Vacant Land in Lower Garden District–MU1 Zoning

Vacant Land for Sale
Sale Pending/Contingent
Catylist Listing ID: 30820833
Property Subtypes: Hospitality, Multi-Family, Office, Retail
Status: Pending/Contingent
Gross Land Area: 4,064 SF
Sale Price: $350,000
Unit Price: $86.12 PSF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/3/2024

Overview / Comments

Lower Garden District Lot with MU-1 Zoning. Great investment with generous commercial zoning just off St. Charles Ave! Examples of permitted uses for MU-1 Zoning include: Short term rentals, art gallery, grocery store, healthy club, bed & breakfast, single family dwelling, townhome, multifamily, mirco-brewery, office, movie studio, recording studio, retail, restaurant, social club, park, and much more. A more detailed list of permitted uses for MU-1 Zoning can be found at https://czo.nola.gov/article-15/

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Taxing Authority: Orleans Parish
Tax ID/APN: 41142848
Zoning: MU-1
Property Located Between: St. Charles and Prytania
Property Visibility: Good
Legal Description: SQ 200 LOT 18 POLYMNIA 31' 11" X 107' VACANT SIT
Largest Nearby Street: St. Charles
Feet of Frontage: 32
Area Description: Just off Saint Charles Avenue in a vibrant business corridor in the Lower Garden District. Street car steps away.
Lot Frontage: 31.11.5
Lot Depth: 127.10.5
Zoning Description: MU-1
Topography: Level

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 25,974 200,147 404,128
Median Age: 37.15 35.65 36.99
Households: 13,344 85,745 168,108

Contact

Photograph of Listing Agent

Karon Reese

Reese & Co. Real Estate New Orleans, LA 70130
LACDB Member
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