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 |
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Louisiana Commercial Database, LLC nor
Moody's assume any liability for errors or omissions.
|