Secure Parking in CBD or Conversion Opportunity
Retail-Commercial
for Sale
| Catylist Listing ID: |
30852364 |
| Property Subtypes: |
Parking Facility
|
| Building Size (RSF): |
1,600 SF
|
| Gross Building Area: |
See Agent |
| Sale Price: |
$425,000 |
| Unit Price: |
$265.63 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Vacant/Owner-User |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/25/2023 |
Overview / Comments
This easily adaptable, almost 1,600-sf condo is ideal for a variety of commercial uses. It is in an enviable location, close to both the Central Business District offices, banks, and courthouses as well as highly visited tourist destinations. It is an easy walk to Harrah’s Casino/Caesars, retail destinations like the Shops at Canal Place and Riverwalk Outlets, and the ever-popular French Quarter. It is also within a half block of The Windsor Court and fine dining like Restaurant August and Chophouse.
Currently serving as a covered parking garage for up to four automobiles, this space is versatile. With CBD-2 zoning, it can be used for either retail or office purposes. The space is built up to commercial code, with 2’ sheet rock and steel support beams, ensuring structural integrity, and can be built out further, making this an attractive downtown option.
Condo dues are $330 per month, and the purchaser is responsible for shell space maintenance and insurance.
|
Additional Details
| Nearest MSA: |
New Orleans-Metairie |
| County: |
Orleans |
| Submarket/Township: |
Greater New Orleans |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
16,246 |
184,461 |
397,736 |
| Median Age: |
41.32 |
36.14 |
36.79 |
| Households: |
9,279 |
81,448 |
166,565 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Louisiana Commercial Database, LLC nor
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