4701 DOWNMAN RD
Shopping Center
for Sale
| Catylist Listing ID: |
30836025 |
| Property Subtypes: |
Strip Center
|
| Building Size (RSF): |
8,000 SF
|
| Gross Building Area: |
8,560 SF |
| Sale Price: |
$450,000 |
| Unit Price: |
$56.25 PSF |
| Property Use Type: |
Investment |
| Usable Size (USF): |
8,000 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/27/2023 |
Overview / Comments
$100,800 ANNUAL INCOME IN THE ENTERTAINMENT DISTRICT, RENOVATED IN 2022, FULL LENGTH BALCONY, NEW ROOF, NEW FLOORING THROUGHOUT, THREE RETAIL SUITES ON 1ST LEVEL, APPROX 1300 S/F EACH. 2ND FLOOR LARGE RECEPTION HALL WITH BAR, FULL KITCHEN, RESTROOMS, ICE MACHINE. PLUS 1 ADDITONAL SUITE WITH FULL BATH, GLASS WALL PARTITION, X FLOOD ZONE. UPPER OFFICE SUITE COULD BE USED AS BUYER OCCUPANCY. TRAFFIC COUNT APPROX 17,000 CARS PER DAY!
|
Additional Details
| Nearest MSA: |
New Orleans-Metairie |
| County: |
Orleans |
| Submarket/Township: |
Northshore / N.O. East |
| Tax ID/APN: |
39W902903 |
| Zoning: |
S-B1 |
| Retail Clientele: |
Business |
| Property Located Between: |
DWYER, ODIN |
| Property Visibility: |
Excellent |
| Total Number of Buildings: |
1 |
| Number of Stories: |
2 |
| Property Condition: |
Excellent |
| Year Renovated: |
2022 |
| Construction/Siding: |
Brick |
| Parking Type: |
Surface |
| Zoning Description: |
SUBURBAN BUSINESS DISTRICT |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Legal Description: |
JACKSON PL SQ 16 LOTS 1 TO 4 DOWNMAN RD AND ODIN 80X107 2/STORY BRICK BLDG OFFICE STORE SEE 002 4701-07 DOWNMAN RD 4703 DOWNMAN RD 4701 DOWNMAN RD SUITES 201 202 & 203 |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
10,085 |
75,791 |
193,160 |
| Median Age: |
34.63 |
34.35 |
35.41 |
| Households: |
3,736 |
29,044 |
77,468 |
|
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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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