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$ 2,000,000
Est. payment | /mo
4,250 SqFt
$ 2,000,000
Est. payment | /mo
4,250 SqFt
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 4,250 sqft
Price per Sqft $470
MLS Listing ID 2574100
HOA Y/N No
Year Built 1990
Lot Size 6,660 Sqft
Acres 0.1529
Property Description
Rare opportunity to acquire a fully occupied investment property on highly sought-after corridor in New Orleans with upside in rental income and value! This large 3-story, ~8,980 sf building on highly visible corner lot is comprised of nine (9) total spacious units: Two (2) ground floor commercial units & Seven (7) upper floor residential units; 100% occupied - currently producing $12,065/month ($144,780/yr) in gross rental income.
A+ location on Canal Street in desirable Mid City neighborhood - 1 block from Canal & Norman C Francis intersection, with ample parking with 12 spaces in rear of building and multiple spaces in front of building.
Call Bryce (504) 301-5583 or Mason (504) 298-5547 for information or to arrange a showing.
A+ location on Canal Street in desirable Mid City neighborhood - 1 block from Canal & Norman C Francis intersection, with ample parking with 12 spaces in rear of building and multiple spaces in front of building.
Call Bryce (504) 301-5583 or Mason (504) 298-5547 for information or to arrange a showing.
Location
State LA
County Orleans
Zoning MU
Interior
Fireplace No
Exterior
Parking Features None
Water Access Desc Public
Building
Lot Description Corner Lot, City Lot
Dwelling Type Mixed Use
Entry Level Two
Sewer Public Sewer
Water Public
Level or Stories Two
Additional Building Living Quarters
Others
Tax ID 206206211
Security Features Fire Sprinkler System
Special Listing Condition None
Listed by Bridgewater Realty Advisors, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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