Historic Mixed-Use Building in the Heart of Mid-City
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Free-Standing Building, Mixed Use, Street Retail, Other
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|In Opportunity Zone?
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||Net Leased Investment (NNN), Investment
||Cash to Seller
Overview / Comments
This high-visibility, three-story building is located at the signalized intersection of Tulane Avenue and Norman C. Francis Parkway in Mid-City. The 4,356-sf site commands a well-traveled corner along a corridor from the Central Business District and BioMedical District to Metairie. It is approximately half a mile from the property to I-10 and Airline Drive. The area is easily accessible and has multiple restaurants, retail centers, and upcoming retail developments.
Originally built in the 1940s, the building may qualify for historic tax credits. It currently has two tenants, Russell’s Cleaners and Poree’s Embroidery, occupying the ground floor retail spaces. The second and third floors are shell space, primed for redevelopment for multifamily or office use, and total 7,220 rsf.
Attachments & Media
||Greater New Orleans
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