Catylist ID:
#30785637
Award-Winning Row Home For Sale
Multi-Family
for Sale
Also listed as Retail-Commercial
| Catylist Listing ID: | 30785637 |
| Property Subtypes: | Duplex/Fourplex |
| Number of Units: | 2 Units |
| Building Size (RSF): | 3,604 SF |
| Sale Price: | $1,895,000 |
| Unit Price: | $947,500 Per Unit |
| In Opportunity Zone? | Yes |
| Property Use Type: | Investment, Vacant/Owner-User |
| Building Name: | 415-17 Gravier St |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/23/2022 |
Overview / Comments
|
*PRICE IMPROVEMENT* Award-Winning Row Home For Sale 415-17 Gravier St is a beautifully remodeled, urban 2-unit row-house ideally located Central Business District. Constructed in c.1845, the building originally was used for brick and timber storage and later served as linen & service annex for the Windsor Court Hotel. The building was completely renovated in 2009 in a warm-modern aesthetic and remains in impeccable condition today. 415-17 Gravier St was awarded "Best Adaptive Reuse" in 2010 by AIA New Orleans. The property is perfectly tucked away on a quiet, tree lined side street in the vibrant Central Business District. It is within walking distance of many of New Orleans’ most prestigious landmarks, restaurants, and bars; most notably the highly rated Restaurant August, Windsor Court Hotel, Mother's Restaurant, Harrah's Casino and Canal Place Mall. Convenient access to I-10, French Quarter, Marigny, Bywater, Mid-City and Lower Garden District. An article highlighting the property's incredible transformation can be found here: https://www.myneworleans.com/from-storage-to-stellar/pic/41740/ THE DETAILS - Price: $1,895,000 - Size: 3,604 - 3 Floors - 2 units - (1) 2 Bed, 2.5 Bath; (1) 1 Bed, 1 Bath - Zoning: CBD-2 (Hotel and STR are permitted uses) 415 Gravier St - 2,618 sf - 2 bed, 2.5 bath - Top 2 floors with glass elevator access to each floor - Private balcony 417 Gravier St - 986 sf - 1 bed, 1 bath - Ground floor FEATURES - Glass Elevator - Over-sized skylight - Exposed heart-pine beams - Stainless steel appliances - Stone tops and tiles - Numerous contract and hourly parking options nearby Please contact agent for more details. |
Attachments & Media
Additional Details
| Nearest MSA: | New Orleans-Metairie |
| County: | Orleans |
| Submarket/Township: | Greater New Orleans |
| Tax ID/APN: | 41036304 |
| Zoning: | CBD-2 |
| Percent Occupied: | 100% |
| Property Condition: | Excellent |
| Number of Stories: | 3 |
| Year Built: | 1845 |
| Year Renovated: | 2009 |
| Laundry: | In Each Unit |
| Zoning Description: | Commercial and mixed-use district |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 17,123 | 183,819 | 397,736 |
| Median Age: | 41.19 | 36.1 | 36.79 |
| Households: | 9,717 | 81,199 | 166,565 |
Contact
Jack EgleFelicity Property Co., LLCNew Orleans, LA LACDB Member |
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