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: 8/27/2021

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!!

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

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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

Contact

Photograph of Listing Agent

Elizabeth Strohmeyer

Keller Williams Realty CCWP Gretna, LA 70056
LACDB Member
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