Amazing Magazine Street Opportunity
Retail-Commercial
for Sale
| Catylist Listing ID: |
30853578 |
| Property Subtypes: |
Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub
|
| Building Size (RSF): |
3,500 SF
|
| Gross Land Area: |
7,168 SF
|
| Sale Price: |
$1,500,000 |
| Unit Price: |
$428.57 PSF |
| Property Use Type: |
Investment, Vacant/Owner-User, Business |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/18/2023 |
Overview / Comments
|
Wonderful Opportunity in the Magazine Street Commercial District!!!! This Victorian Bracketed Camelback offers about 3500 sf of Retail/ Office/ Medical/ Restaurant space in the highly-trafficked, highly-visible corner of Magazine and Aline Street. The building boasts many historical features such as high ceilings, original doors, moldings and mantles, Charming porch, Floor to ceiling windows and has an attached parking lot with ADA ramp and generator. Apartment potential on the second floor. Zoned HU-B1 which permits a variety of uses. Measurements are approximate and not guaranteed.
|
Additional Details
| Nearest MSA: |
New Orleans-Metairie |
| County: |
Orleans |
| Submarket/Township: |
Uptown-Garden District |
| Tax ID/APN: |
614125301 |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist |
| Property Located Between: |
On Magazine Street at Aline Street |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Louisiana Ave |
| Feet of Frontage: |
56 |
| Property Condition: |
Good |
| Year Built: |
1890 |
| Year Renovated: |
2015 |
| Construction/Siding: |
Vinyl Siding |
| Total Parking Spaces: |
7 |
| Parking Type: |
Surface |
| Heat Type: |
Natural Gas |
| Heat Source: |
Central |
| Air Conditioning: |
Package Unit |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
27,009 |
176,555 |
396,657 |
| Median Age: |
37.17 |
36.18 |
36.9 |
| Households: |
13,746 |
75,409 |
163,009 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Louisiana Commercial Database, LLC nor
Moody's assume any liability for errors or omissions.
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