New Orleans CBD Rehabilitation Opportunity
Retail-Commercial
for Sale
Sale Pending/Contingent
Also listed as Multi-Family
| Catylist Listing ID: |
30853528 |
| Status: |
Pending/Contingent |
| Building Size (RSF): |
5,300 SF
|
| Gross Building Area: |
See Agent |
| Gross Land Area: |
1,969 SF
|
| Sale Price: |
$540,000 |
| Unit Price: |
$101.89 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Building Name: |
Former Marlin Bar |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/11/2023 |
Overview / Comments
|
This 2 and 3-story building, formerly the Marlin Bar, needs a complete renovation, The property should qualify for historic rehabilitation tax credits.
|
Additional Details
| Nearest MSA: |
New Orleans-Metairie |
| County: |
Orleans |
| Submarket/Township: |
Greater New Orleans |
| Tax ID/APN: |
105101405 |
| Zoning: |
CBD-2 |
| Retail Clientele: |
General, Family, Business, Traveler, Tourist, Convention |
| Property Located Between: |
St. Charles and Carondelet |
| Property Visibility: |
Good |
| Property Condition: |
Poor |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
18,379 |
188,637 |
405,679 |
| Median Age: |
41.3 |
35.94 |
36.95 |
| Households: |
9,905 |
82,709 |
170,628 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Louisiana Commercial Database, LLC nor
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|
