Catylist ID:
#30836507
| Catylist Listing ID: | 30836507 |
| Property Subtypes: | Office Building |
| Building Size (RSF): | 3,994 SF |
| Gross Building Area: | See Agent |
| Sale Price: | $1,194,206 |
| Unit Price: | $299 PSF |
| In Opportunity Zone? | Yes |
| Property Use Type: | Vacant/Owner-User |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 3/20/2023 |
Overview / Comments
|
Building Area: 3,994 (+/-) square feet office building on three floors with adjacent parking lot. Offered with adjacent vacant land parcel at 731 Girod. Additional: Building is vacated and available for immediate occupancy. This building features beautiful floors made of wide plank hardwood, brick, and slate. Architectural features include exposed brick and beam, fireplaces, and oversized moldings. Beautiful conference room, brick courtyard with balcony, full kitchen, stately offices including five private offices, and two open rooms for shared office space to accommodate up to 10 workers. A previous owner lived on floors two and three and operated business from first floor. The building is currently utilized as a law office. Finishes are updated and this space is move in ready. Neighbors include the Ace Hotel, Balise Restaurant, and the building is one block from South Market District and Lafayette Square. Zoning: CBD-5 which allows many uses including residential, office, medical, and short term rental. Elevator: A well functioning elevator exists to access all three floors & an ornate staircase Parking: Adjacent lot behind office at 731 Girod St. provides parking for eight vehicles. A true rarity for CBD office. Sale Price: Carondelet: $1,194,206 ($299 psf) Girod: $340,794. $1,535,000 total Lease Rate: Carondelet: $19.50 psf NNN for $6,490/mo Girod: $510/month NNN $7,000.00 total |
Attachments & Media
Additional Details
| Nearest MSA: | New Orleans-Metairie |
| County: | Orleans |
| Submarket/Township: | Uptown-Garden District |
| Tax ID/APN: | 41033760 |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 20,441 | 198,622 | 406,083 |
| Median Age: | 37.48 | 35.69 | 37.05 |
| Households: | 10,719 | 85,877 | 170,415 |
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