Class A Mid-City Commercial Building For Lease or Sale

Retail-Commercial for Sale
Also listed as Office, Industrial
Catylist Listing ID: 30115289
Property Subtypes: Free-Standing Building
Building Size (RSF): 6,120 SF
Gross Building Area: See Agent
Sale Price: $959,000
Unit Price: $156.70 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/22/2018

Overview / Comments

Location: Situated along Washington Avenue near the crossroads of Earhart Blvd. and Jefferson Davis Parkway; corner South Lopez & Rendon Streets.

Lot: Approximately 12,278 square feet of ground in a triangular shape, providing three street frontage, dimensions of 229’ x 189’ x 129’; ground designated as Square 147-A, Sixth District, Orleans Parish, LA

Zoning: C-I (commercial district).

Building: Approximately 6,120 square foot, ground level, Class A commercial building containing two-thirds office area (6 private offices, conference, kitchen, supply and ADA restrooms) and clean storage area in rear. Extensive renovation in ’13, entire building was essentially rebuilt. New standing-seam roof, architectural exterior wall panels, spray foam insulation, floor to ceiling glass office partitions, new building systems, LED lighting etc.

Loading: Ground level via multiple overhead doors: (1) 12’x14’, (1) 10’x12’ and (4) 6’x8’ along rear.

Yard: Small paved and fenced yard with access gates

Rental: $7,500/month, net

Sale Price: $959,000

Attachments & Media

Additional Details

Nearest MSA: New Orleans-Metairie
County: Orleans
Submarket/Township: Greater New Orleans
Tax ID/APN: 41194750

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 32,350 194,322 412,226
Median Age: 31.22 36.65 37.62
Households: 11,062 86,591 176,416


Photograph of Listing Agent

Keith G Henry

Max J Derbes Inc New Orleans, LA 70123-3229
The information presented herein is provided as is, without warranty of any kind. Neither Louisiana Commercial Database, LLC nor Catylist Real Estate Software, Inc. assume any liability for errors or omissions.