Use Type: |
Business |
Class of Space: |
Class A |
Sale Terms: |
Other |
Cap Rate: |
Undisclosed |
Last Updated: |
1/11/2021 |
Overview / Comments
Attention Investors!! Opportunity Zone!! Formerly the Original New Orleans Fire Station, This building has been converted to a three story commercial space featuring an open opportunity for a restaurant, music hall, catering business for event venues etc.. Has a full size commercial kitchen with walk in cooler. There are 3 separate bar stations and outside courtyard area. Third floor features a private Penthouse apartment with full kitchen, 1.5 baths, laundry, 2 large rooms including Master suite. 5 vacant lots are adjacent along with a residential home behind the building on 917 Terpsichore. Owner would like to sell as a package deal!!
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Additional Details
Nearest MSA: |
New Orleans-Metairie |
County: |
Orleans |
Submarket/Township: |
Uptown-Garden District |
Tax ID/APN: |
41142891 |
Zoning: |
COMMERCIAL |
Property Located Between: |
Annunciation, Terpsichore and Magazine |
Property Visibility: |
Good |
Highway Access: |
One block from the Convention Center |
Total Number of Buildings: |
1 |
Number of Stories: |
3 |
Exterior Description: |
Brick and concrete |
Parking Type: |
Other |
Parking Description: |
On street unless vacant land is converted |
Passenger Elevators: |
1 |
Sprinklers: |
To Suit |
Heat Type: |
Natural Gas |
Heat Source: |
Central, Ceiling Units |
Air Conditioning: |
Other |
Internet Access: |
Other |
Zoning Description: |
Commercial |
Lot Frontage: |
274.40 |
Lot Depth: |
147 |
Water Service: |
Municipal |
Sewer Type: |
Municipal |
Easements: |
Other |
Legal Description: |
Lots 1,2,3,5,6,7,8 Square 115 1st District New Orleans |
Demographic Statistics
Proximity: |
1 mile |
3 miles |
5 miles |
Total Population: |
21,968 |
191,502 |
397,307 |
Median Age: |
36.92 |
35.7 |
36.97 |
Households: |
11,435 |
82,327 |
165,084 |
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