1525 Religious Street

Office for Sale
Sale Pending/Contingent
Also listed as Multi-Family
Catylist Listing ID: 30163872
Property Subtypes: Office Building
Status: Pending/Contingent
Building Size (RSF): 3,355 SF
Gross Building Area: See Agent
Sale Price: $1,200,000
Unit Price: $357.68 PSF
Property Use Type: Investment
Class of Space: Class A
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 2/12/2018

Overview / Comments

This property consists of two buildings with a beautiful shared courtyard and off street parking. One building is 2,374 square feet currently being used as an open floor plan office. The second building is a residence/apartment of 981 square feet.

The property is in excellent condition after a recent complete renovation down to the last detail. The larger building can be used for multiple purposes including an events venue, office space, or modern living quarters. Perfect for a user who wants to generate additional income with the residential component in the smaller building. The property is commercially zoned an eligible to be registered for short term rentals.

This location is right on the doorstep of the warehouse district, downtown, and the French Quarter. The site has great potential for a user who wants to generate income with the second building, or strictly for an investor who wants to use both buildings for income generation. Featuring a detailed renovation with a beautiful courtyard, there is nothing that needs to be done to this property - it's ready for turnkey operation.

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Uptown-Garden District
Tax ID/APN: 41202573
Property Located Between: Race & Orange
Total Number of Buildings: 2

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,535 192,359 391,394
Median Age: 35.78 35.99 36.66
Households: 9,879 82,249 161,510


Photograph of Listing Agent

Matt A Taylor

Property One Inc New Orleans Metairie, LA 70002
LACDB Member
Photograph of Listing Agent

Warren Surcouf, III

Property One Inc New Orleans Metairie, LA 70002
LACDB Member
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