Catylist ID: #30497567
HISTORIC Small Duplex Office/Retail/Other Commercial Space on Broad
Office for SaleAlso listed as Retail-Commercial, Hospitality
|Catylist Listing ID:||30497567|
|Property Subtypes:||Executive Suites, Mixed Use, Flex Space, Office Building, Other|
|Building Size (RSF):||1,750 SF|
|Gross Land Area:||3,162 SF|
|Unit Price:||$220 PSF|
|In Opportunity Zone?||Yes|
|Property Use Type:||Vacant/Owner-User, Business|
|Usable Size (USF):||1,750 SF|
|Sale Terms:||Cash to Seller, Sale/Leaseback|
Overview / Comments
SELLER IS VERY MOTIVATED AND DESIRES QUICK AND EASY SALE
Small office duplex on Broad, near Canal
There is an existing tenant with a 6 month lease in the 220 side. The owner is in the 218 side. There is also a 180 sqft music studio in the back. The seller requires 1-4 weeks after closing to remove leasehold improvements in the music production studio, particularly expensive wiring installed behind the walls.
2-3 parking spots in the rear of the building, but both adjacent properties have put up fences to prevent access.
No central air, only window units
Owned since 1987
Wood framing is thick cypress
Roof since 2006
Flooding rarely gets above sidewalk
Seller recommends unsophisticated buyers to NOT spend more than $5,000 on basic repairs and believes everything else is aesthetic.
By appointment only, 218 side
Feel free to visit the 220 side during business hours but please don't disturb the tenant by asking them if you can see the area behind the jewelry cases.
|Nearest MSA:||New Orleans-Metairie|
|Submarket/Township:||Greater New Orleans|
|Total Number of Buildings:||1|
|Number of Stories:||1|
|Total Parking Spaces:||3|
|Proximity:||1 mile||3 miles||5 miles|
Russell BernsteinMetairie, LA
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